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Cash-strapped EV startup Arrival is laying off half its workforce

Arrival said it would lay off 50 percent of its workforce in a bid to reduce costs and stave off bankruptcy. The struggling EV company also named a new CEO. ....

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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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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." So far, its plan to forgo the gigafactory for local ....

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Cruise and Waymo score a win and a surprising deal between electric aircraft rivals

Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Cruise and Waymo score a win and a surprising deal between electric aircraft rivals

Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.

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