American automotive company Rivian has partnered with ChargeScape, a vehicle-grid integration platform backed by major automakers, to enhance the integration of high-capacity electric vehicle (EV) batteries with utility managed-charging programs across North America. This collaboration aims to strengthen grid resilience and offer cost savings for EV drivers by enabling Rivian vehicles to contribute as flexible energy resources during peak electricity demand periods. The partnership highlights a shared vision of a streamlined, scalable, and interoperable approach to grid-integrated electric vehicles, advancing the role of EVs in supporting a dynamic energy ecosystem. This initiative reflects a broader trend among automakers and utilities to leverage innovative vehicle-grid solutions for sustainable energy management.

• Rivian Automotive (NasdaqGS:RIVN) last closed at $15.93 down 4.5%.

In other trading, Shenzhen Megmeet Electrical (SZSE:002851) was trading firmly up 9.3% and ending the day at CN¥178.90. In the meantime, Tata Motors Passenger Vehicles (BSE:500570) trailed, down 8.3% to close at ₹361.05.

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• Tesla (NasdaqGS:TSLA) finished trading at $404.66 down 1.6%.

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