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...
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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.
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Honda Accord, Civic, Fit, HR-V, and Insight, plus Acura NSX, RLX, and RDX models are affected by the defect, which could cause the engine to stall during driving.....
What exactly does that mean? In short, driver and passengers are shielded from small arms and rifle fire thanks to steel and composite armor materials fitted into the doors, as well as ballistics grade glass for all the windows....
