SAN FRANCISCO – Rivian has acquired Swedish EV route planning app maker Iternio so as to add its expertise to its electrical pickups and sport utility automobiles, as properly use its information to higher increase its personal charging community, its CEO instructed Reuters on Wednesday.
Rivian CEO RJ Scaringe didn’t disclose the worth of the deal however mentioned it was closed within the first quarter.
This comes after Reuters reported first on Tuesday on Rivian’s plan to undertake Tesla’s charging commonplace for its automobiles in addition to its personal small fast-charging community, giving prospects entry to the most important U.S. charging community and Rivian a big income stream from Tesla customers.
Iternio’s app – known as A Higher Routeplanner (ABRP) and well-liked with EV house owners in North America and Europe – gives route calculation companies that take into consideration climate situations, charging stops, automobile weight and different components.