Arrival

Bankrupt EV startup Arrival sold its assets to Canoo

Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acqu

EV startup Arrival looks to sell off assets, intellectual property of UK division

Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its U.K. division is entering administration, the country’s version of b

Arrival’s spectacular fall continues with a delisting from Nasdaq

Commercial EV startup Arrival is being removed from the Nasdaq stock exchange as it speeds toward dissolution. The company, which went public after merging with a special purpose acquisition company,

Arrival secures emergency cash so it can sell itself

Arrival, the once buzzy EV startup that went public via a merger with a blank check company, is in its final death throes. The company has secured a $50 million bridge loan, funds that will keep it af

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 microfactories has proved anything but.

Cash-strapped EV maker Arrival lays off yet more workers

Arrival just warned investors that it’s slashing its workforce yet again. The electric van maker said on Tuesday that it “took actions” on October 5 to “further reduce” c

The EV SPACs are running out of juice

News from Canoo and Arrival illustrates just how far off the rails the EV-SPAC boom has gone.

EV maker Arrival’s second SPAC is now a dead SPAC

Troubled commercial EV maker Arrival has just ended a deal to merge — for the second time in less than three years — with a special purpose acquisition company. Arrival initially went public in Ma

Arrival nabs $300M lifeline, but is still seeking more funds

Struggling electric vehicle company Arrival has secured a $300 million lifeline to help it stay in business into late 2023, but no later. The company is seeking additional dedicated funds to develop i

Arrival is running out of cash — and fast

The high cost of trying to develop and produce vehicles, a business pivot and three restructurings has taken a toll on commercial EV maker Arrival. And it doesn’t look like it’s going to g

EV company Arrival to cut workforce by 50% in third restructuring effort

Arrival is going through another restructuring — this time led by a newly appointed CEO — that will slash its workforce by about 50% as the U.K.-based commercial EV company attempts to reduce oper

Electric commercial van maker Arrival delays revenue until 2024

Troubled electric vehicle startup Arrival, which is restructuring its business to develop commercial vans for the U.S. instead of Europe, said Tuesday it doesn’t expect to earn revenue until after 2

Trouble brews at Arrival, TuSimple ousts its CEO and Cruise expands in San Francisco

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. 

EV-maker Arrival gets delisting warning from Nasdaq

Commercial electric vehicle company Arrival has gotten a warning from the Nasdaq Stock Market because its stock price is trading too low. The company issued a press release Thursday saying it received

EV maker Arrival cutting jobs again in pivot away from UK to the US

Commercial EV company Arrival is restructuring its business for the second time in six months as it tries to squeeze the most out of its remaining capital. The company said in a regulatory filing post

Arrival produces long-awaited battery-electric commercial van

EV startup Arrival said Friday it has produced its first battery-electric van, a significant step toward its goal to deliver the vans to commercial customers at scale. The Arrival van is the first veh

The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

The Station is your central hub for all past, present and future means of moving people and packages from Point A to Point B. 

Arrival slashes production targets to just 20 EV vans as part of restructuring

Arrival, the U.K.-based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shift

Arrival to slash costs, cut up to 30% of workforce to meet on EV van production target

Arrival, the U.K.-based commercial EV company, plans to slash costs and cut as much as 30% of its workforce as it attempts to protect the business from a challenging economic environment while meeting

The Station: All the news out of TC Sessions: Mobility, #PoorElon and a sobering NHTSA report

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi frens, welcome back to The Station
Load More