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30 Jan
14:28

Arrival to halve spending with 50% cut in workforce

The UK's troubled electric vehicle start-up Arrival is planning a 50% reduction in spending through a “radically more efficient” design and production method, Kallanish learns. The company said on Monday its executive vice president of Digital Igor Torgov has been appointed ceo effective 30 January. The executive received unanimous support from the board of directors to implement the planned restructuring of the business. Last year, Arrival …
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