Arrival slashes production targets to just 20 EV vans as part of restructuring
TechCrunch
AUGUST 11, 2022
based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shifts gears to focus on vans. Arrival, the U.K.-based For the second quarter, Arrival reported a loss of $89.6 million, compared with a loss of $56.2
Let's personalize your content