<ul><li>Rivian's skunkworks program, Also, has raised $105 million from Eclipse Ventures for the development of micro electric vehicles.</li><li>Also, a separate startup from Rivian, aims to adapt Rivian's technology to smaller EVs.</li><li>Rivian will hold a minority stake in Also, with Chris Yu, Rivian's VP of future programs, serving as the startup's president.</li><li>Also plans to debut its vehicle designs later this year and aims to begin production of its flagship product by 2026.</li></ul>

Rivian startup spinoff raises $105M in funding for micro EV production

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