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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. ....

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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 ....

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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.

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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. ....

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Burning cash, commercial EV startups race to deliver vehicles

Commercial electric vehicle startups are racing to deliver vehicles before their cash dries up and before legacy OEMs ramp up production. ....

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