House committee approves bill requiring new cars to have AM radio [Verge, The]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Verge, The
Share this story The House Energy and Commerce Committee approved a bill Wednesday requiring new cars to have AM radio, which was introduced in response to an increasing number of vehicles coming out without the first-generation radio broadcast technology . The bill passed the committee on a roll-call vote of 45-2, and now heads to the full House for final approval. The bill, titled the AM for Every Vehicle Act , would direct the National Highway Traffic Safety Administration (NHTSA) to issue a rule that “requires automakers to maintain AM broadcast radio in their vehicles without a separate or additional payment, fee, or surcharge.” Supporters say they are pushing the bill out of a concern that the slow demise of AM radio could make it more difficult to broadcast emergency information during a natural disaster or other related events. Conservatives are also worried about losing a lucrative platform for rightwing news and media. The slow demise of AM radio could make it more
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RIVN
Earnings
- 8/6/24 - Miss
RIVN
Sec Filings
- 9/16/24 - Form 4
- 9/12/24 - Form 144
- 8/19/24 - Form 4
- RIVN's page on the SEC website