Rivian is working on an e-bike
Electric automaker Rivian is developing an electric bike, according to sources speaking to Bloomberg. CEO RJ Scaringe apparently told staff about the e-bike effort during a company meeting on Friday, noting that a small team is currently working on it.
Bloomberg says it’s unclear if Scaringe was talking about a battery-assisted bicycle (aka an e-bike) or an electric motorcycle. However, Scaringe has teased an entry into micromobility in the past and the company has patents for e-bike designs and components.
Despite all the hype behind EVs, electric bikes have actually outsold electric and plug-in hybrid cars in this US since 2021. And in Europe, e-bike sales are on track to overtake the number of all cars sold, electric or not. That’s a...