Rivian Automotive RIVN revealed on Tuesday that it has actually introduced a brand-new navigation system powered by Alphabet GOOGL Google Maps
The Tesla TSLA competing partnered with Google to present Rivian Navigation with Google Maps, which utilizes the Google Maps Automobile SDK.
This tool enables Rivian to create a custom-made in-car navigation experience while leveraging Google’s innovative routing, traffic information, satellite images, and area information.
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Rivian chauffeurs will continue to delight in distinct functions such as EV charging stop preparation and Charging Ratings, now improved by Google Maps’ dependable information. The rollout of the brand-new navigation system starts on Tuesday for all Rivian owners.
Google likewise prepares to work together with other car manufacturers to assist them develop individualized navigation systems utilizing the Automobile SDK.
In associated news, Rivian is apparently boosting its EV charging experience through a brand-new automobile and mobile app software application upgrade.
The revamped Energy app now consists of a “Charging” tab to reveal energy consumption and a brand-new “Energy Display” to track energy output from environment control, outlets, and drive systems.
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A “Journey Target” function provides real-time charging suggestions throughout navigation, while a brand-new tool lets users prerequisite the battery as needed for quicker DC charging.
Chief Software Application Officer Wassym Bensaid stated Rivian will present a “Smart Charging” function in July, enabling arranged home charging. Additionally, in 2025, the business prepares to present bidirectional charging so lorries can power external gadgets.
The business stays dedicated to the $45,000 beginning cost for its upcoming R2 electrical automobile, even as trade stress and tariffs grow. It anticipates tariffs to include about $2,000 per system in 2025.
On Might 22, on CNBC’s “Mad Cash Lightning Round,” Jim Cramer stated Rivian outshined Lucid Group LCID
Rivian stock is down near 4% year-to-date, lagging the NASDAQ Composite Index’s 8% returns.
Cost Action: Rivian stock is trading greater by 0.82% to $12.84 at last check Tuesday.
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