EV startup Canoo has bought up manufacturing equipment belonging to Arrival after the British EV company went under. The machinery will be shipped to Canoo’s plant in Oklahoma using 20 containers from the UK. Canoo is firming up its […]
Electric-vehicle (EV) startup Arrival announced it has secured a $300 million equity financing line from Westwood Capital, according to a company statement released on Monday. The funding will enable the British firm to keep the […]
British electric vehicle (EV) startup Arrival has announced that they laying off half of its workforce that will halve the company’s cash operating expenses in a bid to help keep it afloat. While the company is […]
All is not well with the British electric vehicle (EV) startup, Arrival. The company has announced it could layoff nearly one-third of its staff. Arrival is restructuring its operations, and up to 30 percent of […]
