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...
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
At the top are Lexus and Toyota once again, with the GX as the most reliable Lexus and the Prius C as the most reliable Toyota. Subaru, Kia, and Infinity have also stayed in the top six spots, though Mazda made a huge leap from 12 to number three. That leap, CR says, comes courtesy of Mazda “[working] out problems that plagued the CX-9 SUV and MX-5 Miata roadster.”....
The 2017-18 auto show season is in full swing, with automakers introducing a number of new cars, trucks and SUVs at shows including the 2018 Detroit Auto Show and 2018 New York Auto Show. Many of these models ....