Rivian spinoff Also valued at $1 billion with DoorDash partnership [Yahoo! Finance Canada]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance Canada
Also raised $200 million in a Series C round from DoorDash, Prysm Capital and Greenoaks. The startup signed a multi-year ?agreement focused ?on deploying small autonomous EVs for deliveries. * Stanley Tang, co-founder of ?DoorDash and head of DoorDashLabs, will join the company as a board observer. * ?Also, originally ?incubated within EV ?maker Rivian, isdeveloping a ?range of small EVs for both goods and passengermovement. Its first products include the TM-B electric bike andthe TM-Q electric delivery quad. * DoorDash said the investment aligns ?with its push toexpand autonomous ?delivery capabilities. Tang said ?it could ?helpimprove efficiency and reliability. * The ?funding will support Also's ?product development,manufacturing ?scale-up and international expansion. The companyplans to launch its initial vehicles in the ?United ?States thisyear, with global markets to follow. (Reporting ?by Akash Sriram in Bengaluru; ?Editing by Tasim Zahid)
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RIVN
News
- Rivian's E-Bike Spinoff Will Make Autonomous Delivery Bots For Bike Lanes [Yahoo! Finance]Yahoo! Finance
- Here are the 5 safest large SUVs for families in 2026 [USA TODAY]USA TODAY
- Rivian spinoff Also will build autonomous delivery vehicles for DoorDash [Yahoo! Finance]Yahoo! Finance
- Rivian spinoff Also will build autonomous delivery vehicles for DoorDash [TechCrunch]TechCrunch
- Rivian and Lucid can operate like Tesla after new legislative win [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 2/12/26 - Miss
RIVN
Sec Filings
- 3/31/26 - Form 144
- 3/27/26 - Form SCHEDULE
- 3/24/26 - Form 4
- RIVN's page on the SEC website