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...
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...
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...
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...
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