Rivian will release supervised self-driving later this year, with hands-free, eyes-off driving expected to come in 2027, CEO RJ Scaringe said.

Rivian CEO RJ Scaringe announces plans for unsupervised driving in 2022, with longer-term goal of true driverless operation.

Rivian Automotive shares are up in Monday's premarket on CEO autonomy commentary and risk-on tone with S&P 500 futures up over 1%.