Rivian (RIVN) spin off ‘Also’ is a new micromobility EV startup for e-bikes, scooters, and more

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, Inc. The new brand will focus on lightweight vehicles like electric scooters, bikes, and more. Here’s what we know about Rivian’s new startup so far.