arrival ltd ipo

Arrival calls this approach "Generation 2.0". Or Trump? Location*Please select…United StatesAfghanistanÅland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, the Democratic Republic of theCook IslandsCosta RicaCôte d'IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, the former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia, Federated States ofMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorthern Mariana IslandsNorwayOmanPakistanPalauPalestinian Territory, OccupiedPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarReunionRomaniaRussian FederationRwandaSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States Minor Outlying IslandsUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofViet NamVirgin Islands (British)Virgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabwe. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). Hyundai Motor Co 005380.KS and sister firm Kia Motors Corp 000270.KS are making the investment of 100 million euros ($110 million) in Arrival Ltd. Get the full list », To view Arrival’s complete board members history, request access », You’re viewing 5 of 6 investors. PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies.

It develops software, materials, components, and scalable skateboard platforms and its micro-factories allow them to make vehicles and adapt to any mobility ecosystem. The vehicles are designed to sell for the same price as similar models powered by internal combustion engines and to be built in small "microfactories." [17], On 29 January 2020, Arrival announced that UPS had invested in the company and placed an order for 10,000 Generation 2 electric vehicles to be rolled out across the UK, Europe and North America before 2024 as part of their transition towards a zero-emissions fleet.

[7] United Parcel Service has placed an order for 10,000 small vans from Arrival. Arrival Limited has been running for 5 years. Developer of environmentally friendly vans and buses designed to promote the usage of pollution-free vehicles. [23] Additionally, Arrival's first U.S. microfactory will be located in the Charlotte suburb of Rock Hill, South Carolina. PitchBook is a financial technology company that provides data on the capital markets. Developer of environmentally friendly vans and buses designed to promote the usage of pollution-free vehicles. As part of the agreement, BlackBerry will license its BlackBerry QNX technology to Arrival, including its QNX SDP 7.0 real-time operating system which will serve as the secure foundation for ADAS features within the company's vehicle platform. Arrival said its prototype delivery vans are being tested by the Royal Mail, DHL and UPS.

In a statement, Arrival said it will work with Hyundai and Kia to develop a variety of electric vehicles, initially for the commercial market.

Although full specifications on the size, load capacity and volume have not been publicly released. [6], In August 2017, the Royal Mail announced an agreement with Arrival to trial nine vehicles in the ranges of 3.5, 6 and 7 tonnes GVW. Arrival said its vehicles will be equipped with advanced driver assist features and can be upgraded with self-driving systems. [6] The company is making an electric platform which can be scaled to make multiple different vehicle variants in multiple vehicle categories. There are currently 4 active directors according to the latest confirmation statement submitted on 31st December 2019. With a small factory in Banbury, England, Arrival said it now has 800 employees in five countries, including Germany, Russia and Israel.

What Should Investors Do If Biden Wins The Election? [24], "Arrival is the Tech Company that's Decided to Make Electric Vans", "Arrival's Electric Bus is Designed for Coronavirus-Era Social Distancing", "British Electric Van Manufacturer Acquires New Factory in Bicester", "Arrival Time: How the White Van Went Green", "Is This Arrival Electric Van Britain's Answer to Rivian's Delivery Vehicle? [19] The purpose-built electric vehicles have been co-developed by Arrival and UPS in order to meet UPS's exact specifications, including the latest advanced control and safety features. The company said its van will have a range between charges of 300 miles. Those vehicles will be built on Arrival's modular vehicle platform or "skateboard" that bundles motor, batteries and chassis components, similar to the skateboard developed by U.S. startup Rivian. Hyundai Motor Co and sister firm Kia Motors Corp are making the investment of 100 million euros ($110 million) in Arrival Ltd. Founded in 2015 and based in London, Arrival has developed a boxy, futuristic-looking shuttle bus aimed at the commercial delivery market. ", "Arrival Bus Reimagines Public Transportation for a New Normal", "Royal Mail's New Electric Vans Unveiled", "UPS to Deploy a Fleet of New Neat-Looking Custom-Built All-Electric Delivery Trucks", "LinkedIn Top Startups 2019: The 25 Hottest UK Companies to Work for Now", "Arrival's Intelligent EVs to be Powered by BlackBerry's QNX Technology", "Former GM Executive Mike Ableson to Lead Arrival's North American Operations", "UK Electric Vehicle Unicorn Arrival Receives €100M Investment from Hyundai and Kia", "UPS Orders 20,000 Vehicles from Electric-Van Maker Arrival", "British Electric Van Company Arrival Claims "Unicorn" Status as Hyundai and Kia Invest", "UPS Orders 10,000 Electric Vans from British Start-Up Arrival", "UK Electric Van Maker Arrival Secures £340m Order from UPS", "UPS Invests in Arrival and Orders 10,000 Generation 2 Electric Vehicles", "Avinash Rugoobur - Chief Strategy Officer Arrival", "Electric Truck Unicorn Arrival Revamps the Transit Bus for a Post-Coronavirus Era", "London electric vehicle company to open U.S. corporate office in Charlotte", "Electric vehicle company Arrival to establish first U.S. microfactory in Rock Hill, creating 240 jobs", UK firm Charge gets investment boost from venture capitalist to develop range-extended electric powertrain technology, Automotive industry in the United Kingdom, Mercedes AMG High Performance Powertrains, British Vehicle Rental and Leasing Association, Royal Society for the Prevention of Accidents, Society of Motor Manufacturers and Traders, https://en.wikipedia.org/w/index.php?title=Arrival_(company)&oldid=985207064, Truck manufacturers of the United Kingdom, Electric vehicle manufacturers of the United Kingdom, Vehicle manufacturing companies established in 2015, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 October 2020, at 16:16. Jan 16 (Reuters) - Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday.

I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. In a statement, Arrival said it will work with Hyundai and Kia to develop a variety of electric vehicles, initially for the commercial market. There are currently working prototypes of Arrival's electric van. [20], Arrival's Chief Strategy Officer is Avinash Rugoobur, former Head of Strategy for GM Cruise Automation. Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday. Legal Name Arrival Ltd; Hub Tags Unicorn Company Type For Profit; Contact Email [email protected]; Arrival is a technology company that develops a generation of two electric vehicles.

[15] Following the investment, Arrival revealed they have achieved "unicorn" status, valuing the start-up at €3 billion. Arrival claim that their electric vehicles are the first EVs that cost the same as petrol and diesel equivalents. The van has enough range on a single charge to complete at least 120 miles (190km) without recharging. The company is currently focused on the production of lightweight commercial vehicles.

Arrival General Information Description.

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. [18] The deal was reported to be worth $400m along with an equity stake in the company of an undisclosed size. )+[a-z]{2,})$/i, failureMessage: "A valid email address is required"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom11 = document.querySelector('#form1783 #field11');var field11 = new LiveValidation(dom11, {validMessage: "", onlyOnBlur: false, wait: 300});field11.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\.

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