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Rivian Launches Micromobility Brand - News Directory 3

Rivian Launches Micromobility Brand

April 6, 2025 Catherine Williams News
News Context
At a glance
  • DETROIT, April 6, 2025 – Electric vehicle manufacturer Rivian is expanding its reach, venturing into the micromobility market with⁢ a new startup ⁢called "Also." The company will focus...
  • Rivian's move signals a strategic shift toward catering⁢ to a broader range of transportation needs.While Rivian initially gained recognition for its larger ⁢electric pickup trucks and ⁤SUVs,‍ the...
  • "So that the world can transition to a‍ fully electric transport, it will⁣ be necessary to use a ⁢range of vehicle types and formats," Rivian CEO RJ Scaringe...
Original source: caranddriver.com

Rivian Drives into Micromobility with⁢ Spinoff Startup, ‘Also’

DETROIT, April 6, 2025 – Electric vehicle manufacturer Rivian is expanding its reach, venturing into the micromobility market with⁢ a new startup ⁢called “Also.” The company will focus on‍ designing and producing ⁤small, lightweight electric vehicles, including e-bikes and scooters.

Also Aims to Redefine Micromobility

Rivian’s move signals a strategic shift toward catering⁢ to a broader range of transportation needs.While Rivian initially gained recognition for its larger ⁢electric pickup trucks and ⁤SUVs,‍ the company recognizes ⁣the growing ‍importance of‍ smaller, more agile electric vehicles in urban environments.

“So that the world can transition to a‍ fully electric transport, it will⁣ be necessary to use a ⁢range of vehicle types and formats,” Rivian CEO RJ Scaringe said in a statement.

$105 Million Investment Fuels Growth

Also has secured ⁤$105 million in funding from Eclipse Ventures, which the⁢ company says will support⁢ its⁣ growth and development of new micromobility solutions. The startup⁤ plans to unveil its initial vehicle designs in the coming months, with a ⁣targeted launch in the United States by 2026.

Beyond E-Bikes: Exploring ⁢New Vehicle Formats

While electric bicycles ⁣are expected⁤ to be a key part of Also’s product lineup, ‍the company‍ is also exploring other vehicle formats, including electric scooters. This suggests a ⁢broader vision for addressing⁣ diverse transportation needs ‍and preferences.

Rivian believes its expertise in⁢ electric propulsion, software, and electronics positions Also ‍to⁤ innovate and challenge existing ⁤conventions within the micromobility industry.

Leadership and Vision

⁢ Scaringe will serve on the board of directors‍ of Also. “I am very excited about the innovations that the Also team has developed, and that will be the basis of a range⁣ of ⁣highly satisfactory mobility products, which will redefine their ⁤respective categories,” ‍scaringe said.

Commercial Opportunities

⁤ The move‍ into micromobility could open new commercial avenues for Rivian,potentially expanding its reach into areas such as food and⁣ home product ⁢delivery services.
‍

Rivian Drives into Micromobility with Spinoff Startup, ‘Also’ – Your Questions ⁢Answered

Welcome! This⁤ article dives into Rivian’s exciting move into the micromobility market. We’ll cover everything you ‍need to know about ‘Also’, the new startup, and what it means for⁣ the future of transportation, all based on ⁣the provided source material.

What is ‘Also’, and what is its connection to Rivian?

Also, Inc. is a new startup spun out from ⁢Rivian,the well-known⁣ electric vehicle manufacturer. The focus of Also ⁣ is on designing and producing small, lightweight electric vehicles,⁣ with an initial emphasis on‍ e-bikes and scooters. The ⁣article clearly states that Also emerged from Rivian.

Why⁢ did Rivian create ‘Also’?

Rivian is expanding its reach to cater to a broader range of transportation needs.⁢ While known for larger electric vehicles like trucks⁤ and⁣ SUVs,Rivian recognizes the growing importance of smaller,more agile electric vehicles,especially in urban environments. This ‍expansion is ⁤a strategic move to capture a larger share of the electric vehicle market.

What types of vehicles will ‘Also’ produce?

‘Also’ will primarily focus on micromobility ‍solutions, including:

Electric Bicycles (e-bikes): Expected‍ to be a key part of the ⁣product lineup.

Electric Scooters: ⁢’also’ is exploring this vehicle format as well.

Where does the funding for ‘Also’ come from?

‘Also’ has secured $105 million in⁤ funding from Eclipse ⁢Ventures. ‍This investment will ⁣support‍ the company’s growth and the development of its micromobility solutions.

What are the potential advantages of ⁣Rivian’s experience in this ⁣new⁢ market?

Rivian believes its existing expertise in key areas will be beneficial to ‘Also’, positioning ‘Also’ to innovate and challenge existing approaches to⁣ micromobility.⁢ Those⁣ areas of expertise include:

Electric ⁤Propulsion: Experience designing and implementing electric ⁤vehicle powertrains.

Software: Knowledge of vehicle software and connected services.

Electronics: Proven ability in electronics design and manufacturing.

What is Rivian’s CEO, RJ Scaringe’s, role in ‘Also’?

RJ Scaringe, the CEO of Rivian, will⁤ serve on the board ‍of directors of ‘Also’. He⁢ expresses excitement about the startup’s ⁣innovations and the potential to redefine vehicle categories.

What⁢ are the commercial opportunities for ‘Also’ and ⁣Rivian?

The move into micromobility could open ⁣new commercial avenues for‍ Rivian. Potential opportunities include expanding into areas like:

Food Delivery Services: ‘Also’ ⁤vehicles ⁤could be ⁢used for more efficient delivery.

*⁤ Home Product Delivery Services: ⁣ Similar to food ⁤delivery,supporting the delivery of home products within urban areas ⁤and potentially suburban ones.

When can we expect to see ⁤’Also’ vehicles‍ on the road?

‘Also’ plans to unveil its initial vehicle ⁣designs ⁢in the coming months, with a targeted launch in the United States by 2026.

In Summary – Key Facts About ‘Also’

| Feature ⁢ ‍ | Details ‍ ⁤ ⁤ ⁣ ⁣ ⁢ ‍⁤ ⁢ |

| ——————— | —————————————————————————- |

| Parent Company |‍ Rivian ⁣ ⁤ ⁣ ⁣ ⁣ ⁤ ⁣ ‍ ⁢ ⁣ ⁤ |

| Focus | ‍Small, lightweight electric vehicles (e-bikes, scooters) ‍‍ |

| Funding ⁤⁤ |⁢ $105 million from ⁢Eclipse ventures ‍ ⁤ ⁣ ⁣ ⁢ ‍ ‍ ⁣ ⁤ |

| Leadership ⁣ ⁤ | RJ scaringe⁢ (Rivian CEO)⁣ on the board⁤ of directors ⁢ ‍ ⁤ ⁣ |

| Target Launch‍ Date ⁣ | ⁢2026 (in the United States) ⁢ ‍ ⁤ ‍ |

| Strategic Goal ⁢ ‍ | Cater⁤ to a broader range of transportation needs, notably in urban areas |

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