BRIEF-Rivian Spins Out Micromobility Business Into New Startup Also, Inc.

Reuters
26 Mar
BRIEF-Rivian Spins Out Micromobility Business Into New Startup Also, Inc.

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

Source text: ID:nBw8Lj9h9a

Further company coverage: RIVN.O

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10