Rivian Spinoff Also Begins Delivering E-Bikes After Supply Chain Delays
Also, the electric vehicle spinoff of Rivian, is set to begin delivering its first e-bike model, the TM-B, next week after months of supply chain-related delays. The company announced that Launch Edition bikes are now shipping from manufacturers to U.S. warehouses and expects deliveries between late July and September 2026. Also was initially a Rivian internal project before being spun off in March 2025 with $105 million in funding led by Eclipse Ventures. The TM-B, unveiled last October, had originally targeted a Spring 2026 delivery window but faced setbacks due to global supply chain stress and increased demand for components. Customer frustration has grown over the repeated delays and lack of communication on shipment timelines, with some users canceling their orders in response.
Tickers: $RIVN