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11 Aug
17:17

Arrival postpones US plant launch, expects 20 deliveries this year

UK electric vehicle start-up Arrival confirmed on Thursday its strategy shift to give the company “better chances to be successful,” Kallanish reports. Ceo Denis Sverdlov said during the company’s Q2 results presentation that spending on the Arrival Bus programme has been deferred, capex for the Arrival Van hard tooling has been postponed, alongside the start of production in the US. The Charlotte microfactory in North Carolina will now open in …
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