Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Rivian partners with SiriusXM to bring satellite radio to R1T and R1S

Published 12/05/2023, 02:25 PM
Updated 12/05/2023, 02:27 PM
© Reuters.  Rivian (RIVN) partners with SiriusXM (SIRI) to bring satellite radio to R1T and R1S

Rivian Automotive (NASDAQ:RIVN) has secured a major agreement with SiriusXM (SIRI), introducing the audio system to the R1T and R1S electric vehicles from 2024 onwards.

The partnership between Rivian and SiriusXM was unveiled on Monday.

SiriusXM's radio platform will be seamlessly integrated into Rivian’s vehicle software, providing easy-to-use and intuitive control for users.

Additionally, all Rivian owners will receive a complimentary three-month trial of SiriusXM's extensive audio entertainment package as part of this agreement.

“Rivian is a disruptor in the automotive industry and has an exceptional lineup of software-forward electric vehicles that deliver to their owners a truly tailored experience in a variety of different ways,” said SiriusXM CCO, Joe Verbrugge.

“We are excited to launch SiriusXM with Rivian and to meet listeners everywhere they are and everywhere they want to go.”

After Rivian's announcement, the responses from owners are divided regarding the partnership. Some advocate for Rivian to prioritize integrating Apple CarPlay, a highly sought-after feature across various car brands that hasn't been incorporated into their vehicles yet.

Others express enthusiasm for the new feature, highlighting its ease of integration through an OTA (Over-The-Air) update. They appreciate the seamless integration of the software directly into the vehicle, foreseeing its user-friendly nature once implemented.

“At Rivian, we’re committed to enhancing the driving experience and evolving our vehicles over time through software updates,” added Rivian Sr. Vice President, Wassym Bensaid.

“We collaborated with SiriusXM on a digital integration that provides a seamless user experience and will be available to owners with a simple over-the-air update.”

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares of RIVN and SIRI are down 2.11% and 1.50%, respectively in afternoon trading on Tuesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.