AI summary
Rivian’s spinoff of its electric bike brand, Also, tests whether the company can successfully manage a new venture while maintaining its core EV business.
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Rivian spinoff Also wants to reinvent the wheel — but first, it has to ship
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Chris Yu, president of Also, stands behind the TM-B electric bike at the company's headquarters in Palo Alto, California, in October 2025. | Photo: Jason Henry / Bloomberg via Getty Images When Rivian quietly spun off its micromobility brand, Also, a lot of observers wondered if the luxury EV maker had bitten off more than it can chew. Chris Yu insists that's not the case. Yu, a Stanford aeronautics PhD and former CTO at Specialized, runs the startup as an independent business that counts Rivian as a minority shareholder. Under his lead, Also rolled out the TM-B - a quirky, modular e-bike with a raft of unique features, including a swappable top frame, USB-C chargeable battery, a built-in screen, a series hybrid pedal-by-wire system, and proprietary "Dream Ride" software. There's also the TM-Q, an electric four-wheeler aimed … Read the full story at The Verge.
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