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Michael Abelson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Residents feel troubled by past of Torus Group CEO

Residents feel troubled by past of Torus Group CEO
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British EV maker Arrival seeks second chance with U S EV tax credits

Subsidies from America s Inflation Reduction Act may save a British EV startup.

North carolinaUnited statesUnited kingdomJohn wozniakDavid baileyMichael abelsonLucid group incKensington capital acquisition corpUniversity of birminghamUniversity of birmingham baileyUber technologies incXos incUnited parcel service incTesla incFisker incRivian automotive inc

British EV maker Arrival seeks second chance with US EV tax credits

British electric van startup Arrival, which has hit many road bumps in its quest to become the next Tesla Inc, now hopes huge subsidies from the U.S. Inflation Reduction Act and a second reverse. | May 25, 2023

North carolinaUnited statesUnited kingdomDavid baileyNick careyBen klaymanJohn wozniakPaul lienertMatthew lewisMichael abelsonShyft incKensington capital acquisition corpUniversity of birmingham baileyLordstown motors corpUber technologies incXos inc

British EV Maker Arrival Seeks Second Chance With US EV Tax Credits

British EV Maker Arrival Seeks Second Chance With US EV Tax Credits
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

North carolinaUnited statesUnited kingdomPaul lienertMatthew lewisNick careyMichael abelsonDavid baileyBen klaymanJules carterJohn wozniakTesla incUnited parcel service incUniversity of birminghamKensington capital acquisition corpThomson reuters

FOCUS-British EV maker Arrival seeks second chance with US EV tax credits

British electric van startup Arrival, which has hit many road bumps in its quest to become the next Tesla Inc, now hopes huge subsidies from the U.S. Inflation Reduction Act and a second reverse merger will give it a fresh shot at survival. Since it was founded in 2015, Arrival has developed vehicles for high-profile customers like United Parcel Service Inc and Uber Technologies Inc, but has burned through piles of cash without ever hitting mass production and is winding down its UK operations in favor of refocusing on the United States.

United statesUnited kingdomNorth carolinaJohn wozniakMichael abelsonDavid baileyUniversity of birmingham baileyLucid group incTesla incShyft incUniversity of birminghamUber technologies incUnited parcel service incKensington capital acquisition corpRivian automotive incLordstown motors corp

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