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Articles tagged "Arrival"


Arrival gets a $300 million lifeline

Arrival gets a $300 million lifeline

There is hope for Arrival still, the company just announced it has secured a $300 million equity financing from Westwood Capital. At the same time Arrival is calling for an Extraordinary General Meeting of its shareholders with a proposal to enact...

15 March 2023 0
Arrival appoints new CEO as it tries to turn its fortunes around

Arrival appoints new CEO as it tries to turn its fortunes around

The founder and CEO of Arrival is stepping down from running the company and will be replaced by the current Chair - Peter Cuneo. There’s a little bit of hope for the ailing company because Cuneo is an expert of turning fortunes around, he not only...

25 November 2022 0
Arrival has enough cash to survive only until September next year

Arrival has enough cash to survive only until September next year

Arrival has been running out of cash and options for a while now, every few months there was a new report about money running out but yet somehow the company managed to pull through and carry on. The latest report on the face of things seems to be...

08 November 2022 0
First van from Arrival built at its first Microfactory

First van from Arrival built at its first Microfactory

In a recent press release, EV startup Arrival confirmed its team built a first production van at its Microfactory in the UK. The plant uses an in-house developed manufacturing strategy that involves autonomous robots, new composite materials and...

04 October 2022 1
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