Also begins e-bike deliveries after AI hardware demand disrupted supplies

Rivian Mobility Spinoff Readies $4,500 E-Bike As First Product

Image: Primary

Published Tuesday, November 3, 2026 · 8:25 AM EST

Rivian spinoff Also is shipping its early Launch Edition e-bikes after supply shortages delayed deliveries, The Verge reported. President Chris Yu said competition with AI server makers for components and circuit-board materials forced the company to qualify alternatives. Replacement capacitors and board materials required weeks of thermal, shock and vibration testing. Yu also said Also worked with UL to clarify certification requirements for its removable battery, which supports regenerative braking and USB-C charging at up to 240 watts, and is now fully UL certified. Standard and Performance versions have yet to follow, while some early customers have reported minor software problems.

Sources

The Verge

Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Verge and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Security

Have I Been Pwned confirms 850,500 accounts exposed in Harvard breach

Have I Been Pwned confirmed Tuesday that data leaked after Harvard University's November 2025 breach exposed 850,500 accounts, BleepingComputer reported.

Capital AI

October venture funding reaches $59 billion, with 66% going to AI

Global venture funding totaled $59 billion in October, up 45% from a year earlier, according to Crunchbase data. AI-driven companies captured 66% of the total, while seven companies raising billion-dollar rounds accounted for just over 40%.

Capital

Evertrue closes $17 million fund for early-stage European startups

Yvonne Bajela announced that Evertrue closed an oversubscribed $17 million first fund to invest in early-stage companies across the U.K. and Europe. The firm has already backed seven companies and will invest mainly in AI and fintech.

Capital

Robin Capital closes €15 million second fund for European startups

Berlin-based Robin Capital has closed its second €15 million fund, bringing commitments across its two early-stage funds to €30 million, EU-Startups reported.

Products

Turkey's wealth fund buys Togg stakes at $900 million valuation

Turkey's sovereign wealth fund is buying stakes in electric carmaker Togg from two of its original investors, Bloomberg reported.

Capital AI

Conlio announces €6.4 million fundraise for European expansion

German freight software company Conlio announced a €6.4 million fundraise to expand its financial automation platform across Europe. Piton Capital led the financing, with participation from Haufe Group Ventures, WaVe-X, F-LOG Ventures and existing investors.