Attempting to expand into the e-bike market when the company has yet to make a profit might not make much sense, but there’s a compelling reason for Rivian to pursue that strategy. Even, the cycling market was growing thanks to the popularity of e-bikes. In fact, electric bikes have consistently outsold electric cars and trucks. It’s no surprise since they’re significantly cheaper to produce and thereby cost less for consumers to buy.
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.
While I won't make fun like many trolls of Twitter will, I am skeptical, since they are a car company. They don't have the expertise on bike design and will have to learn what bicycle manufacturers have years or decades of experience, or source from someone else
launching in 2029?
So I'm guessing they'll be making about 15 bikes a year?
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: InsideEVs - 🏆 579. / 51 Read more »
Source: FoxBusiness - 🏆 458. / 53 Read more »
Source: InsideEVs - 🏆 579. / 51 Read more »