Struggling EV developer Arrival has secured a $300 million injection from Westwood Capital, giving the company access to additional liquidity under certain conditions. The financing line may come as a lifeline to the British company to pull through the year.
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Volvo Cars has hired a new head of design with Jeremy Offer joining Volvo from British electric vehicle developer Arrival and will take over as Global Head of Design from 1 May 2023, succeeding Robin Page.
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The crisis-stricken British electric vehicle developer Arrival is laying off half of its employees and changing its CEO to Igor Torgov. While production is not expected to start at the company’s US microfactory in North Carolina until 2024, this will require fresh capital.
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British electric vehicle developer Arrival is reshuffling its leadership team. Denis Sverdlov is stepping down as CEO to become Chairman of the Board of Directors. The company has appointed Peter Cuneo as interim CEO, and there is another strategic change.
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Things at the British electric vehicle start-up Arrival apparently continue to be anything but smooth. After the strategic reorientation of the company, there are now media reports that an Arrival electric delivery van caught fire during a demonstration for the customer UPS.
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The British electric vehicle startup Arrival has announced a plan to restructure its business to focus resources on van products for the US market. However, the company will continue to produce a small number of vans in Bicester to optimize microfactory processes and support trials with customers.
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In its latest quarterly report, the British electric vehicle start-up Arrival has confirmed the recently leaked strategic realignment, according to which the company will fully concentrate on the launch of its electric transporter for the time being and put its bus and car project on the back burner.
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According to insiders, the British electric vehicle start-up Arrival has put its bus and car project on hold. According to the report, Arrival wants to concentrate fully on the launch of its electric transporter for the time being in order to generate revenue.
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British electric vehicle developer Arrival has teamed up with Enel X to test its battery-electric bus in Italy. They will carry out the tests at the Vallelunga circuit. If successful, Arrival will become part of Enel X’s portfolio for public transport providers.
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The British electric vehicle developer Arrival has announced that the Arrival Van has achieved EU certification and received European Whole Vehicle Type Approval (EUWVTA).
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In the UK, Arrival has started trials of its electric bus at a testing facility. Arrival is expected to begin production for the bus in Q2 2022.
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British electric vehicle developer Arrival has unveiled the first finished prototype of the Arrival Car, which is being developed with Uber for the ride-hailing business. Arrival will now begin testing the electric car and will incorporate feedback into the next design phase.
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The British electric vehicle developer Arrival is building an assembly plant for high-voltage battery modules for use in its vans and buses in Charlotte, North Carolina. Arrival is investing about 11.5 million US dollars in the plant.
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The Canadian battery recycler Li-Cycle is cooperating with the British electric vehicle developer Arrival. The aim is to recycle old batteries from Arrival’s e-vehicle fleets in the USA and Europe.
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The Anaheim Transportation Network (ATN) has chosen Arrival to replace Liquefied Natural Gas (LNG) buses with Arrival’s battery-electric buses. For funding, ATN has been awarded a two-million-dollar grant from the Federal Transit Administration (FTA) in partnership with the city of Anaheim, California.
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The leasing company LeasePlan wants to commission the British electric vehicle developer Arrival to build 3,000 electric transporters. The corresponding sales contract is to be concluded before the end of the third quarter of 2021. Series production of the Arrival transporter is to start in Q3/2022.
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Semiconductor manufacturer STMicroelectronics has forged two new partnerships in the eMobility sector: both the Renault Group and the British developer Arrival will be relying on semiconductor products from the Swiss group in their electric vehicles in future.
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The British electric vehicle developer Arrival is cooperating with the ride-hailing company Uber as they aim to build an electric car specifically for ride-hailing services. However, the electric car will probably not be exclusive to Uber.
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The British electric vehicle developer Arrival has announced its second ‘microfactory’ in the USA. This will be built in Charlotte in the state of North Carolina and is scheduled to start production in the third quarter of 2022.
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The British electric vehicle developer Arrival has shown the current version of the delivery vehicle, which is to go into test use with customers from the summer of this year. Technical data was also announced, including information on the battery.
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Arrival announced that it will begin trials of its zero-emission bus with transport operator First Bus. The trials, which will see Arrival buses navigating existing First Bus routes in the UK, will begin this autumn.
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British electric commercial vehicle developer Arrival announced that it is establishing its North American headquarters in Charlotte, North Carolina, adding around 150 new employees and investing around $3 million towards the new company offices.
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The English electric commercial vehicle developer Arrival is planning to go public. This has been made possible via a merger with the CIIG Merger Corporation, for which a final agreement has now been signed.
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In the USA, a lobby organisation has been founded to advocate that only purely electric vehicles should be sold nationwide from 2030 onwards. There are 28 founding members of the Zero Emission Transportation Association (ZETA), including Tesla.
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British EV developer Arrival has announced its first micro-factory in the USA. It is under construction in York County in the state of South Carolina and scheduled to produce electric buses from the fourth quarter of 2021. The talk is of 1,000 battery buses per year.
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The English vehicle developer Arrival, previously known primarily for electric delivery vans, has presented the concept of an electric bus. The Arrival Bus is to be manufactured in local micro-factories designed for the assembly of all Arrival vehicles.
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The English electric van manufacturer and vehicle developer Arrival has moved into a new plant in Bicester. The new factory in Oxfordshire is to build, among other things, the electric delivery vans from UPS’ bulk order.
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Logistics giant UPS is investing in the British electric vehicle developer Arrival and has ordered 10,000 electric delivery vans. These are to be introduced in the UK, Europe and North America between 2020 and 2024.
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Hyundai and Kia are investing 100 million euros in the British electric vehicle developer Arrival. The Korean manufacturers want to use Arrival’s platform to develop electric commercial vehicles for various applications such as logistics or ride hailing and shuttle service companies.
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The British startup Charge Cars presents a fully electric version of the 1960 Ford Mustang, developed in cooperation with the electric truck manufacturer Arrival. 499 units of the classic redesign will be built, going for a price starting at £200,000.
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