Rivian Set to Introduce Hands-Free Driving Technology in 2025
Electric vehicle manufacturer Rivian, identified by the ticker RIVN.O, has announced plans to roll out its sophisticated hands-free driving assistance systems by 2025, with the “eyes-off” feature expected to be launched in 2026, as stated by CEO RJ Scaringe on Thursday.
The automaker doesn’t foresee significant risks to its Georgia plant loan, despite the executive orders from former U.S. President Donald Trump affecting the EV sector.
In recent years, auto companies have been striving to add more features for autonomous driving, like lane-keeping assistance and adaptive cruise control, to enhance their vehicles.
Currently, Rivian’s Gen 2 vehicles are equipped with the “Rivian Autonomy Platform,” which provides support to drivers, yet still requires them to keep their attention and control over the vehicle, similar to what several other manufacturers offer.
Scaringe’s update comes as scrutiny rises around advanced driver assistance systems, especially as top EV brands like Tesla, marked by the ticker TSLA.O, shift towards self-driving technology and robotaxi developments.
Recently, the U.S. National Highway Traffic Safety Administration launched an investigation into 2.6 million Tesla cars after reports of accidents linked to a feature allowing users to operate their vehicles remotely.
Earlier this month, Rivian and the U.S. Department of Energy (DOE) finalized a loan agreement of up to $6.6 billion to support the construction of their manufacturing facility in Georgia.
On Monday, Trump overturned a 2021 executive order from his predecessor, Joe Biden, that aimed to have 50% of all new vehicles sold in the U.S. be electric by 2030.
Furthermore, Trump proposed the termination of a waiver allowing states to implement zero-emission vehicle regulations by 2035, expressing intentions to reassess electric vehicle tax credits.
Reporting by Arsheeya Bajwa in Bengaluru; Editing by Mohammed Safi Shamsi