RIVN · Rivian Automotive, Inc.

Rivian Automotive Inc RIVN

Designs, manufactures, and sells electric pickup trucks, SUVs, and commercial delivery vans.

Industry
Automobiles
Listed on
Nasdaq NMS
IPO
2021-11-10
Website
rivian.com

Daily brief

Rivian recalls nearly 99,000 vehicles over rearview camera glitch

-0.79% to $15.02 from $15.14

What moved RIVN

  • Rivian recalled 98,828 vehicles in the US, including 34,088 R1Ts from model years 2022-2026, 62,259 R1S SUVs from 2022-2027, and 2,481 R2s from model year 2027.
  • The company said a safety-alert prompt can overlap the rearview camera image after the vehicle is shifted into reverse, warning that a rear-view image that fails to display could increase crash risk.
  • Rivian said a software fix is already available via an over-the-air update, with more than 95% of affected vehicles already running the corrected software.

Sources: KFGO · Riviantrackr

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