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Also, a Rivian EV spinoff, wants us to β€œmove beyond cars”

There's a new "exciting, small EV" on the way, to be launched early next year by Also, a spinoff of the electric vehicle maker Rivian. Details are light on exactly what that product will be, but don't go expecting a $20,000 electric hatchback or the likeβ€”think more like an e-bike. Also will be into micromobility, not competing with Mini or Smart.

Also started out as an internal project to see if Rivian could use its knowledge of electric powertrains, vehicle electronics, and software to build other "small vehicle form factors." In fact, in 2023, news broke of a Rivian e-bike in the works at Rivian, although it was unclear if it would be something with pedals or more like an electric motorcycle.

Things are still rather vague. Also's announcement says its "flagship product" will launch in early 2026 and that the company will focus on the US and Europe at first. It will build "an exciting range of electric vehicles that are efficient, sustainable, and delightful to use," using in-house technology.

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Rivian spins out a new micromobility startup called Also with $105M from Eclipse

Before RJ Scaringe founded Rivian in 2009, he had micromobility on his mind. More than a decade later, his musings took root in a small skunkworks program inside Rivian that set out to answer one question:Β Could the company’s technology be condensed down into something smaller and more affordable than its electric vans, trucks, and SUVs? […]

Shared scooter startup Voi reports its first profitable year as it explores an IPO

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Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch.Β  Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted basis, Voi earned €17.2 million […]

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