rivian Archives

Rivian Spinoff Also Raises $200 Million to Expand Micro-EV Offerings

By Arun Kumar on July 9, 2025 in Capsules, Startups, Transport, Uncategorized

Also Inc., a micromobility startup that was spun out of electric vehicle manufacturer Rivian earlier this year, has raised $200 million in funding from Greenoaks Capital, according to a report from Bloomberg News. This new funding round brings Also’s post-money valuation to $1 billion. This is not the first investment for the startup, which raised $105 million from Eclipse Ventures earlier this year when it was separated from Rivian. Also originated as a skunkworks team within Rivian[…]

Rivian’s 2026 Quad Motor Truck and SUV: The Tech Behind the Powerhouse EVs

By Rajat on in Capsules, Startups, Transport, Uncategorized

As Rivian begins accepting orders for its 2026 Quad Motor pickup truck and SUV, customers are likely to be drawn to the vehicles’ impressive power and capabilities. The four motors in these rebooted EVs deliver a combined 1,025 horsepower and 1,198 pound-feet of torque, allowing the vehicles to accelerate from 0-60 miles per hour in under 2.5 seconds. However, it’s not just the hardware that makes these vehicles stand out – the software plays a critical role[…]

Rivian Secures $1 Billion Investment from Volkswagen Amid Sales Challenges

By Tripti Gupta on July 2, 2025 in Capsules, Transport, Uncategorized

Electric vehicle startup Rivian has reached a significant milestone in its agreement with German automaker Volkswagen, securing $1 billion in funding through a share sale. This investment comes as Rivian faces sales challenges, having delivered 10,661 vehicles in the second quarter of 2025. This represents a 23% decline in sales compared to the same quarter in 2024. Although the figure shows a slight improvement over the company’s first quarter performance, when it delivered 8,640 EVs, Rivian has[…]

Rivian Lays Off 140 Employees to Streamline Manufacturing Ahead of R2 Launch

By Shubham on June 26, 2025 in Capsules, Startups, Transport, Uncategorized

Rivian, the electric vehicle manufacturer, has laid off around 140 employees, which represents approximately 1% of its workforce, as it prepares for the launch of its more affordable R2 SUV in 2026. The layoffs, which were mostly made to Rivian’s manufacturing team, have been ongoing since Wednesday, according to multiple former employees who wished to remain anonymous. The affected employees were informed that the company was eliminating roles that created “process inefficiencies.” Rivian confirmed the layoffs in[…]

Jony Ive’s LoveFrom Collaborates on Rivian’s Debut Electric Bike Design

By techcaps on June 7, 2025 in Capsules, Transport

LoveFrom, the design firm established by former Apple design chief Jony Ive, contributed significantly to the creation of Rivian’s first electric bike. For approximately 18 months, a select group of LoveFrom designers worked closely with Rivian’s design and engineering teams as part of a secretive skunkworks initiative led by Chris Yu, previously Specialized’s chief product and technology officer. The collaboration concluded in fall 2024, according to the sources. Both LoveFrom and Rivian declined to provide comments. The[…]