Rivian‘s e-mobility spin-off Also has pushed the opening of pre-orders in its online Gear Shop by a week to August 18, adding yet another delay to a product launch that has slipped repeatedly since first targeting spring 2026 deliveries for its TM-B e-bike.
The company notified reservation holders that the pre-order window — originally set for August 11 — was moved back by a week so it could align Gear Shop purchases with bike ordering for what it described as a more seamless experience.
“On August 18th, we’re opening pre-orders for all Reservation Holders. That’s you!”, the e-mail read. “While we originally aimed to open pre-order for the Gear Shop on August 11th, we’re shifting to August 18th to align with TM-B orders opening for Reservation Holders, so we can provide the best and most seamless experience.”
The shop itself has been open for browsing for some weeks, with Also inviting reservation holders to plan builds from its top frames, cargo buckets, utility racks and apparel before their bikes arrive.
The spin-off unveiled the TM-B in October 2025 with a spring 2026 delivery target.
In April, Also e-mailed reservation holders confirming the first Launch Edition bikes would ship at the end of June. However, supply chain constraints forced the company to revise that window to summer.
“A rapid, industry-wide spike in demand for raw materials and electronic components has impacted key parts required for the TM-B,” the company stated on their website in June. “This has temporarily delayed our planned manufacturing ramp-up and pushed our first delivery dates past our original spring window.”
By then, Also noted that their engineering and production teams were “working around the clock to minimize these constraints without cutting a single corner on safety or quality.”
On the last day of July, the company told TechCrunch that Launch Edition units had begun shipping from its manufacturer to a US warehouse.
At the time, Also said it expected to deliver all Launch Edition bikes between early August and September.
Also‘s own support pages now state that initial batches began shipping over the past week and that units are moving through its logistics pipeline. As of Thursday, no customer TM-B bikes have been reported as delivered.
To compensate for the wait, Also is including one of its Alpha Wave helmets with Launch Edition purchases.
Reservation Holders Push Back
Discontent within Also‘s community has grown alongside the timeline changes.
On Reddit’s r/ALSOmicromobility subreddit, customers voiced frustration over what they described as a pattern of missed commitments and poor communication.
One poster wrote of being frustrated by the lack of communication and by what they called misinformation over shipment timelines; another said they had cancelled their reservation.
A separate point of friction involves Also’s decision to open ordering for all reservation holders simultaneously.
Early reservation holders — who paid $50 to hold a place from October — expected priority access based on language still visible on Also’s reservation page when reviewed by EV on Thursday, which states that reservations will be fulfilled on a first-come basis and that reserving sooner means riding sooner.
The simultaneous ordering window appears to contradict that promise. Also has not publicly addressed the reservation-priority concern.
$500 Million Startup
Also began as an internal Rivian project in 2022 under the codename “Project Inder.” CEO RJ Scaringe had started exploring the idea of a lightweight electric vehicle to complement Rivian’s lineup of trucks and SUVs.
The company worked with Jony Ive’s design firm LoveFrom on an early design, TechCrunch first reported in 2025.
The EV maker spun Also out as a standalone company in March 2025 with $105 million in Series B funding from Eclipse and Rivian, which retained a minority stake while Scaringe took a board seat. Co-founder Chris Yu became president of the Palo Alto-based company.
Funding escalated quickly.
Greenoaks Capital invested $200 million in July 2025, taking Also to a $1 billion post-money valuation before the company had delivered a single product.
A second $200 million round — the Series C, again led by Greenoaks — closed in March 2026 with DoorDash and Prysm Capital joining, bringing total funding to about $505 million across three rounds.
DoorDash co-founder and DoorDash Labs head Stanley Tang joined as a board observer, and the round came with a multi-year autonomous delivery vehicle agreement.
By April, Also was actively hiring for retail and sales roles across five US metropolitan areas, signaling plans to build a physical commercial presence through a mix of pop-up activations and permanent locations alongside its online sales channel and Rivian retail locations.
TM-B Specs and Pricing
The TM-B is a Class 3 electric bike with a pedal-by-wire drivetrain — no mechanical gears — offering pedal assistance up to 28 mph and a throttle reaching 20 mph.
Also positions the bike as a software-defined vehicle platform rather than a conventional commuter e-bike.
Features include a carbon belt drive, integrated lighting, a removable battery using vehicle-grade cells sourced from Rivian‘s consumer EVs, GPS tracking, automatic electronic shifting, and a connected security system with automatic locking and tamper alerts.
The Performance version and Launch Edition are both priced at $4,500 and offer up to 100 miles of range, a 10x assist multiplier, and air suspension.
A Base model is listed at $3,500, with a smaller battery delivering up to 60 miles of range, a 5x assist multiplier, and coil-fork suspension.
Pricing for the Base trim first leaked in November 2025 through the company’s Shop app at $3,250 before settling at the current $3,500 listing.
Broader Ambitions
Also describes itself as a vehicle company, not a bike company.
Beyond the TM-B, its product roadmap includes the TM-Q — a four-wheeled pedal-assist quad designed for bike lanes and able to carry more than 400 pounds — and a multi-year deal with Amazon announced in October 2025 to supply thousands of pedal-assist e-cargo quads for last-mile delivery fleets across Europe and the United States.
The DoorDash partnership adds a separate autonomous delivery vehicle program.
The industry is still recovering from a painful downturn, and buyers have become increasingly price-conscious.
At $4,500 for the Performance version and $3,500 for the Base, the TM-B enters a segment where competitors deliver much of the same core functionality at a fraction of the cost.
