'Exclusive: Rivian to acquire ABRP (A Better Route Planner)' -Electrek Report
Portfolio Pulse from Benzinga Newsdesk
Rivian is set to acquire A Better Route Planner (ABRP), a popular EV route planning app, according to an Electrek report. The acquisition aims to enhance Rivian's navigation system and user experience.
June 15, 2023 | 5:48 pm
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Rivian's acquisition of ABRP is expected to improve its navigation system and user experience, potentially attracting more customers.
The acquisition of ABRP will allow Rivian to integrate the popular EV route planning app into its vehicles, enhancing its navigation system and user experience. This could make Rivian's vehicles more attractive to potential customers, leading to increased sales and a positive impact on its stock price in the short term.
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