Tag: Arrival

Mar 15, 2023 - 01:05 pm

Arrival catches a lifeline by Westwood Capital

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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Feb 3, 2023 - 04:08 pm

Volvo Cars hires new head of design

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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Jan 31, 2023 - 02:26 pm

Arrival lays off 50% of employees and appoints new CEO

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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Nov 8, 2022 - 07:08 pm

Arrival still bogged down in launch difficulties

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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Oct 24, 2022 - 01:53 pm

Arrival announces an electric van strategy for the USA

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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Aug 12, 2022 - 02:07 pm

Arrival confirms focus on electric delivery vehicles

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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Aug 5, 2022 - 11:48 am

Arrival pauses bus & car development to focus on vans

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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Dec 17, 2021 - 06:51 pm

Arrival shows prototype of ride-hailing car for Uber

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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Dec 7, 2021 - 01:33 pm

Arrival to build battery assembly plant in Charlotte

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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Jul 26, 2021 - 09:54 pm

Arrival scores first e-bus deal in the US worth $2Mn

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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Jul 15, 2021 - 07:17 pm

LeasePlan orders 3,000 Arrival electric vans

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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Jun 27, 2021 - 01:06 pm

STMicroelectronics to supply Renault & Arrival

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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May 4, 2021 - 12:28 pm

Arrival and Uber to develop dedicated ride-hailing EV

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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Mar 3, 2021 - 01:40 pm

Arrival presents newest update of their electric van

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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Feb 22, 2021 - 04:10 pm

Arrival to begin trials with First Bus in the UK

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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Dec 10, 2020 - 01:09 pm

Arrival opens US headquarters in North Carolina

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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Nov 18, 2020 - 01:21 pm

New electric vehicle lobby ZETA formed in the USA

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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Oct 13, 2020 - 01:22 pm

Arrival announces first micro-factory in the USA

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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Jun 18, 2020 - 01:47 pm

Arrival presents electric bus concept

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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Jan 16, 2020 - 10:19 am

Hyundai & Kia invest in Arrival

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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Nov 17, 2018 - 02:23 pm

Charge Cars to sell all-electric 1960ies Ford Mustang

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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Found on electrive.com
https://www.electrive.com/2023/03/15/arrival-catches-a-lifeline-by-westwood-capital/
15.03.2023 13:51