Rivian's spins out secret e-bike lab into a new company called Also [Verge, The]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Verge, The
The deal includes $105 million in Series B funding from venture capital firm Eclipse and will focus on the development and production of lightweight electric vehicles like bikes and scooters. “For the world to fully transition to electrified transportation, a range of vehicle types and form factors will be needed,” said Rivian Founder and CEO RJ Scaringe in a statement. “I am extremely excited about the innovations developed by the Also team that will underpin a range of highly compelling micromobility products that will help define new categories.” Rivian says its started a “stealth program” focused on micromobility several years ago , recognizing “a massive need” for more smaller, light-weight electric vehicles like bikes and scooters. It couldn't have been that stealth, considering Scaringe was on stage at Tech Disrupt in 2023 talking about his interest in “multimodal” transportation, including e-bikes. The company has also filed a trademark for e-bikes and scooters, signaling
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RIVN
News
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- Can RIVN Stock Beat the Market in 2026? [Yahoo! Finance]Yahoo! Finance
- Rivian Automotive (NASDAQ:RIVN) had its price target raised by analysts at Wedbush from $16.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- Rivian Automotive (NASDAQ:RIVN) was upgraded by analysts at Baird R W from a "hold" rating to a "strong-buy" rating.MarketBeat
- US Stock Market Today: S&P 500 Futures Rise amid Global Rate Hikes, Cooling Inflation [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 11/4/25 - Miss
RIVN
Sec Filings
- 12/18/25 - Form 144/A
- 12/17/25 - Form 4
- 12/15/25 - Form 144
- RIVN's page on the SEC website