Financial News

Rivian Modifies R1 EV Models

Recently, Rivian Automotive Inc. (NASDAQ: RIVN) announced major changes to the RI models to take proactive measures to make customers happy by improving the vehicles’ performance. As other budding EV companies are expanding their catalog with new models, California-based Rivian is focused on upgrading its current models. The company has announced numerous changes to the batteries and electrical components, which the company describes as the brains of the two vehicles.

The innovative electric vehicle (EV) manufacturer known for its R1T truck and R1S SUV sought the help of Nvidia chips to improve the computing power of its R1 pickup and SUV models, the…

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