From Nasdaq: 2025-06-13 12:13:00

Rivian introduces its advanced driver assistance system (ADAS), the Rivian Autonomy Platform (RAP), offering Level 2+ autonomy with features like Highway Assist and Adaptive Cruise Control. The system includes user-activated tools and automatic safety features to prevent accidents, utilizing a powerful computing system for improved performance. Rivian is also making progress in ADAS development, competing with other automakers like Toyota, Waymo, and Tesla in autonomous vehicle platforms. Toyota and Waymo are exploring collaboration on a new autonomous vehicle platform, while Tesla’s Full Self-Driving (FSD) system continues to evolve with updates like v13 in December 2024.

Rivian’s stock performance has outperformed the Zacks Automotive-Domestic industry this year, with shares gaining 4.6% compared to the industry’s decline of 18.3%. From a valuation perspective, Rivian appears undervalued with a forward sales multiple lower than the industry average. The Zacks Consensus Estimate for Rivian’s 2025 and 2026 EPS has seen minor revisions in the past 30 days.

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Read more at Nasdaq: Does Rivian’s AI-Driven RAP Provide It a Competitive Edge?