Hyperdrive
Rivian Is Developing an Electric Bike
- Scaringe hinted late last year at move into micromobility
- Company is reducing headcount in broad cost-cutting effort
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Rivian Automotive Inc. is developing an electric bike, the chief executive officer told staff, potentially expanding the EV maker’s product lineup.
RJ Scaringe disclosed the e-bike effort Friday at a companywide meeting, according to people familiar with the matter who asked not to be identified discussing private information. A small group of engineers is actively working on it, he said.