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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.
Daimler said the fault affects the fuse in some of its A, B, C, and E-class cars as well as its CLA, GLA and GLC vehicles and could cause them to overheat in "unique conditions".