Rivian surged 15.1% in early Friday trading, after the company launched a self-developed RAP1 chip architecture), autonomous driving hardware equipped with lidar, and a paid Autonomy + program. The goal is to achieve “hands-off driving” on 3.5 million miles of roads, and targets the long-term vision of L4 autonomous driving and driverless taxis.

Rivian surged 15.1% in early Friday trading, after the company launched a self-developed RAP1 chip architecture), autonomous driving hardware equipped with lidar, and a paid Autonomy + program. The goal is to achieve “hands-off driving” on 3.5 million miles of roads, and targets the long-term vision of L4 autonomous driving and driverless taxis.