From Yahoo Finance: 2025-03-26 09:17:00

Micromobility startup Also has been spun off from Rivian Automotive with $105 million in Series B funding. Also will focus on lightweight EVs, offering small, electrically powered vehicles at various price points. Startups are turning to small electric vehicles as a solution to congestion and emissions. Also plans to reveal its products later this year and expand globally by 2026.

Read more: Rivian spin-off Also reveals it will make lightweight electric vehicles