Latest news with #R1S
Yahoo
2 days ago
- Automotive
- Yahoo
Why Are Rivian (RIVN) Shares Soaring Today
What Happened? Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 6% in the afternoon session after the company announced it will establish a new East Coast headquarters in Atlanta. The new office, expected to open in late 2025, will bring the EV automaker closer to its new $5 billion manufacturing plant currently under construction in Georgia. The headquarters will eventually house up to 500 employees, deepening the company's operational footprint in the U.S. Southeast. This strategic expansion reinforces Rivian's commitment to the region as it prepares to launch its next-generation, more affordable R2 and R3 vehicle platforms. Broader economic news also provided a tailwind for the stock. The consumer discretionary sector, which includes automakers, received a boost from a new report showing that U.S. retail sales rose a better-than-expected 0.6% in June. This suggests consumer spending remains strong, a positive sign for companies selling big-ticket items like electric vehicles. Is now the time to buy Rivian? Access our full analysis report here, it's free. What Is The Market Telling Us Rivian's shares are extremely volatile and have had 36 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 4 days ago when the stock dropped 3.1% after Guggenheim analyst Ronald Jewsikow moved the electric vehicle maker's rating to 'Neutral' from 'Buy'. The downgrade reflects growing concerns over weakening demand for Rivian's current R1T pickup and R1S SUV models. Guggenheim also pointed to headwinds from recent U.S. policy changes, including the elimination of the $7,500 federal EV tax credit, which could negatively impact future sales and profitability. The firm lowered its 2028 sales forecast for Rivian significantly, from 185,000 units to 150,000, citing the softer demand for the R1 platform as a potential negative indicator for the upcoming, lower-priced R2 and R3 models. Rivian is up 4.3% since the beginning of the year, but at $13.82 per share, it is still trading 21% below its 52-week high of $17.50 from July 2024. Investors who bought $1,000 worth of Rivian's shares at the IPO in November 2021 would now be looking at an investment worth $137.24. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Digital Trends
4 days ago
- Automotive
- Digital Trends
Rivian EVs receive juicy free mapping update to rival Tesla
Owners of the Rivian R1S and R1T electric vehicles are in for a treat as the auto maker pushes out a significant navigation update to drivers. Rivian has partnered with Google to bring Google Maps to the former's EVs, providing owners with all the features we've come to expect from the latter's mapping solution. As part of Rivian's 2025.22 version software update, the R1S and R1T will see Google Maps fully embedded into the infotainment system. But unlike in Polestar vehicles which run native Android Automotive as the operating system, Rivian maintains its OS overlay so it can continue to deliver its own specific features to drivers. What does this mean for owners? The Google Maps integration means Rivian drivers will get access to real-time traffic updates and live ETA estimates, along with satellite view and the ability to tap on points of interest on-screen to open up more information about a place (such as opening times and ratings). As Google has worked with Rivian to integrate Maps into the car maker's operating system, you'll also get Rivian-specific features including 'Range on Arrival', which will show you how much battery charge you'll have remaining once you arrive at your destination. And if you don't have a enough range to reach your destination, the vehicle's system can work with Google Maps to find the best charging stops along your route for efficient charging sessions. It'll also continue to provide real-time information on charging stations, including charger availability. These changes will also be reflected in the Rivian mobile app, allowing you to plan routes and explore points of interest before setting off on your journey. If this all sounds familiar, you'd be right. The navigation features Rivian is now offering, with the backing of Google Maps, brings it much closer to rivalling Tesla's in-car navigation system. Rivian R1S and R1T are premium vehicles starting at around $71,000, so while it can complete with Tesla on tech, it's not yet challenging it on price (the Model 3 starts at just under $35,000). And with rumors around a cheaper Tesla continuing to swirl, it may be a while before Rivian is challenging the full Tesla range – although the Rivian R2 will start at $45,000 and an even more affordable Rivian R3 is on the horizon.
Motor Trend
5 days ago
- Automotive
- Motor Trend
Rivian Is Integrating Google Maps Into Its Native Navigation Software
Fresh off major upgrades to its R1S SUV and R1T pickup, Rivian is now set to launch a software update of its onboard navigation system to include Google Maps data—both for the new vehicles it's producing and its existing customer cars. This isn't simply Google Maps like the app on your phone, however. Leveraging Google's Automotive SDK, Rivian has, in effect, overlaid its existing navigation experience over that of Google Maps, taking advantage of the internet giant's superior "routing, estimated time of arrivals, traffic updates, search capabilities, and satellite imagery," as Rivian put it, in order to further augment its own in-house "EV-friendly navigation features." Rivian is updating its R1S SUV and R1T pickup navigation systems to integrate Google Maps, blending Google's routing, traffic, and imagery with Rivian's EV-specific features. The update includes a new interface and extends to the Rivian Mobile App, rolling out starting tomorrow. This summary was generated by AI using content from this MotorTrend article Read Next In other words, Rivian's navigation system will now blend Google's superior mapping capabilities with its proprietary charging information, including estimated range and battery capacity remaining at your destination, route planning, real-time charging info, and more. In addition, Rivian skins the whole interface in its own design, a new version of which will also debut with the Google Maps update. Even better, Rivian says the update will extend to its Rivian Mobile App (a 2025 MotorTrend Best Tech award winner), which benefits from Google-like photos and descriptions of searched destinations, as well as satellite map views and real-time traffic data. As before, users can send trips and navigation destinations from the app to their Rivians, and now they'll be able to use the "share" function via Google Maps to do the same. The rollout of the new Google-augmented system is imminent—Rivian says it'll begin doing so as soon as tomorrow via an over-the-air update for every all-electric R1S SUV and R1T pickup it has sold to date, and it will come already equipped with every new model it sells.
Yahoo
6 days ago
- Automotive
- Yahoo
Why Rivian (RIVN) Shares Are Sliding Today
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) fell 3.1% in the afternoon session after a downgrade from Guggenheim analyst Ronald Jewsikow, who moved the electric vehicle maker's rating to 'Neutral' from 'Buy'. The downgrade reflects growing concerns over weakening demand for Rivian's current R1T pickup and R1S SUV models. Guggenheim also pointed to headwinds from recent U.S. policy changes, including the elimination of the $7,500 federal EV tax credit, which could negatively impact future sales and profitability. The firm lowered its 2028 sales forecast for Rivian significantly, from 185,000 units to 150,000, citing the softer demand for the R1 platform as a potential negative indicator for the upcoming, lower-priced R2 and R3 models. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Rivian? Access our full analysis report here, it's free. Rivian's shares are extremely volatile and have had 36 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Rivian is down 4.1% since the beginning of the year, and at $12.71 per share, it is trading 29.2% below its 52-week high of $17.94 from July 2024. Investors who bought $1,000 worth of Rivian's shares at the IPO in November 2021 would now be looking at an investment worth $126.13. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Verge
12-07-2025
- Automotive
- The Verge
Rivian R1S review: second time's the charm
Just four years after Rivian began selling its R1T truck, 2025 marks the beginning of the R1T and R1S' second generation. Considering they look essentially the same on the outside, it might be hard to decipher what warrants a new generation. But underneath, it's actually quite easy: all-new electric architecture, a new motor arrangement, retuned suspension, and more. Kicking off at $107,700, here's how all these revisions make the 2025 Rivian R1S Premium Tri-Motor a true frontrunner in the modern EV space. The tri-motor arrangement fits in between the base dual and top-level quad, and was my tester's powertrain for a whole week. All together, output is rated at 805 horsepower and 1,105 pound-feet of torque, which is enough to hit 60 mph in just 2.9 seconds. The sole battery available is the brand's Max spec at 141.5 kWh, possessing a charging rate of 220 kW and range of 371 to 405 miles depending on power settings and driving habits. During my week with it, I saw 340 miles in an even split between highway, off-road, and around-town driving. But this isn't the only significant update to the R1S' EV architecture. 'We clean-sheeted all of the electronics and harnesses in the vehicle, and placed controllers in zones where we could reduce the overall number of wires,' Kyle Lobo, Director of Electrical Architecture at Rivian explained in a recent interview. Lobo and his team laid them out in an east, west, and south orientation, where they're local to what they control, and then networked them all together. Going from 17 ECUs to just seven, the overall system weight was reduced by 44 pounds and cut out over 1.6 miles of harness. This also improves manufacturability; less parts and wiring to install means faster production time. Not only that, but all ECUs are now built in-house, speeding up production even further and increasing autonomy from outside suppliers. Another big change is software-resettable e-fuses which monitor current and voltage on every line. When something goes wrong, Rivian relays this information to its service team and the owner. This further bolsters overall simplicity, and lays the groundwork for the company's future R2 and R3 models. When it comes to a screen-heavy user interface, I'm usually a bit of a Luddite; the more physical buttons the better. However, Rivian's infotainment system was quite refreshing and easy-to-use, with no lag moving between screens and settings and great response. Its 15.6-inch screen's resolution followed suit, and while I thought I'd miss the familiarity of Apple CarPlay, the brand's in-house software was an excellent substitute. Besides some lag while scrolling through a particularly large Spotify playlist, it was all quite intuitive. Going one further, this was my first time utilizing an app-based digital key to start and stop the vehicle, and Rivian's software made it a seamless and trouble-free transition. Additionally, automatic emergency braking, lane departure warning, and adaptive cruise control are standard, and just as seamless and smooth in their operation as getting up to speed with the rest of the R1S' tech. Automatic emergency braking came in clutch on one occasion, in the rain and in response to a clueless Los Angeles driver—it hauled all 7000+ lbs down to a stop in an assured manner. Overall, the 2025 Rivian R1S possessed an everyday SUV-like driving experience. It didn't feel like a forward-thinking, futuristic concept of mobility, but rather drove as if it were part of GMC or Lincoln's traditional ICE lineups. Though, with one caveat: Its standard, re-tuned-for-2025 air suspension had an excellent overall ride quality, and even felt agile in its more performance-oriented setting. Then, of all the EVs I've driven over the years with one-pedal driving, the R1S was the easiest to master. Some systems require a bit more brain-to-throttle calibration than usual, but I enjoyed my tester's three levels of intensity, and altered them frequently depending on the mood or amount of regeneration I was aiming for. Besides being marketed as a spacious, three-row full-size EV truck, the R1S is also designed for off-the-pavement work, which I got the chance to try out up north of Los Angeles in a series of mountainside trails. With a 35.8-degree approach, 29.6-degree breakover, and 34.4-degree departure angle, plus an impressive 15 inches of ground clearance, it shrugged off some tricky sections where pitch and roll became rather excessive. One-pedal driving made the experience all-the-more enjoyable, too, as it allowed for incredibly precise throttle control. Sporting Rivian's All-Terrain package, my tester's 20-inch Pirelli tires never lost their footing while ascending some properly brutal ascents. I was glad to have such trail-ready treads as added insurance against any potential sidewall cuts over particularly rocky bits. Finally, there weren't any downsides in terms of road noise when I returned to paved tarmac, though Rivian says this package will reduce range by 10-15 percent. Besides an ever-so-slight software glitch using Spotify, I had a hard time finding anything annoying or lacking in the 2025 Rivian R1S. I never drove any previous iteration of the R1, but it's cool to see that, in just a few short years, this smaller—yet increasingly larger—name in EVs has made something this good, and makes me all-the-more excited to see how the R2 and R3 shake out when they arrive. Photography by Peter Nelson / The Verge
