Rivian May Bring Back A Beloved Feature With A Twist: Modified Tank Turn For Off-Roading
Portfolio Pulse from Anan Ashraf
Rivian Automotive (NASDAQ:RIVN) is exploring variations of the previously scrapped tank turn feature, now focusing on off-road utility. The original feature was dropped due to concerns over driver safety and environmental impact. Rivian's Vice President of Software Development, Wassym Bensaid, discussed the potential for off-road targeted features that utilize aspects of the tank turn technology.

April 22, 2024 | 10:49 am
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Rivian is considering reintroducing a modified version of the tank turn feature for off-road use, addressing previous concerns over safety and environmental impact.
The reintroduction of a modified tank turn feature, now with a focus on off-road utility, could enhance Rivian's appeal to outdoor enthusiasts and EV buyers interested in off-road capabilities. This move signals Rivian's commitment to innovation while addressing safety and environmental concerns, potentially boosting investor confidence and customer interest. However, the impact on the stock will depend on market perception of Rivian's ability to deliver on this feature without compromising its values.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90