Rivian spinoff reveals a $3,500 starting price for its first e-bike

Rivian's electric mobility spinoff Also announced a $3,500 starting price for its first e-bike called the TM-B. The startup unveiled the shapeshifting e-bike last month, with options for a limited Launch edition, a Performance version or a base model. During the reveal, Also said both the Launch and Performance TM-B models would start at $4,500, but only hinted at the base model's price tag being less than $4,000.<br /> While the base model TM-B is more than $1,000 cheaper than the other choices, it comes with several compromises, like a lower max range of 60 miles, a weaker 5x power assist, coil fork suspension and only a standard ride mode. In comparison, the higher-end TM-B options have up to a 100-mile range, a 10x power assist, air fork suspension and the choice betwee [...]