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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Also, the micromobility startup spun out of Rivian Automotive Inc. , has unveiled its first consumer product: an electric bike that will cost up to $4,500. Called TM-B, the class 3 e-bike, which don’t require a driver’s license, will launch in spring 2026, offering riders pedal assistance up to 28 miles per hour and, where allowed, a throttle reaching 20 mph. The $4,500 Launch and Performance editions share features, while a cheaper standard model, priced below $4,000, will follow later next year.