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Rivian shares rise as CEO maps supervised driving rollout for 2024 and robotaxi goal for 2027

Rivian CEO RJ Scaringe laid out an aggressive autonomy roadmap, including supervised point-to-point driving planned for later in 2024 and an unsupervised mode targeted for 2025. He also pointed to robotaxis as a potential business model, with a Tesla-like robotaxi experience aimed for 2027 and an Uber Technologies partnership for distribution. Separately, Rivian outlined its R2 platform ramp and volume plans, including a midsize SUV in 2026 and pricing that steps down to $48,490. Shares were up 1.31% at $16.99 in premarket trading on Monday, according to Benzinga Pro data.
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