EV builder Rivian is working on an e-bike

Throughout a serious assembly with all workers, CEO RJ Scaringe let slip that an e-bike challenge is within the pipeline. The electrical truck start-up is now mentioned to be growing an electrical bicycle with “a small group of engineers”. That experiences Bloomberg.

The information stays fairly imprecise, as a result of the press company couldn’t decide with certainty whether or not it could be an electrical motorbike or an e-bike. Bloomberg notes that Rivian has already registered a lot of patents for bicycle elements prior to now. Scaringe had additionally indicated that Rivian want to take his first steps within the ‘micromobility’ market. The model itself has not but responded to the most recent rumors.

Rivian restructuring

Rivian introduced final week that it has to make a lot of layoffs. About 6 p.c of the present workers might be fired. In line with the corporate, this was essential to get manufacturing of its R1T and R1S EVs again on observe. Scaringe would even have indicated on the aforementioned assembly that Rivian wished to do an excessive amount of directly.

It could come as a shock that the corporate would deal with the e-bike market, when it has by no means made a revenue. Nonetheless, that transfer may repay because the e-bike market continues to thrive. Electrical bicycles are additionally quicker and cheaper to develop and construct than automobiles and vehicles. It might be a transfer that helps make Rivian worthwhile as an EV builder.