Rivian said the startup secured a $105 million investment from the venture capital firm Eclipse as part of the spin-off. Also will announce more about its products soon, the company said ...

Also received a $105M investment to expand its micromobility vehicle development efforts. Rivian has a lot on their plate, but that hasn’t stopped them from creating a new spin off. Known as ...

(RTTNews) - Rivian (RIVN) said it has spun out micromobility business into a new company: Also, Inc. Also will focus on small, lightweight vehicles that are designed to meet the global mobility ...

That's exactly what happened when Rivian Automotive (NASDAQ: RIVN) announced it would spin off its micromobility unit into a new company: Also Inc. To say Rivian's spinoff announcement on March 26 ...

In connection with the spin-off, Also secured a $105 million investment from the venture capital fund, Eclipse Ventures, which will support Also’s next phase of growth. Rivian Founder and CEO RJ ...

Rivian Automotive experienced a significant month with a 11% share price increase, coinciding with the strategic spinout of its micromobility business, Also, Inc., where CEO RJ Scaringe will serve ...

Rivian's valuation moved higher today following news that the company is spinning off Also -- its EV micromobility business. The stock also got a boost from recent analysis that Rivian could ...

Their recent spin-off of Rivian’s micromobility division into Also Inc. (with a $105 million external investment) has helped streamline operations. The company is getting lean and aggressive.

The world will probably never find out. Following the election, but before Trump announced the tariffs he campaigned on, Rivian also reportedly imported "a large amount of battery inventory" from ...

Rivian is also said to be pursuing similar deals for ... the company’s big bet on batteries is paying off.