Rivian Spins Out Micromobility Business Into New Startup Also, Inc.
ReutersMar 26, 2025 1:22 PM
March 26 (Reuters) - Rivian Automotive Inc RIVN.O:
RIVIAN SPINS OUT MICROMOBILITY BUSINESS INTO NEW STARTUP—ALSO, INC.
RIVIAN AUTOMOTIVE INC - RETAINS MINORITY OWNERSHIP STAKE IN ALSO
RIVIAN AUTOMOTIVE INC - ALSO SECURES $105 MILLION INVESTMENT FROM ECLIPSE VENTURES
RIVIAN AUTOMOTIVE INC - EXPECTS R2 DELIVERIES IN FIRST HALF OF 2026
RIVIAN AUTOMOTIVE INC - CEO RJ SCARINGE TO SERVE AS CHAIRMAN OF ALSO'S BOARD
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