Rivian Launches Also Inc. as BYD Targets Global Expansion Amid Robotics Push
Rivian's new startup targets micromobility while BYD expands overseas, and robotics companies urge the U.S. for a national strategy.
Summary
Rivian has launched Also Inc., focused on small electric vehicles and e-bikes, under RJ Scaringe's leadership, marking a strategic shift towards micromobility. Concurrently, BYD aims to double its overseas sales to over 800,000 units and expand into Latin America and Southeast Asia, highlighting its success with innovative, cost-effective EVs. Meanwhile, U.S. robotics companies, including Tesla and Boston Dynamics, are advocating for a national robotics strategy to enhance competitiveness against China, which is rapidly advancing in AI and robotics. These developments indicate a dynamic landscape as companies innovate to meet evolving consumer demands.
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