A Bloomberg report has it that electric automaker Rivian is developing an electric bike.
The report, which quotes CEO RJ Scaringe, adds that Rivian has deployed a small team to work on the e-bike.
However, Scaringe has teased an entry into micro-mobility in the past and the company has patents for e-bike designs and components.
Last week, Rivian laid off about six percent of its workforce for the second time in less than a year as part of broad cost-cutting efforts.
Generally, car makers have yet to find any notable success with their e-bikes despite brands like Porsche, Mercedes, Jeep, GM, Hummer, and others all giving it a go.
