Also, a Rivian spinoff, launches $4,500 electric bike

A Rivian mobility spinoff, Also, has unveiled its first product, an electric bike priced up to $4,500. The Class 3 e-bike, named TM-B, will launch in spring 2026 with pedal assistance up to 28 mph. A standard model under $4,000 will follow. Also was spun out from Rivian in March 2025 with $105 million in funding and aims to expand Rivian's electrification efforts into micromobility.