The batteries that power Rad Power Bikes’ e-bikes “pose a risk of serious injury and death” and owners should stop using them, according to the U.S. Consumer Product Safety Commission. The warning, issued Monday by the CSPC, is due to a risk that the batteries can ignite or explode. The CPSC has linked the batteries […]
Rad Power Bikes’ batteries receive major fire risk warning Read More »
Rad Power Bikes has informed its employees that it will shut down in January if it is unable to find new funding or get acquired, according to an internal staff email viewed by TechCrunch. The company’s leadership is “still fighting to find ways to continue,” and “the cessation of Rad’s operations is not a forgone
Rad Power Bikes faces shutdown in January without new funding Read More »
Also, the micromobility startup spun out of Rivian, has landed a commercial deal with Amazon to supply the e-commerce company with thousands of its new pedal-assist cargo quad vehicles that are big enough to carry more than 400 pounds of packages and small enough to use a bike lane. Under the multi-year collaboration, the two
Amazon will buy thousands of pedal-assist cargo vehicles from Rivian spinoff Also Read More »
Several years ago, as a skunkworks team of engineers inside Rivian set out to develop an electric micromobility vehicle, one question loomed. “What do we build in-house?” Rivian founder and CEO RJ Scaringe said in an interview recounting the early days of Also, which spun out of Rivian earlier this year. “We realized the only
Rivian spinoff Also reveals a high-end modular e-bike for $4,500 Read More »
Also Inc., the micromobility startup spun out of Rivian earlier this year, has raised $200 million from Greenoaks Capital, according to a new report from Bloomberg News. The funding round brings Also’s post-money valuation to $1 billion. The startup raised $105 million from Eclipse Ventures earlier this year when it was cleaved from Rivian. Also
Rivian spinoff Also raises another $200M to build e-bikes and more Read More »
Early-stage micromobility has shifted over the last few years. The cowboy antics of e-scooter companies causing chaos in a bid to scale has faded along with those fat venture checks that are now flowing to AI startups. Tighter capital combined with an existential need to create sustainable business models has produced a new crop of
The startups rolling out of Europe’s early-stage micromobility scene Read More »
Shared micromobility startup Voi is on the hunt for acquisitions. And on CEO Frederik Hjelm’s wishlist is Bolt, the European mobility super-app best known for ride-hailing. Not that Bolt’s micromobility business is necessarily for sale — despite talk of Voi buying the company’s scooter and bike arm. Bolt declined to comment when TechCrunch reached out.
Voi CEO says he’s open to acquiring Bolt’s micromobility business Read More »
Walk around a big city like New York or Amsterdam long enough and you’re bound to notice something: tiny four-wheeled cargo carriers zipping down bike lanes. These battery-assisted vehicles, often called e-quads, are distinct from cargo e-bikes, which tend to be geared toward households. E-quads are larger and sport enclosed cargo holds, making them a
Honda dips its toes in cargo delivery micromobility Read More »
Lovefrom, the creative firm founded by former Apple chief designer Jony Ive, played a role in the development of Rivian’s first electric bike, according to multiple sources who spoke to TechCrunch. For about 18 months, a handful of LoveFrom staff worked alongside Rivian’s design team and engineers within a skunkworks program led by Specialized’s former
Jony Ive’s LoveFrom helped design Rivian’s first electric bike Read More »
Before RJ Scaringe founded Rivian in 2009, he had micromobility on his mind. More than a decade later, his musings took root in a small skunkworks program inside Rivian that set out to answer one question: Could the company’s technology be condensed down into something smaller and more affordable than its electric vans, trucks, and SUVs?
Rivian spins out a new micromobility startup called Also with $105M from Eclipse Read More »
