Rivian Spinoff Also Enters E-Cargo Bike Market

Also, spun from electric vehicle maker Rivian, has unveiled a suite of pedal-assisted cargo bikes designed for urban last-mile delivery. The TM-B platform features belt drive, full suspension, and removable batteries optimized for fleet operations while maintaining bike lane compatibility. Also becomes the first major automotive spinoff targeting the commercial micromobility segment, where competitors like Rad Power Bikes and Urban Arrow have established footholds. The move targets logistics demand intensified by e-commerce and regulatory pressure on diesel delivery vehicles in dense cities.