Rivian Automotive eyes micromobility play with electric bike concept

Rivian Automotive $Rivian Automotive, Inc.(RIVN)$ CEO RJ Scaringe reportedly told employees at at meeting that the company is developing an electric bike in what could be a surprising expansion of the product lineup amid a new cost-cutting mindset.

Sources said Scaringe disclosed that a small group of engineers is actively working on the micromobility concept. It is not known if the product will be closer to a motorcycle, scooter, or bicycle. Currently, Rivian builds a battery electric pickup, a plug-in SUV, and electric delivery vans.

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  • YorkTurner
    ·2023-03-27
    TOP
    2022 earnings of $-6.75 billion on revenue of $1.66 billion. And this in an era of interest-free money. As interest rates rise, zombies like RIVN will fold like a plant in a cupboard.
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  • YvetteGunther
    ·2023-03-27
    TOP
    we are around $1 to get to a new record low... but then the question becomes when will the stock break below $10.... any bets on how soon that will be...
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  • YeddaJohnson
    ·2023-03-27
    Highest Lemon Law return rate of any manufacturer in the history of the industry. Search Rivian Lemon Law forum. The QC issues will bankrupt the company
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  • YaleBrewster
    ·2023-03-27
    Rivian is the next big thing. Global appeal. More on roads in America daily. Huge lead over other EV startups. Ready to explode
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  • IamZhong
    ·2023-03-27
    ok
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  • LSK9092
    ·2023-03-26
    ok
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  • Elsa Heng
    ·2023-03-26
    [What]
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  • kj
    Reply
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  • YCGan
    ·2023-03-26
    Noted
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  • Leo_T
    ·2023-03-26
    Notrd
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  • Awesome_derp
    ·2023-03-26
    Ok
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  • MoneyCub
    ·2023-03-26
    Ok
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  • Dirui
    ·2023-03-26
    Hmmm
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  • PRO AMD
    ·2023-03-26
    ok
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  • Acip Sudirja
    ·2023-03-26
    ok
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  • David369
    ·2023-03-26
    oo
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