Also Launches E‑Bike Deliveries: Rivian’s New Spin‑off Hits the Market

Rivian’s new spin‑off Also is finally kicking off e‑bike deliveries after months of supply‑chain setbacks.

From Concept to Spin‑off: Also’s Strategic Leap

Born as a skunkworks project in 2022 under Rivian CEO RJ Scaringe, the venture secured $105 million from Eclipse in March 2025, becoming an independent company. Early design work was handed to Jony Ive’s LoveFrom studio, cementing a premium aesthetic.

Delivery Timeline and Market Outlook

The firm announced the TM‑B Launch Edition at a price of $4,500, targeting shipments between July 2025 and September 2025. Key milestones include:

■$4,500 price tag for the TM‑B Launch Edition

■$105 million backing from Eclipse

■Delivery window: July 2025 – September 2025

■Initial target of 1,000 units

Supply‑Chain Headwinds: Why the Delay?

Also attributes the postponement to a “global surge in demand for raw materials and electronic components,” stressing that production ramp‑up is being run 24/7 without compromising safety or quality.

Beyond the Bike: Cargo and Autonomous Vehicles

Looking past the TM‑B, Also aims to develop four‑wheel pedal‑assist cargo vehicles for Amazon and an autonomous delivery platform for DoorDash, expanding its definition of a “vehicle” beyond micro‑mobility.

Deniz Arslan – Venture Capital Partner & Entrepreneurship Mentor

The e‑bike launch positions Also favorably in the high‑price niche where competition is thin and brand cachet is strong, supporting near‑term margin preservation. However, ongoing supply‑chain volatility could strain cash flow and investor confidence. In the longer run, strategic alliances with Amazon and DoorDash serve as a critical catalyst for revenue diversification and scalable growth. Investors should monitor first‑quarter delivery performance closely and be ready to assess potential follow‑on financing opportunities.