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This EV startup was going to revolutionize how cars were made – now, it's on life support

Arrival set out eight years ago to make electric vehicle production "radically more efficient." Arrival trumpeted how its automated microfactories would simultaneously churn out electric vans for UPS, cars for Uber drivers and buses for the U.K., Italy and California. The company reported Friday in a regulatory filing that it missed another deadline to file its 2022 annual report, putting it out of compliance with the Nasdaq Exchange. ....

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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 CEO steps back amidst the electric van startup's financial woes

Peter Cuneo, who served as CEO of Marvel Entertainment before it was acquired by Disney, is taking over as interim CEO of Arrival.. ....

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Former Marvel Entertainment Chief Replaces Denis Sverdlov as Arrival CEO

Peter Cuneo, the former CEO of Marvel Entertainment, will replace Denis Sverdlov as Arrival CEO. Founder and CEO of electronic vehicle startup Arrival, Denis Sverdlov, has stepped back from the company's day-to-day operations, according to Engadget. ....

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