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Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive RIVN.O with $105 million in Series B funding from venture capital firm Eclipse and ...
Rivian, known for its large electric trucks, is setting its sights on small and lightweight vehicles. The Irvine-based automaker said Wednesday it’s spinning out its micromobility business into ...
Rivian is still on track to launch the midsize R2 next year. The expansion at its Normal, Illinois, plant is quickly advancing as it preps for R2 deliveries in 2026. Rivian says it’s “slightly ...
As TheStreet’s James Ochoa reports, Rivian CEO RJ Scaringe recently tried to copy Musk’s tactics as a means of stoking enthusiasm for its new EV models among fans, but it may be too little too ...
Rivian Automotive Inc. (NASDAQ: RIVN) stock rallied when the Trump administration announced 25% tariffs on autos and auto parts imported by U.S. car companies. Estimates of how much this will ...
Mario Tama / Getty Images Rivian Automotive announced a micromobility company that it has been secretly working on for several years. The new firm, called Also Inc., will focus on making small ...
After starting a “stealth program” years ago, Rivian’s (RIVN) new spin off will take on the micromobility space. Rivian spun out its micromobility business into a new EV startup called Also ...
Rivian stock is down 16% this year. Sales growth should return within 12 months. As an electric car stock, Rivian struggled in 2024 as the industry dealt with lower-than-expected sales growth. To ...
RJ Scaringe, chief executive officer and founder of Rivian Automotive Inc., on the pilot production line at the company's headquarters in Irvine. (Alisha Jucevic / Bloomberg via Getty Images ...
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 ...
Rivian Automotive (NASDAQ:RIVN) announced on Wednesday that it has spun off its micromobility division into a new company called Also Inc. The new company will focus on developing small ...
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