Rivian Spinoff Also Secures DoorDash Partnership

Electric bike startup Also, an offshoot of car manufacturer Rivian, has achieved a $1 billion valuation following a recent funding round. The company has also forged a strategic partnership with DoorDash, aiming to collaborate on autonomous delivery solutions. This dual success highlights Also's significant growth and its ambition to innovate within the logistics and micro-mobility sectors. The collaboration with DoorDash, a major player in the delivery market, could accelerate the adoption of autonomous technology in urban environments and reshape last-mile delivery services.