Rivian, an electric truck manufacturer, is said to be working on an e-bike

Rivian, an electric truck manufacturer, is said to be working on an e-bike

The possibility that Rivian is working on an e-bike comes in the same week that the business announced layoffs affecting 6% of its workers. Rivian’s layoffs are the company’s second big restructuring in less than a year. The business said that the decision was made to emphasise on growing manufacturing of its R1T and R1S EVs, putting Rivian on the road to long-term profitability. Scaringe allegedly warned staff on Friday that Rivian had stretched itself too thin by attempting to achieve too much at once.