"DoorDash's investment in Also aims to develop and accelerate the deployment of autonomous delivery at scale, focusing on areas not yet fully solved for, including intersections of roadways and bike lanes."
"Also's first commercial product, the TM-B e-bike, is priced at $3,500 and features a virtual drivetrain, while the TM-Q four-wheeled EV is designed to fit in bike lanes and haul cargo."
"The partnership with DoorDash boosts Also's valuation to above $1 billion, and Amazon has also agreed to purchase thousands of TM-Q vehicles for last-mile deliveries."
DoorDash has formed a strategic partnership with Rivian spinoff Also to enhance autonomous delivery capabilities. The collaboration will focus on deploying vehicles that can navigate bike lanes and roadways. Also's TM-B e-bike and TM-Q four-wheeled EV are designed for this purpose. The partnership aims to address delivery challenges in complex urban environments. Additionally, DoorDash co-founder Stanley Tang will join Also's board, and the deal has increased Also's valuation to over $1 billion, with Amazon also purchasing TM-Q vehicles for deliveries.
Read at Engadget
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