Rivian acquires route planning app maker Iternio - CEO

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Rivian acquires route planning app maker Iternio - CEO
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SAN FRANCISCO : Rivian has acquired Swedish EV route planning app maker Iternio to add its technology to its electric pickups and sport utility vehicles, as well use its data to better expand its own charging network, its CEO told Reuters on Wednesday.Rivian CEO RJ Scaringe did not disclose the value of t

SAN FRANCISCO : Rivian has acquired Swedish EV route planning app maker Iternio to add its technology to its electric pickups and sport utility vehicles, as well use its data to better expand its own charging network, its CEO told Reuters on Wednesday.

This comes after Reuters reported first on Tuesday on Rivian's plan to adopt Tesla's charging standard for its vehicles as well as its own small fast-charging network, which will give customers access to the biggest U.S. charging network and Rivian a significant revenue stream from Tesla users. Scaringe said Rivian would invest in improving and growing ABRP as a stand-alone app for users of other EVs and integrate Iternio's technology into its mobile app and in-vehicle navigation system.

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