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Rivian Launches $105M Micromobility Startup for Electric Vehicles

3/26/2025

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Summary

Story summary

Rivian has launched Also, Inc., a micromobility startup focused on electric scooters, bikes, and three-wheelers.
The startup secured $105 million in funding, aiming to unveil its first product by fall 2023.
Deliveries are expected to begin in the U.S. and Europe by 2026.
Rivian holds a minority stake in Also, leveraging its technology and supply chain.
The startup plans to expand into Asia and South America, targeting consumer and commercial markets.

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Story summary

Rivian has launched Also, Inc., a micromobility startup focused on electric scooters, bikes, and three-wheelers.
The startup secured $105 million in funding, aiming to unveil its first product by fall 2023.
Deliveries are expected to begin in the U.S. and Europe by 2026.
Rivian holds a minority stake in Also, leveraging its technology and supply chain.
The startup plans to expand into Asia and South America, targeting consumer and commercial markets.