News

Rivian spinoff Also raises another $200M to build e-bikes and more
Now established as its own company, Also plans to make micro-EVs of all shapes and sizes and is supposed to reveal the first ...
Rivian’s Tiny EV Spinoff Is Already Worth $1 Billion Before Selling A Single Product
Before launching Also Inc, Rivian had already been developing an e-bike in-house ...
Benzinga.com4d
Rivian Spinoff Also Inc. Hits $1 Billion Valuation After Raising $200 Million: Report
Also Inc., a micromobility company spun off from Rivian Automotive Inc. RIVN, has raised $200 million in funding, taking its ...
Crain's Chicago Business5d
Rivian's micro-EV spinoff valued at $1 billion
A Rivian Automotive Inc.-backed startup developing small electric vehicles was valued at $1 billion in a new investment from ...
The Pantagraph5d
Rivian to lay off 10% of salaried workers, with some impact to Normal plant
Rivian, which has more than 8,000 workers at its manufacturing facility in Normal, will lay off approximately 10% of its salaried employees along with a “limited number” nonmanufacturing ...