EV Giant Rivian Files Trademark to Produce Electric Bikes

Molly Wright

Molly Wright is an intern for dot.LA. She previously edited the London School of Economics' student newspaper in the United Kingdom, interned for The Hollywood Reporter and was the blogging editor for UCLA's Daily Bruin.

EV Giant Rivian Files Trademark to Produce Electric Bikes
Ray Bradbury's Former Home is Now a Rivian Hub. Is It the Future of Car Dealerships?

After making waves with the biggest IPO of 2021, electric bikes could be next on the agenda for Amazon-backed electric automaker Rivian.

As eagle-eyed observers at Rivian Forums pointed out earlier this week, the Irvine-based company has filed a new trademark covering bicycles, electric bicycles and an array of related parts and components. The trademark application could indicate that Rivian is plotting a foray into the e-bike space; such a move would diversify its offerings with a product that would be cheaper to produce and purchase than the company’s SUVs and pickup trucks.


An e-bike would also help Rivian maintain a competitive edge in the electric micromobility market, which is becoming increasingly crowded among automakers. Other major car brands that have launched or are planning to launch e-bikes and electric scooters include Jeep, Ford, BMW, Porsche and Mercedes-Benz.

Rivian’s emergence in the rapidly expanding EV market led to its landmark IPO in November 2021, which saw the company’s market valuation exceed $100 billion at one point—making it worth more than legacy heavyweights General Motors and Ford. Rivian is the first company to produce an all-electric pickup truck, the R1T, beating out competitors including rival electric automaker Tesla. Rivian’s largest investor is Amazon, which aims to have 10,000 of the company’s electric delivery vehicles on the road by the end of 2022.

After raising more than $12 billion through its IPO, Rivian announced plans to build a new $5 billion factory in Georgia that would complement its current facility in Illinois and increase its production capabilities. On Monday, Rivian announced that it had failed to meet its 2021 vehicle production target; shares fell nearly 6% on the news.

Also on Monday, Rivian confirmed reports that Chief Operating Officer Rod Copes had stepped down from his role.
mollywright@dot.la

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Astrolab's New SpaceX-backed Rover Could Change Space Exploration Forever

Lon Harris
Lon Harris is a contributor to dot.LA. His work has also appeared on ScreenJunkies, RottenTomatoes and Inside Streaming.
Astrolab's New SpaceX-backed Rover Could Change Space Exploration Forever
Photo by Samson Amore

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Local Los Angeles-area startup Astrolab Inc. has designed a new lunar vehicle called FLEX, short for Flexible Logistics and Exploration Rover. About the size of a Jeep Wrangler, FLEX is designed to move cargo around the surface of the moon on assignment. It’s a bit larger than NASA’s Mars rovers, like Perseverance, but as it’s designed for transport and mobility rather than precision measurement, it can travel much faster, at speeds of up to 15 miles per hour across the lunar surface.

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Meet the Creator Economy’s Version of LinkedIn

Kristin Snyder

Kristin Snyder is dot.LA's 2022/23 Editorial Fellow. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

Meet the Creator Economy’s Version of LinkedIn
Creatorland

This is the web version of dot.LA’s daily newsletter. Sign up to get the latest news on Southern California’s tech, startup and venture capital scene.

LinkedIn hasn’t caught on with Gen Z—in fact, 96% rarely use their existing account.

Considering 25% of young people want to be full-time content creators and most influencers aren’t active on LinkedIn, traditional networking sites aren’t likely to meet these needs.

Enter CreatorLand.

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https://twitter.com/ksnyder_db

This Week in ‘Raises’: Total Network Services Gains $9M, Autio Secures $5.9M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Total Network Services Gains $9M, Autio Secures $5.9M
This Week in ‘Raises’:

It has been a slow week in funding, but a local decentralized computing network managed to land $9 million to accelerate deployment of its new product called Universal Communication Identifier (UCID™). Another local company that secured capital included Kevin Costner’s location-based audio storytelling platform and the funding will go toward expanding the app’s content library and expanding into additional regions in the United States.

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