The Latest Breaking News from Arrival

The change of strategy is said to be linked to Arrival's recently announced plans to cut its workforce by up to a third to preserve its dwindling cash reserves.

Gainers Pagaya Technologies Ltd. (NASDAQ: PGY) shares climbed 129.6% to close at $6.20 on Wednesday. Pagaya Technologies is expected to announce its Q2 earnings on August 16, 2022.

Arrival remains committed to start production of its electric Van in the third quarter of this year and says it can meet its business targets until late 2023.

Compared to the revised version unveiled in March 2021, the Arrival Van has received further design tweaks inside and out.

Arrival (NASDAQ: ARVL) shares are trading higher after the company's Arrival Van achieved EU certification and received European Whole Vehicle Type Approval.

Increased demand for efficient and low-emission vehicles, along with government initiatives to speed up the shift of their nations’ vehicle fleets from gasoline-powered to electric vehicles, has fostered rapid growth in the sale of the electric vehicles of late. However, a few companies in this sector have not been able…

Arrival SA (NASDAQ:ARVL) reported a first-quarter FY22 loss of $(10.4) million versus a loss of $(1.15) billion last year that included a $1.2 billion non-cash charge associated with the merger of Arrival and CIIG. The adjusted EBITDA loss for the quarter widened to $(66.9) million. Capital expenditure rose 99% Y/Y to $99.1 million.…

Production of the Arrival Bus is expected to commence in the second quarter of this year at a microfactory in the United Kingdom.

Electric vehicle maker Arrival is gambling that small sites, a ‘Lego-block’ manufacturing system and lots of robots will bring it success

The electric vehicle (EV) market is experiencing explosive growth amid emission control initiatives worldwide and growing consumer interest in EVs. Furthermore, government incentives to buy EVs and other federal funding regarding the sector should propel the industry’s growth. Given the industry’s rosy prospects, Wall Street analysts see significant upside potential…

Arrival SA (NASDAQ: ARVL) is one of numerous electric vehicle companies looking to grab a share of an expanding EV market, but the company's president said it's entering the increasingly competitive space with a fresh approach.