In October 2025, Rivian, a U.S.-based electric vehicle manufacturer, introduced its first electric bicycle, the TM-B, which quickly gained attention for its advanced design and onboard technology. Rivian is also known for its electric trucks and SUVs, and this new product marks its entry into the growing electric bicycle market. The company recently completed a significant funding round, raising $150 million (about €128.5 million), one of the largest investments ever recorded in the electric bicycle industry. This funding was likely intended to support the development and production of the TM-B. Originally, the first deliveries of the TM-B were expected to begin in the fall of 2026. However, the launch schedule has been repeatedly delayed. Initially set for spring 2026, the timeline was pushed back to summer, then to mid-September, and finally to early November 2026—nearly six months behind the original plan. According to a message sent to customers, the "Launch Edition" bicycles are now being shipped, with deliveries expected in "waves" by early November, as reported by Electrek. However, some buyers on social media have expressed skepticism about the meaning of "ongoing shipping," questioning whether actual customers have received their bikes or if only influencers and company associates have. Rivian has not provided detailed reasons for the delays but has promised to share more accurate delivery estimates by September 2026, tailored to each version of the bicycle. In an effort to reassure customers, the brand has shared photos of the TM-B being produced in its Asian factory. The TM-B has a starting price of $3,500 (around €3,000 before taxes) and can go up to $4,500 (about €3,850 before taxes) for the Launch Edition and Performance versions. The company’s efforts to communicate updates and show production progress aim to maintain customer confidence despite the delays.