Rivian has significantly improved its advanced driver-assistance system (ADAS), surpassing legacy competitors like General Motors but still trailing Tesla's Full Self-Driving (FSD) capabilities, especially in nonhighway and point-to-point driving. The company plans to offer point-to-point driving later this year, marking a major step forward. Rivian's system includes more safety features and sensor types such as cameras, radars, and soon lidar, aiming for safer and more robust performance. While Tesla leads in handling complex urban driving scenarios, Rivian's progress highlights growing competition in the ADAS market, which is important for future vehicle software and recurring revenue streams.
Rivian, an electric vehicle (EV) maker, has a market cap of $23 billion, surpassing global car giant Stellantis, which is valued at $20 billion despite selling millions more vehicles. Rivian expects to sell 65,000 to 70,000 vehicles this year, while ...
Rivian CEO RJ Scaringe will discuss the company's journey in building scalable hardware and its expansion beyond niche electric vehicles at TechCrunch Disrupt 2026. He highlights the launch of the $58,000 R2 SUV aimed at broadening Rivian's market am...
Nio's shares fell 5% following BlackRock's disclosure of a 12% reduction in its stake as of June 30, despite Nio showing strong operational performance with record ES9 SUV deliveries and a 71% year-over-year increase in July vehicle deliveries. The s...
