Also will offer small, lightweight EVs to serve customers at various price points and across geographies, the company said.

After starting a “stealth program” years ago, Rivian’s (RIVN) new spin off will take on the micromobility space. Rivian

The new company, called Also, will likely focus on small, lightweight vehicles such as e-bikes and scooters. Buzzy EV-maker Rivian just spun a secret team of in-house innovators into a brand new company with a focus on micromobility.