Latest news with #RivianAutonomyPlatform
Yahoo
2 days ago
- Automotive
- Yahoo
Does Rivian's AI-Driven RAP Provide It a Competitive Edge?
Rivian RIVN, an American EV manufacturer, has created its advanced driver assistance system (ADAS), known as the Rivian Autonomy Platform (RAP). This in-house platform features a more powerful computing system than that used in Rivian's earlier vehicles and is tailored specifically for its current and future provides Level 2+ autonomy, meaning it supports the driver with alerts and interventions, such as steering corrections and emergency braking, but it never takes full control of the vehicle. The system includes a comprehensive set of ADAS tools, stepping in only when on the R1T and R1S models, RAP's features fall into two main categories: Driving Assist and Active Safety Assist. Driving Assist includes user-activated tools like Highway Assist, Adaptive Cruise Control and Lane-Change Assistance. Active Safety Assist includes automatic features aimed at preventing accidents, such as lane safety, lighting adjustments, parking and reversing aids, and collision mitigation. RIVN carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks the introduction of its second-generation R1 platform, Rivian has significantly upgraded RAP. The vehicles now use a revamped perception system and computing setup, including 55-megapixel cameras and onboard processing power exceeding 200 trillion operations per second. The platform's AI-driven design and vertically integrated hardware allow Rivian to efficiently collect and process high-quality, multi-modal sensor data, giving it a competitive edge in ADAS development. Other automakers like Toyota Motor Corporation TM and Waymo, a subsidiary of Alphabet Inc. GOOGL, and Tesla TSLA are also making progress on the development of their respective autonomous vehicle April, Toyota and GOOGL's Waymo reached a preliminary agreement to explore a collaboration focused on the development of a new autonomous vehicle platform. Toyota and GOOGL's Waymo aim to combine their respective strengths to develop the platform. In parallel, the companies will explore how to leverage Waymo's autonomous technology and Toyota's vehicle expertise to enhance next-generation personally owned vehicles. Tesla's Full Self-Driving (FSD) system is a sophisticated driver-assistance technology designed to allow Tesla cars to navigate various driving conditions autonomously. FSD builds on Tesla's existing Autopilot features and is sold as an optional upgrade. The company has long been a leader in autonomous vehicle development. Tesla released its last major FSD update, v13, in December 2024. Rivian has outperformed the Zacks Automotive-Domestic industry year-to-date. RIVN shares have gained 4.6% against the industry's decline of 18.3%. Image Source: Zacks Investment ResearchFrom a valuation perspective, Rivian appears undervalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 2.47, lower than its industry's 2.64. Image Source: Zacks Investment ResearchThe Zacks Consensus Estimate for 2025 and 2026 EPS has moved down 3 cents and up 2 cents, respectively, in the past 30 days. Image Source: Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Globe and Mail
2 days ago
- Automotive
- Globe and Mail
Does Rivian's AI-Driven RAP Provide It a Competitive Edge?
Rivian RIVN, an American EV manufacturer, has created its advanced driver assistance system (ADAS), known as the Rivian Autonomy Platform (RAP). This in-house platform features a more powerful computing system than that used in Rivian's earlier vehicles and is tailored specifically for its current and future models. RAP provides Level 2+ autonomy, meaning it supports the driver with alerts and interventions, such as steering corrections and emergency braking, but it never takes full control of the vehicle. The system includes a comprehensive set of ADAS tools, stepping in only when necessary. Standard on the R1T and R1S models, RAP's features fall into two main categories: Driving Assist and Active Safety Assist. Driving Assist includes user-activated tools like Highway Assist, Adaptive Cruise Control and Lane-Change Assistance. Active Safety Assist includes automatic features aimed at preventing accidents, such as lane safety, lighting adjustments, parking and reversing aids, and collision mitigation. RIVN carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. With the introduction of its second-generation R1 platform, Rivian has significantly upgraded RAP. The vehicles now use a revamped perception system and computing setup, including 55-megapixel cameras and onboard processing power exceeding 200 trillion operations per second. The platform's AI-driven design and vertically integrated hardware allow Rivian to efficiently collect and process high-quality, multi-modal sensor data, giving it a competitive edge in ADAS development. Other automakers like Toyota Motor Corporation TM and Waymo, a subsidiary of Alphabet Inc. GOOGL, and Tesla TSLA are also making progress on the development of their respective autonomous vehicle platforms. In April, Toyota and GOOGL's Waymo reached a preliminary agreement to explore a collaboration focused on the development of a new autonomous vehicle platform. Toyota and GOOGL's Waymo aim to combine their respective strengths to develop the platform. In parallel, the companies will explore how to leverage Waymo's autonomous technology and Toyota's vehicle expertise to enhance next-generation personally owned vehicles. Tesla's Full Self-Driving (FSD) system is a sophisticated driver-assistance technology designed to allow Tesla cars to navigate various driving conditions autonomously. FSD builds on Tesla's existing Autopilot features and is sold as an optional upgrade. The company has long been a leader in autonomous vehicle development. Tesla released its last major FSD update, v13, in December 2024. Rivian's Price Performance, Valuation and Estimates Rivian has outperformed the Zacks Automotive-Domestic industry year-to-date. RIVN shares have gained 4.6% against the industry's decline of 18.3%. YTD Price Performance From a valuation perspective, Rivian appears undervalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 2.47, lower than its industry's 2.64. EPS Estimates Revision The Zacks Consensus Estimate for 2025 and 2026 EPS has moved down 3 cents and up 2 cents, respectively, in the past 30 days. Image Source: Zacks Investment Research 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Rivian Automotive, Inc. (RIVN): Free Stock Analysis Report This article originally published on Zacks Investment Research (
Yahoo
25-02-2025
- Automotive
- Yahoo
Rivian Claims 'Hands-Off' Driving Is Coming Soon
Driver-assist systems are the hot new way to justify texting behind the wheel, and it seems like every manufacturer is racing to offer the best way to stop paying so much attention to this whole "operating a motor vehicle" thing. The highest-level systems now allow some degree of hands-free driving, and Rivian wants in on that territory: The company's CEO announced that "hands-off" driving would be coming "within the next several weeks." The announcement came on an investor call, according to Autoblog, where CEO R.J. Scaringe claimed that both the hands-off system and a more advanced "eyes-off" system would be coming soon. While the latter is reserved for updated R1 models with more advanced sensors, the former seems to be open to all existing trucks per Autoblog: "We have a hands-off highway feature that we're going to be launching here very soon, within the next several weeks," Scaringe said. Beyond the upcoming hands-free system, Rivian is working on an even more advanced driver assistance feature that will allow for eyes-off driving on highways by 2026. Scaringe explained that this next evolution will be built upon the new Rivian Autonomy Platform currently found in second-generation R1T and R1S models, which features upgraded computing power and an improved sensor array. "We have an eyes-off feature that we're going to be launching for highway functionality in 2026," Scaringe said, noting that Rivian intends to expand the system's capabilities beyond highways over time. Read more: 2024 Toyota Tacoma Hybrid Blows Away Every Truck In Its Segment Adding hands-free driving to existing models is an odd move from Rivian, given that the company removed driver-facing cameras from its vehicles in 2023. Rivian claimed at the time that other cameras and sensors within the R1 models could make up the deficit, but that was before it started promising hands-off driving. These systems often rely on tracking the driver's head, to see where they're looking, which gets a lot harder without a camera to look through. Rivian's existing Highway Assist feature is already geofenced to "select highways," and the hands-off system promises the same limitations. It's not yet clear whether the hands-off update will be an upgrade to Highway Assist or its own separate feature within the company's Driver+ suite. What is clear, though, is that Rivian could use the valuation bump that comes from adding new tech to its cars. The company has always been better at designing and building great vehicles than it has been at selling them, and at such a trepidatious time for the EV industry Rivian certainly could benefit from an influx of tech investor cash. Read the original article on Jalopnik.
Yahoo
25-02-2025
- Automotive
- Yahoo
Rivian to launch hands-free driving in weeks, CEO says
Rivian is preparing to introduce a hands-free driver-assistance system to its vehicles in the coming weeks, according to CEO R.J. Scaringe. Speaking during the company's fourth-quarter earnings call, Scaringe confirmed that the system will debut on the R1T pickup and R1S SUV, marking a significant step forward for the EV startup's autonomy ambitions. 'We have a hands-off highway feature that we're going to be launching here very soon, within the next several weeks,' Scaringe said. The move will put Rivian in direct competition with Ford's BlueCruise and General Motors's Super Cruise, both of which allow hands-free driving under specific conditions on pre-mapped the upcoming hands-free system, Rivian is working on an even more advanced driver assistance feature that will allow for eyes-off driving on highways by 2026. Scaringe explained that this next evolution will be built upon the new Rivian Autonomy Platform currently found in second-generation R1T and R1S models, which features upgraded computing power and an improved sensor array. 'We have an eyes-off feature that we're going to be launching for highway functionality in 2026,' Scaringe said, noting that Rivian intends to expand the system's capabilities beyond highways over time. Currently, Rivian vehicles come equipped with adaptive cruise control and lane-centering technology, which assist with steering, acceleration, and braking but still require driver supervision. The upcoming hands-free and future eyes-off systems will further automate the driving experience while maintaining necessary safety upcoming hands-free driving technology places it among the leading automakers in the advanced driver assistance space. Ford's BlueCruise and GM's Super Cruise already provide similar hands-free highway driving capabilities, while Tesla's Full Self-Driving (FSD) remains one of the leaders in autonomous driving technology. However, true eyes-off driving — classified as Level 3 automation — is far less common. Currently, Mercedes-Benz's Drive Pilot is the only such system approved for use in the U.S., and it is limited to low-speed highway driving in select locations. The announcement of Rivian's hands-free system comes at a crucial time for the company. Despite posting its first-ever gross profit in Q4 2024, Rivian's stock has struggled due to mixed analyst opinions and concerns over shifting government policies. A recent downgrade from Bank of America, coupled with fears over potential changes to federal EV funding under the Trump administration, has weighed on investor confidence. The company's stock has dropped roughly 12% since its earnings report on Feb. 20. Nevertheless, Rivian remains a key player in the EV market, with plans to introduce its more affordable R2 SUV in 2026. As it navigates economic and regulatory challenges, the company's continued investment in autonomy could provide a competitive push into hands-free and eventually eyes-off driving marks a major milestone for the EV startup. By bringing its driver-assistance technology closer to industry leaders like Ford, GM, and Mercedes-Benz, the company is signaling its long-term commitment to innovation. However, the road ahead remains uncertain. While advancements in autonomy could enhance Rivian's appeal, external pressures — ranging from shifting government policies to market competition — may pose challenges. Ultimately, the success of these new features will depend not just on their capabilities but also on how well Rivian can navigate the broader EV landscape. Love reading Autoblog? Sign up for our weekly newsletter to get exclusive articles, insider insights, and the latest updates delivered right to your inbox. Click here to sign up now!
Yahoo
06-02-2025
- Automotive
- Yahoo
Rivian adopts AI-powered, sensor-rich strategy for self-driving tech in bid to catch Tesla
SAN FRANCISCO — Rivian Automotive is not sitting still in the race to develop automated driving features and catch up to industry leader Tesla, CEO RJ Scaringe says. The California automaker is leveraging its second-generation vehicle platform, along with software gains from artificial intelligence, to rapidly improve driver-assist features on the R1T pickup and R1S crossover. Rivian has one potential advantage over Tesla: It's willing to spend the money for high-tech sensors, such as radar and lidar, that could help close the gap with Tesla's camera-only approach to hardware. 'As competition in this space evolves, I think you are going to see [automakers] with more sensors,' Scaringe said at Rivian's showroom here in late January. 'One of the areas where we are different than Tesla — we've put more sensors in the vehicle, recognizing that is a way to catch up to what they've built using a camera-only system.' Rivian is benefiting from massive changes in Silicon Valley over the last few years, Scaringe said. The emergence of AI allows software to progress more quickly. And Rivian's new in-vehicle computers come from industry leader Nvidia, with a big boost in processing power starting with the 2025 model year. Sign up for the weekly Automotive News Mobility Report newsletter for the latest developments at the intersection of transportation and technology. 'Gen one is going to get slightly better over time,' Scaringe said regarding driver assistance. 'Gen two is going to be wildly better a year from now versus what it is today because of how the system is built.' Rivian's first-generation system covers its 2022-24 model vehicles. To be sure, Rivian is behind Tesla and several legacy automakers in driver-assist features, including General Motors with its Super Cruise system, which allows for highway driving with hands off the wheel and eyes on the road. But Scaringe sees a pathway to catch up. This year, Rivian will offer hands-free highway driving that, like Super Cruise, is considered a Level 2 system by SAE International. Level 2 requires the driver to be in control at all times. Next year, Rivian plans to release a Level 3 system that allows a driver to disengage from driving duties under certain circumstances. 'Level 3 is your hands are off the wheel, your eyes are off the road,' Scaringe said. 'But you are in the driver's seat and available to be asked to retake control of the vehicle should a situation become highly complex.' The electric vehicle maker's second-generation models have 11 cameras and five radars as part of the Rivian Autonomy Platform, the company says on its website. To eventually reach full autonomy with no driver in the future, Rivian will likely need to add lidar to its sensor suite, Scaringe said. 'I think Level 4 will require more sensors than cameras and radar,' he said. The price of lidar units has fallen in recent years to just a few hundred dollars, making it feasible now to add to mass-produced vehicles. Commercial robotaxi provider Waymo uses lidar, which is formally known as Light Detection and Ranging, on its Level 4 vehicles. Scaringe acknowledged that Rivian has a long way to go to catch Tesla, which has years of driving data to train its self-driving software. 'Tesla has done an amazing job. They're going to continue to lead here. We're rapidly building out our dataset and rapidly building out our approach to this,' he said. Tesla plans to launch a fully autonomous robotaxi service this summer in Austin, Texas, CEO Elon Musk said in January. To do so, its current Level 2 driver-assist software, called Full-Self Driving (Supervised), will need to improve to 'unsupervised' status as a Level 4 system. Musk has said lidar and radar are unnecessary for autonomy, and they add cost and complexity. Rivian is also playing catch-up to Mercedes-Benz, which offers a Level 3 system it calls Drive Pilot in the U.S. Drive Pilot can be used in limited circumstances under 40 mph, according to the automaker. Some independent testing organizations, such as Consumer Reports, rate the Mercedes-Benz and GM systems ahead of Tesla's. Rivian's goal in the next few years is to have driving aids that allow customers to 'take back' their time by being able to disengage under most circumstances, first on highways and later on city streets, which is more complex, Scaringe said. 'You can be on your phone, writing emails, not have to be looking at the road, not having to grab the [steering] wheel,' Scaringe said. 'And that's absolutely on the road map, something that we're hyperfocused on.'
