Arrival

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Brand information:

Website	Arrival
Country	United Kingdom
Industry	Technology

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Arrival Ltd is a British electric vehicle manufacturer headquartered in London, UK, of primarily lightweight commercial vehicles. In June 2020, Arrival announced a new passenger bus designed for coronavirus-era social distancing. R&D takes place at their facility in Banbury, Oxfordshire. In March 2020, Arrival acquired a new factory in Bicester with plans to be operational by 2021 and start production in 2022. In December 2020, Arrival established its North American headquarters in Charlotte, North Carolina, USA. Arrival claims that their electric vehicles are the first EVs that cost the same as petrol and diesel equivalents. The company has created an electric vehicle platform that can be scaled to make many variants in multiple vehicle categories. Arrival raised $118 million from US funds manager BlackRock in October 2020, adding to previous investment from Korean automaker Hyundai Motor Co and sister company Kia Motors Corp of $111 million.

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