TECH FOCUS:SUSTAINABLE ENERGY TECHNOLOGY Driving sustainability with evolving battery chemistries Rivian's main product offering is the R1T, the LFP battery pack delivering this kind of performance and range and perhaps other parameters. these advantages: * Carbon Intensity: Our preliminary research has found that manufacturing LFP batteries emits about 15% less carbon compared to other chemistries on a net kgCO2e/ kWh basis. * Durability and Life-Cycle: LFP batteries have about double the number of charge cycles in their vehicle-use lifetime than other existing lithium ion technologies. 16 October 2022 * Safety: LFP batteries offer the safest cathode technology available. For example, Iron Phosphate is commonly used in organic agriculture as a fertilizer. * Range: We anticipate our LFP Standard Pack to offer broad utility, and the current range for our delivery vehicles is well suited to delivery routes and customer needs. * Cost: The absence of materials like cobalt and nickel in LFP batteries makes them significantly less expensive to source. Many medium and heavy-duty (MHD) commercial vehicles are the perfect use-case for LFP. MHD vehicles comprise just 10 percent of vehicles on the UPDATE Rivian