Electrical car startup Rivian is reportedly engaged on an e-bike. Based on , CEO RJ Scaringe instructed Rivian workers of the challenge throughout a company-wide assembly the automaker held on Friday. He mentioned the startup had a “small group” of engineers engaged on a motorcycle.
Bloomberg couldn’t affirm if Scaringe was referring to an electrical bike or bicycle, however the outlet notes Rivian has patents for biking elements and designs. Prior to now, Scaringe has mentioned Rivian desires to increase into the micromobility market ultimately. Rivian didn’t instantly reply to Engadget’s remark request.
The information that Rivian might be engaged on an e-bike is available in the identical week that the corporate that might have an effect on six % of its workforce. The cuts symbolize the second main restructuring Rivian has undertaken in lower than a yr. The corporate mentioned the transfer was an effort to refocus itself on scaling manufacturing of its R1T and R1S EVs and, in flip, put Rivian on the trail to long-term profitability. On Friday, Scaringe reportedly instructed workers Rivian had unfold itself skinny by making an attempt to do an excessive amount of without delay.
Making an attempt to increase into the e-bike market when the corporate has but to make a revenue won’t make a lot sense, however there’s a compelling cause for Rivian to pursue that technique. Even , the biking market was rising because of the recognition of e-bikes. In actual fact, electrical bikes have constantly outsold electrical automobiles and vehicles. It’s no shock since they’re considerably cheaper to provide and thereby value much less for shoppers to purchase. A motorbike then might be what Rivian must develop into worthwhile sooner.
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