Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...
Recent:
JarAutoNews
Hyundai, Kia, Arrival, electric delivery vans
Hyundai, Kia, Arrival, electric delivery vans
Hyundai and Kia are backing Arrival, a startup British maker of electric delivery vans, a good use case for EVs. Hyundai and Kia announced Thursday that they are investing $111.5 million in Arrival, a startup British automaker building electric delivery vans. The three companies will jointly develop vehicles and share know-how as Arrival scales up its operations and moves to put a vehicle on the market in the next few years.
Menu
Other News
The new tunnel was excavated along a path that runs not through Los Angeles but beneath the tiny adjacent municipality of Hawthorne, where Musk's Boring Company and his SpaceX rocket firm are both headquartered. Musk, best known as head of the Tesla electric car manufacturer and energy company, launched his foray into public transit after complaining on Twitter in December 2016 that L.A.'s traffic was "driving me nuts," promising then to "build a boring machine and just start digging.".....
So the car's RFID key card got her thinking, much as any of us would: Hey, why not put that thing in my other arm? They chip dogs, don't they?...
