Rivian spinout Also raises $150M to take its small EVs autonomous
Rivian spinout secures $150M to revolutionize small-format autonomous electric mobility.
Small electric vehicle maker Also Inc. said today it has raised $150 million in a Series D round to accelerate its work on autonomous driving. The money will fund several self-driving vehicle formats at once, all of them built on the electric architecture Also already uses in its...
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Generated insight by OnAirToday AI
The integration of autonomous systems into small-form electric vehicles signals a major shift toward automated micro-mobility solutions for urban environments. By scaling existing EV architectures with advanced self-driving capabilities, this funding represents a strategic effort to dominate the future of last-mile delivery and localized transport.
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