Bn 8bn EV company you may have never heard of.

Arrival is probably the most expensive electric vehicle company you have ever heard of. Based in the UK and listed on the US Nasdaq Stock Exchange, it is valued at bn 8bn (7 5.7bn). But it is not building cars, it is focusing on commercial vehicles – vans, buses and taxis.

Instead of setting up large factories to make cars and ship them around the world as soon as possible, Armada plans to set up small, so-called micro-factories where they will be sold.

Reporting and video editing by Peter Page.

Leave a Reply

Your email address will not be published.