Rivian Mobility Spinoff Preps $4,500 E-Bike as First Product
Called TM-B, the Class 3 E-Bike Will Launch in Spring 2026, Offering Riders Pedal Assistance Up to 28 Miles Per Hour
[Stay on top of transportation news: .]
Also, the micromobility startup spun out of Rivian Automotive, has unveiled its first consumer product: an electric bike that will cost up to $4,500.
Called TM-B, the Class 3 e-bike, a category of bikes which don’ta driver's license, will launch in spring 2026, offering riders pedal assistance up to 28 miles per hour and, where allowed, a throttle reaching 20 mph. The $4,500 Launch and Performance editions share features, while a cheaper standard model, priced below $4,000, will follow later next year.
Also was spun out from Rivian in March with $105 million in funding from the electric vehicle maker and the venture capital firmEclipse. Bloombergreported in 2023that Rivian teams had developed an e-bike concept and filed patents. In July, Alsoraised fresh capitalfrom Greenoaks at a $1 billion valuation.
The launch brings Rivian’s ambitions from prototype to product. Also’s e-bike is the first tangible result of work that began inside Rivian, signaling the EV maker’s push to capture demand for short-distance trips.
Class 3 e-bikes don't require driver's license to operate. (Jason Henry/Bloomberg)
“The opportunity was really significant. The world needed a micromobility company to exist that had its own platform to stand on,” Rivian CEO RJ Scaringe said in an interview with Bloomberg Television. “We see it as this opportunity to really invite people in to electrification through a form factor that’s somewhat familiar.”
The TM-B features a pedal-by-wire drive system with no mechanical gears. Pedaling powers a generator that feeds the battery while software controls torque and speed.
A detachable battery pack comes in standard and large sizes, offering up to 60 and 100 miles of assisted range, respectively. (Jason Henry/Bloomberg)
A detachable battery pack comes in standard and large sizes, offering up to 60 and 100 miles of assisted range, respectively. Regenerative braking can extend range by as much as 25%. The battery uses the same vehicle-grade cells in Rivian’s consumer EVs and includes USB-C fast charging.
Also will face competition in a space that’s become increasingly crowded. E-bikes, averaging about $2,000 apiece, have gained popularity in the U.S. The market has grown — in particular following the pandemic as more workers return to the office. Pricesrangeanywhere from under $1,000 for a cheaper, lower-performance ride, right through to almost $10,000 for high-end bikes.
A 5-inch touch screen handles navigation, ride modes and media, while a companion app offers remote locking, tracking and diagnostics. The bike also includes handlebar indicators and manual controls for assistance and music. Riders can swap between three modular “top frame” seat options — solo, rack, or bench — allowing one frame to serve multiple uses.
A touch screen on Also's e-bike. (Jason Henry/Bloomberg)
Also will offer a proprietary smartphone app that will allow riders to control and plan navigation and monitor the bike’s diagnostics. The app will also manage security features and proximity locking.
Also plans to sell the bikes in the U.S. first, with production and supply chains primarily in Asia. They’re designed to also be compliant in Europe and Asia.
The startup also has TM-Q, a four-wheel pedal-assist variant for families and commercial use that shares the TM-B’s software and battery tech. The bigger form quads will ship by the end of next year.
Բ
Rivian already sells electric vans to Amazon.com Inc., and Scaringe said Also’s quads can help address demand for ever-faster e-commerce fulfillment. Also said it’s collaborating with Amazon “on a customized pedal-assist e-cargo quad.” The goal is to “expand Amazon’s micromobility fleet with thousands of quads across Europe and the U.S.”
“People are expecting shorter and shorter delivery times,” Scaringe said, alluding to a future business line for Also. “That type of consumer behavior begs the question for different form factors that support what we think of as quicker and quicker e-commerce.”
Want more news? Listen to today's daily briefing belowor go here for more info:
