Rivian Customers Cry Foul As 'Vampire Drain' Sucks Battery Life
Portfolio Pulse from Anan Ashraf
Rivian Automotive customers have reported concerns about battery drain when vehicles are left idle, known as vampire or phantom drain. A Reddit user compared the battery drain of their Rivian with a Kia EV6, noting a 20% drop in Rivian's state of charge compared to 1% for the Kia. Rivian's VP of Software Development acknowledged the issue and reassured that the company would investigate.

June 07, 2023 | 12:30 pm
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Rivian customers report concerns about battery drain when vehicles are left idle. Rivian's VP of Software Development acknowledged the issue and reassured that the company would investigate.
The news of battery drain issues in Rivian vehicles may negatively impact the company's reputation and customer satisfaction, potentially leading to a short-term decline in stock price. As the company acknowledges the issue and promises to investigate, it shows that they are taking the matter seriously, but the negative sentiment may still affect the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100