Insider Brief
- New electric micromobility company Also has emerged from stealth with $105 million in funding from Eclipse, aiming to reshape the small electric vehicle market across consumer and commercial sectors.
- Incubated within Rivian, Also is developing a range of scalable, low-cost electrified products with global reach, starting with a consumer vehicle launch planned for 2026 in the U.S. and Europe, and expanding to Asia and South America.
- The company’s vertically integrated technology platform leverages Rivian’s strengths in software and propulsion to address urgent urban transportation challenges and reduce global CO2 emissions through more sustainable short-trip alternatives.
A Mission to Redefine Small Electric Vehicles
PRESS RELEASE – New electric micromobility company, Also, has emerged from stealth to rethink small electric vehicles (EVs). Founded by a focused stealth team within Rivian, Also launches with $105 million in funding from Eclipse. Also aims to redefine the electric micromobility landscape by developing low-cost, scalable electric vehicles designed for urban and short-distance use.
Built on vertically-integrated and scalable technology, Also is developing a portfolio of electrified products across the micromobility space to address the diverse needs of both consumer and commercial transportation markets spanning a range of use cases, price points and geographies. Also’s flagship product is expected to launch in 2026 for consumers in the U.S. and Europe, followed by products tailored for both consumer and commercial use in Asia and South America.
Why Electric Micromobility Matters Now
For the planet to fully transition to sustainable transportation, a wide range of form factors and vehicle types will be needed. Also was originally formed within Rivian to examine how Rivian’s strength in software, electronics and electric propulsion could be applied in low cost ways across a variety of micromobility vehicles. As development progressed, it became clear that the project warranted a standalone company with its own electric micromobility product line, brand identity, and global strategy.
The need for transformative solutions in transportation has never been more urgent. With urban populations projected to soar to seven billion people by 2050, current roadway infrastructure is under immense strain. Simultaneously, road transportation continues to be the largest driver of global CO2 emissions. In the U.S. alone, the majority of vehicle trips are under six miles and only 6.9% are longer than 30 miles. This reality underscores the need for high-impact alternatives, such as electric micromobility, that can reduce congestion, improve accessibility and lower environmental harm.
Conclusion: Why Also Is One to Watch
“We believe in a future where there are a broad range of transportation vehicle types available to customers,” said Rivian Founder and CEO RJ Scaringe. “Just as Rivian continues to focus on building products that are inviting, capable and fun, I am super excited to see Also launch as a platform for a new category of all-electric vehicles. Small electric vehicles will play a key role in efficient, clean and convenient mobility, opening new opportunities for people to get around quickly and with minimal impact.”
