e bikes

e 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.

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Scooter startup Bird is still losing money hand over fist, though the losses are slowing slightly and revenue is picking up as pandemic restrictions ease.

With plans to go public via a SPAC, the Santa Monica company released its second-quarter results for 2021 today and net losses in the quarter dropped to $43.7 million compared to $50 million the same time last year. But revenue soared 477% from $60 million during the same quarter last year , thanks in no small part to riders returning from lockdowns.

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Retrospec, a Los Angeles-based ecommerce brand that sells outdoor recreation and fitness gear, is among the latest companies to enter the e-bike market. It will launch its first line on April 21st.

E-bikes have been on the rise lately, spurred in part by the pandemic and a desire for sustainable, outdoor transit.

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