Arrival remains committed to start production of its electric Van in the third quarter of this year and says it can meet its business targets until late 2023.
Arrival SA (NASDAQ:ARVL), a British electric vehicle company, plans to cut its workforce 30% as part of a restructuring of its business as it looks to start.
Arrival recently announced that the Arrival Van has achieved EU certification and received European Whole Vehicle Type Approval (EUWVTA). Arrival successfully completed all the required functional and safety testing to achieve EUWVTA, which is a critical step towards starting trials with customers in the coming months. The company is expected.
London-based EV developer Arrival reached an important milestone recently, achieving EU certification for its Arrival Van, as well as European Whole Vehi.