Rivian spinoff Also to start delivering e-bikes after months of delays
Also has big plans beyond the TM-B. The startup mostly refers to itself as a “vehicle” company, and has plans to make four-wheel pedal-assist cargo vehicles for Amazon.
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RJ Scaringe has raised more than $12B across three startups and investors still want more
Investors can’t seem to get enough of RJ Scaringe or his ideas. Storytelling and communication are one of his superpowers, according to Jiten Behl, who joined Rivian when the company had just a handful of employees.
Rivian spinoff Also will build autonomous delivery vehicles for DoorDash
DoorDash joins Greenoaks Capital in another $200 million funding round for Also, bringing its total funding to more than $500 million.
Amazon will buy thousands of pedal-assist cargo vehicles from Rivian spinoff Also
The pedal-assist cargo quad vehicles are narrow delivery vans that can operate in a bike lane.
Rivian spinoff Also reveals a high-end modular e-bike for $4,500
The first in a lineup of new vehicles from Also, which started as a skunkworks project inside of Rivian a few years ago.
Rivian spinoff Also raises another $200M to build e-bikes and more
Also, the micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital.