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Rivian spinoff Also reveals a high-end modular e-bike for $4,500

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Several years ago, as a skunkworks team of engineers inside Rivian set out to develop an electric micromobility vehicle, one question loomed. “What do we build in-house?” Rivian founder and CEO RJ Scaringe said in an interview recounting the early days of Also, which spun out of Rivian earlier this year.

“We realized the only way to do this well is to build everything,” said Scaringe, who sits on Also’s board.

The result, which was revealed Wednesday at an event in Oakland, is a pedal-assist electric bike called the TM-B that is more than just a bike, according to Scaringe and Also President Chris Yu. “This is a whole platform of products we’re going to build in the microspace,” Scaringe said. And Scaringe wasn’t kidding. During the Wednesday event, Also revealed two quad-vehicles as well, one of which will be supplied to Amazon.

At a passing glance, this “more than a bike” looks like a bike, albeit a sleekly designed one that has a few hidden-in-plain sight features. But Yu contends that what lies beneath the surface is what makes the TM-B special and compelling enough to break into a crowded e-bike market.

The TM-B will come in several trims, including a launch edition, performance, and base versions.

The launch edition has identical specs with the performance trim, including a battery that has an estimated 100-mile range, 10 assistive levels, air shocks and air fork for the suspension, and two ride modes including “sport” that zips the rider down the road. The launch edition, which costs $4,500, is sprinkled with special “launch” colors of a purple ube and blue, and will come to market this spring.

The performance trim, which also retails at $4,500, is expected to come to market in the first half of 2026. The base version, which has a battery with up to 60 miles of range, five assistive levels, an air shock and coil fork for the suspension, and one standard ride mode, is expected to cost less than $4,000 when it hits the market in the second half of next year, according to Yu.

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Image Credits:Kirsten Korosec

All of the bikes are equipped with front and rear LED lighting with integrated turn signals and have a top speed of 20 miles per hour. Biomotion design illuminates rider’s legs as they pedal on the TM-B, which has 24-inch wheels. The TM-B can also be outfitted with all-terrain tires, pedals, and a trail ride mode that gives riders more manual control over the ride.

The battery is removable and comes with USB-C fast charging up to 240 watts that lets users power up devices.

The removable battery of the Also ebike can also power other devices. Image Credits:Kirsten Korosec

There is an integrated security feature to keep the battery and the bike safe as well. The security system is engaged once the rider walks away from the bike and automatically locks the battery, wheels, and frame. If it is tampered with, the rider will receive an alert via the Also app and the bike itself will emit a loud honking sound.

As a side note: that honking sound can be deployed by the rider as they navigate city streets.

“You get a push notification in the unfortunate case when it starts moving away because we have LTE and GPS, and we have a real time, location,” Yu said while on stage Wednesday. In a worse-case scenario, if the bike is physically picked up and placed in a vehicle, the ebike owner can remotely disable it.

“You can brick it,” Yu said. “And this is key, because since we own every board, every piece of software, every part of the bike, that means that no part of this is usable.”

The tech inside the TM-B

Image Credits:Kirsten Korosec

Everything was developed by the Also and Rivian team, including the removable battery pack, power electronics, software, firmware, and a pedal-by-wire propulsion system that has no mechanical connection between a rider’s pedaling and the movement of the bike. Notably, the system allows for regenerative braking, which means power is sent back into the battery.

Even the tools to build these elements were designed here, according to Also CTO Jonathan Hall, who spoke to TechCrunch ahead of the event.

All of the trims have several standout design and functional features, including a central touchscreen display that is integrated between the handlebars. Perhaps the most interesting is the modular top frame that allows the user to change from a solo, bench, or utility cargo setup within a few seconds.

The standard solo seat comes with two water bottle cages. The utility setup has an integrated rear rack, one water bottle cage mount, and can carry about additional 77 pounds of cargo. Also is offering a third bench option as well. And all of these can be swapped out in a few seconds and without tools.

Notably, the software of each setup is aligned with that user and syncs with the central touchscreen.

Like over at Rivian, Also’s software is a central figure of its electric bike and will continue to be used to roll out new features, Yu told TechCrunch. For instance, software is used to provide accurate navigation and ETA to the rider by tightly integrating with the motion and speed of the ebike.

“Because we know so much about your experience, we know what assist level you’re in, we know what ride load you’re in, we know the average speed that you’ve been going — we can give you a really, really precise ETA,” Yu said while showing off the TM-B on stage. “It sounds simple, but you’re using this as a vehicle to get somewhere. It kind of matters to know when you’re going to get there.”

The helmet

Image Credits:Kirsten Korosec

The company also developed a helmet in-house called the Alpha Wave Helmet that uses a newly developed technology to improve rotational impact protection and a redesigned strap so the user can tighten it — no snapping — with one hand.

The helmet has numerous tech features beyond protecting your brain, including integrated lights and an audio system with four wind-shielded speakers and two noise-canceling microphones. The helmet syncs with the bike’s central “portal” touchscreen or the rider’s phone so they can listen to music, take calls, and receive turn-by-turn navigation.

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Waymo starts autonomous testing in Philadelphia

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Waymo is adding another four cities to its growing list of robotaxi rollouts. The company announced Wednesday it has begun testing its autonomous vehicles (with a safety monitor) in Philadelphia, and that it will start manual driving to collect data in Baltimore, St. Louis, and Pittsburgh.

Waymo did not offer a timeline for when it plans to launch commercial services in those locations, nor do we know whether the Alphabet-owned company will partner with other companies to operate robotaxis in each one. That has been the move in cities like Atlanta and Austin, for example, where Waymo has partnered with Uber to advance its robotaxi rollout.

But the new locations join a list of over 20 cities where the company is either offering rides, prepping a commercial launch, or testing. Waymo is also now offering rides on freeways in Los Angeles, Phoenix, and the San Francisco Bay Area. The company plans to be doing one million rides per week by the end of 2026.

Waymo has done all this while claiming to be operating at a level five times safer than humans, according to data the company recently released.

But the expansion has not come without its issues. The National Highway Traffic Safety Administration is investigating how the company’s vehicles operate near school buses, after a Waymo was filmed driving around a stopped bus in Atlanta in September.

This week, Austin news outlet KXAN published a report showing Waymo’s vehicles have driven past school buses that were in the process of unloading or loading children multiple times — including after Waymo claims to have shipped software updates to address the problem.

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Spotify Wrapped 2025 adds its first multiplayer feature with ‘Wrapped Party’

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Spotify Wrapped is back. After last year’s widely criticized flop that included an AI podcast as its highlight, the streamer’s highly anticipated annual review feature has returned to its roots. This year, Spotify is doubling down on what it knows works best: deep dives into your streaming data, creative experiences, messages from favorite artists, and other social features.

The company claims that Wrapped 2025 is its biggest, as it’s introducing nearly a dozen new features in addition to its old standbys, like top songs and artists. Plus, it’s offering more visibility into users’ data than in years past. For the first time, Spotify Wrapped is adding a live multiplayer feature to compare your listening data with friends.

Wrapped Party, Wrapped’s first live interactive experience, allows you to invite up to nine friends to compare listening stats.

Image Credits:Spotify

Also new this year, your Top Songs Playlist will include the play counts for each of the top songs, so you can actually see how much time you spent with your favorite tracks.

Other standout features this year include an interactive Top Song Quiz, a Listening Age feature, and Wrapped Clubs, which match you to one of six unique listening styles.

The company believes these additions will not only bring back the personalized, engaging experience that users have long expected from Wrapped, but will take it a step further by making it more interactive than before.

In the Top Song Quiz, for instance, you can try to guess which top song soundtracked your year before seeing the results.

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Image Credits:Spotify

The new interactive Wrapped Party feature isn’t just about comparing the personal streaming data you’ve already received to your friends’ data, as that’s something people already do on social media. Instead, the feature presents unique data stories for your group, like who’s the “most obsessed fan,” the “early bird,” the most “picky listener,” or even something as nice as the “dinner table explainer,” meaning the person who listens to the most news podcasts.

Image Credits:Spotify

Spotify says these awards update dynamically every time you join a Wrapped Party, so no two sessions are ever the same — even if you run through them again with the same group of friends.

The new Wrapped Clubs, meanwhile, will group you into one of half a dozen listening styles, like the “Soft Hearts Club,” the “Club Serotonin,” the “Full Charge Crew,” the “Cosmic Stereo Club,” and others. You’ll also receive a role in the club based on your listening data. You might be a club leader if your listening choices strongly matches the club’s values, a scout if you’re always seeking out new releases, or an archivist if you listen to music from past eras.

Image Credits:Spotify

Another feature, Listening Age, compares your 2025 music listening to others in your age group. To calculate your age, the feature considers the release years of the tracks you listen to most. From there, it identifies the five-year span of music that you engaged with more than other listeners your age.

Image Credits:Spotify

As in prior years, you’ll see your top songs, top artists, top genres, and, for the first time, top albums. If you engaged with audiobooks and podcasts, you’ll see metrics for those as well. Artists, writers, and podcasters will have their own version of Wrapped as before. And top fans will again receive video messages from their favorite artists, podcasters, and, now, authors.

You’ll also receive a playlist of your top songs of the year, as before.

Image Credits:Spotify

What you won’t find in this year’s Wrapped is any feature that advertises it was made with AI.

In a press briefing on Tuesday, Spotify’s Senior Director of Global Marketing, Matt Luhks, admitted the company received a “lot of feedback” about its 2024 AI-focused Wrapped experience, saying it was a “mix of positive and ‘more constructive feedback,’” despite the feature driving more engagement than prior years.

“We take all of that in. We use that as information, insights, [and] inspiration for how we approached Wrapped this year,” he said in a press event ahead of today’s launch.

“What our users tell us about Wrapped means a lot to us, so it was really informative in how we approached Wrapped this year. And what we tried to build was the most creative, most innovative, most engaging Wrapped ever,” he added, setting a high bar for the 2025 edition of the now 11-year-old annual year-in-review feature.

“We’re the original and, we believe, still the best,” Luhks said.

Image Credits:Spotify

Still, AI was a part of the Wrapped experience. Though the company claims the overall experience was not made with AI, it does leverage a LLM (large language model) to add a storytelling layer to Wrapped’s facts and figures, and natural language summaries in other parts of its experience, looking back on your data.

Spotify’s attempt to fix Wrapped after a notable stumble comes as the streamer faces increased competition from Apple, Amazon, YouTube, and others, which have all launched their own annual review features, inspired by Wrapped.

“Everyone seems to have their own version of Wrapped. Now, there’s a lot of reviews and replays and rewinds out there, but we believe that Wrapped still sets the bar for these year-end recaps,” Luhks said.

Along with the consumer experience, Spotify shared its top artists, songs, albums, podcasts, and audiobooks for the year, with top winners that included, respectively, Bad Bunny (top song and album), Joe Rogan (“The Joe Rogan Experience” podcast), and Rebeca Yarros (author of “Fourth Wing”).

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Nothing looks to its community to raise $5M, wants to be ‘IPO-ready’ in 3 years

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Hardware maker Nothing is letting its user base buy its stock as part of a new community investment round of $5 million. The new round, which opens on December 10, will enable consumers to buy the company’s shares at its Series C valuation of $1.3 billion.

The company said it has so far raised $8 million in total from over 8,000 people across two previous community investment rounds. It held its first community funding event in 2021, aiming to raise $1.5 million.

“This isn’t about raising capital, it’s about giving our community/fans a chance to invest while we’re private and join us on the journey,” a spokesperson for Nothing told TechCrunch.

Community investors have a rotating seat on the company’s board, but it is unclear what else they get for investing in the company through such rounds.

Nothing raised $200 million in its Series C back in September from investors including Tiger Global, GV, Highland Europe, EQT, Latitude, I2BF and Tapestry. The company has raised $450 million to date.

The community round comes as Nothing makes changes to its corporate structure as it tries to increase its share of a smartphone market dominated by giants like Samsung and Apple. The company is spinning off its budget CMF brand, and plans to explore AI-centric devices while it keeps building smartphones and audio products. And Nothing claims it crossed $1 billion in cumulative revenue this year, up 150% from 2024.

The startup is working to be “IPO-ready” in three years, CEO Carl Pei told TechCrunch in an email. “The timing will depend on market conditions and what makes sense for the business at that point in time,” he said.

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“What’s important is that we’re already operating with that discipline now. We’re building the systems, the governance, the financial discipline that a public company needs. It forces us to think longer-term and make smarter decisions that prioritise sustainable growth,” Pei added.

It’s not clear if Nothing aims to raise another round before an IPO. When asked about its fundraising plans, a Nothing spokesperson said the company is not thinking about raising capital immediately, but it wouldn’t be averse to those conversations.

Those interested in investing in the community round can use platforms like Wefunder and Crowdcube to participate.

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