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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 bankruptcy. The troubled company, …
EV startup Arrival looks to sell off assets, intellectual property of UK division Read More
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’s spectacular fall continues with a delisting from Nasdaq Read More
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 …
EV maker Arrival’s second SPAC is now a dead SPAC Read More
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 …
Arrival nabs $300M lifeline, but is still seeking more funds Read More
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 …
Arrival is running out of cash — and fast Read More
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 …
EV company Arrival to cut workforce by 50% in third restructuring effort Read More