Hello to all you technology enthusiasts! Today, we’re diving into an exciting new chapter in the world of mobility.

Rivian, known for its innovative electric vehicles, is stepping into the micromobility arena with a fresh startup called Also, boosted by a whopping $105 million in backing from Eclipse Ventures. This venture is born from a skunkworks program, where a small team envisioned a new way to harness Rivian’s technology into smaller, affordable alternatives to traditional electric vans and SUVs.

Under the leadership of RJ Scaringe, Rivian’s original founder, this new company isn’t just aimed at consumers; it’s looking to address commercial needs as well. The goal? To create high-quality micromobility options without the hefty price tag that often accompanies such innovations.

With a talented team of around 70 individuals hailing from industry giants like Apple and Tesla, Also aims to produce its first vehicle for consumers in both the U.S. and Europe by next year. There’s a buzz about what this vehicle will look like, but it’s hinted to have a bike-like form with a distinct yet practical design.

Scaringe’s vision reflects a growing awareness that cities need smaller vehicles to navigate increasingly crowded urban environments. Many conventional e-bikes are very pricey, often ranging from $6,000 to over $10,000, a situation Scaringe aims to rectify.

As Also gears up for this ambitious launch, the excitement mounts not just for potential consumers, but for the broader implications in urban mobility. Can this new tech deliver convenience while addressing real-world transportation challenges? Stay tuned to find out!