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 […]
