ALSO Inc., a spinoff from Irvine’s Rivian Automotive Inc., is collaborating with DoorDash to develop and deploy small electric delivery vehicles.
“Small autonomous EVs are optimal in these environments,” ALSO Co-Founder and President Chris Yu said in a statement. “That is what ALSO is building from the ground up.”
DoorDash invested in ALSO’s recent $200 million Series C financing round led by Greenoaks Capital, which included funding from Prysm Capital as well. ALSO’s first set of flagship EVs – an electric bike and two small quad vehicles – are launching this spring.
As part of the multi-year partnership, DoorDash Co-Founder and Head of DoorDash Labs Stanley Tang will join ALSO as a board observer.
“ALSO is building purpose-built EVs that are designed to unlock new ways to meet customers and merchants where they are,” Tang said.
For more on Rivian and ALSO, see this week’s edition of the Business Journal.
