Arrival

With its headquarters in London, Arrival Ltd. is a British electric vehicle company that specializes in producing light commercial vehicles. Arrival revealed a new passenger bus in June 2020 that was created for the social isolation of the coronavirus period.

At its location in Banbury, Oxfordshire, R&D is conducted. Arrival purchased a new facility in Bicester in March 2020 with the intention of turning it on by 2021 and beginning manufacturing there in 2022. Arrival opened its North American headquarters in Charlotte, North Carolina, in December 2020. According to Arrival, their electric cars are the first EVs to have the same price as their gasoline and diesel counterparts. The business has developed an electric vehicle platform that can be expanded to produce several versions across various vehicle classes.

In October 2020, Arrival raised an additional $118 million from US fund manager BlackRock, adding to the $111 million previously invested by Korean manufacturer Hyundai Motor Co. and sibling firm Kia Motors Corp. It was announced in November 2020 that Arrival will merge with the special-purpose acquisition business CIIG Merger Corp. and list on the NASDAQ.

Arrival stated in late May 2021 that it will produce electric vehicles for Uber ride-hailing drivers in the third quarter of 2023. Due to growing demand from that market, Arrival President Avinash Rugoobur announced in August 2021 that the business will establish a product development R&D facility in India. The business declared that it will begin manufacturing the following year in November 2021.


Arrival | Zero-emission solutions
https://arrival.com