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Arrival garners $300M which will help slow its cash-burn rate

The UK-based EV startup Arrival garners $300 million and hopes to slow the financial bleeding. It is still short to start the van production. ....

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Arrival Ditching UK Production For US To Tap Into EV Tax Credit

Arrival will shift its manufacturing focus from Bicester, UK, to Charlotte, North Carolina, where it will build a family of Van products for the US. ....

North Carolina , United States , United Kingdom , City Of , Denis Sverdlov , Joe Biden , Arrival Vans , Arrival Van , Inflation Reduction Act , President Joe Biden ,

Arrival Builds First Production Verification Van At UK Microfactory

Arrival says the Vans that will be produced this year will not be sold to customers; instead, they will be used for testing, validation and quality control. ....

United Kingdom , Denis Sverdlov , Arrival Van , Arrival Vans ,

Arrival Going All-In On Van But Will Build Only 20 Units In 2022

The company claims to have non-binding orders for about 149,000 vehicles, which if all completed, would bring over $6 billion in potential revenue. ....

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