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Benzinga

Business

Shivani Kumaresan

Arrival Partners With Enel X For Bus Trials In Italy

Enel Italy ARVL Nasdaq Vallelunga

Arrival SA (NASDAQ:ARVL) and Enel Group's global business line, Enel X, have entered into a partnership to test the zero-emission battery-electric bus in Italy.
The collaboration aims to foster the growth of electrified public transport globally through high-performance and competitive solutions.
The tests will be carried out by Enel X in Italy, at the Vallelunga circuit, where Enel X Way's advanced charging services and solutions will also be used to charge the vehicles.
Based on the test results, Enel will decide to take Arrival Bus within its portfolio of global electrification solutions.
Enel currently operates more than 3,200 e-Buses globally.
Price Action: ARVL shares are trading higher by 5.34% at $1.38 in premarket on the last check Friday.

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