Rivian Shows Off 'Enhanced Trip Planning' A Day After Acquiring Mapping Company Iternio
Portfolio Pulse from Anan Ashraf
Rivian Automotive has introduced enhanced trip planning powered by A Better Routeplanner (ABRP) in its latest software update, following the acquisition of mapping company Iternio. The update allows users to set preferred arrival range, charging locations, and estimate charging time.
June 23, 2023 | 4:05 am
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Rivian's acquisition of Iternio and integration of ABRP into its software update enhances trip planning capabilities for its electric vehicles.
Rivian's acquisition of Iternio and the integration of ABRP into its software update directly improves the trip planning capabilities of its electric vehicles. This enhancement is likely to make Rivian's vehicles more attractive to potential buyers, as it addresses a common concern among EV users regarding charging and range planning. As a result, this development could have a positive short-term impact on Rivian's stock price.
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