Irvine-based Rivian developing an electric bike

📆 2/3/2023 5:59 PM
📰 ladailynews

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 59%

United States United States Headlines News

United States United States Latest News,United States United States Headlines

The company has patents for electric bicycle components and designs.

Scaringe hinted at the possibility of an e-bike at a conference in October, saying that the company had long-term ambitions to move into micro-mobility, but he hadn’t disclosed work on an actual product before Friday’s staff meeting.

The potential lineup expansion comes despite a broad push to cut costs across the company. Rivian earlier this week told workers it would be cut headcount by 6%, the second significant workforce reduction in the last 12 months.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EV maker Rivian cutting 6% of workforce, but manufacturing jobs sparedElectric vehicle maker Rivian Automotive announced that it will lay off about 6% of its workforce amid a push to cut costs and reach profitability in a competitive EV market. Isn’t Rivian the company that makes that awesome 6 wheel Hummer type SUV, with optional bomb proofing
Source: FoxBusiness - 🏆 458. / 53 Read more »