Rivian creates new micromobility company called Also, Inc.

Rivian has officially separated its micromobility division into a standalone company named Also, Inc. The newly formed company will focus on producing small, lightweight electric vehicles intended to address global transportation needs.

The initiative began as a confidential internal program at Rivian several years ago, examining the application of its expertise in software, electronics, and electric propulsion to the micromobility sector. The goal was to create a product with a lower cost structure and improved performance compared to existing options. As development progressed, Rivian determined the concept warranted its own entity due to differences in products, branding, and market strategy.

Rivian will maintain a minority ownership stake in Also and may collaborate with the new company in the future. Potential cooperation could include access to Rivian’s retail locations. Also has secured $105 million in funding from Eclipse Ventures to support its operations. Rivian CEO RJ Scaringe will serve as Chairman of the Board at Also.

The company has not disclosed product details but indicated that further information will be shared at a later time. Meanwhile, Rivian continues to prepare for the launch of its R2 midsize SUV at its Normal, Illinois facility, with customer deliveries expected in the first half of 2026.