Rivian Spinoff Also Delays E-Bike Deliveries Again

After months of delays, Rivian spinoff Also is finally set to start delivering its first e-bikes next week, with a new timeline pushed to September due to global supply chain issues.

Lime Goes Public with $167 Million IPO, Valuing the Company at $1.66 Billion

Micromobility company Lime has raised $167 million in its initial public offering, ending its nearly decade-long run as a private company. The company's valuation now stands at $1.66 billion, with shares jumping around 9% in the first hour of trading on the Nasdaq stock exchange.