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 ...

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 ...

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 ...

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 ...

Rivian spin-off Also reveals it will make lightweight electric vehicles Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive with $105 ...

Now, however, EV upstart Rivian says it's actually doing it. Today, executives announced the launch of Also, a new "electric ... doing a kid drop-off, etc.," Yu said. According to a 2024 ...

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 also noted that its R2 platform is set to begin production in the first half of 2026. “This quarter we hit our second consecutive gross profit and our highest gross profit to date at $206 ...

Rivian is currently building a second U.S. plant in Georgia. Rivian’s stock increased from $13.19 on Monday to $13.83 at the end of Friday trading following reports of its strategic response to ...

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 as ...