This EV startup was going to revolutionize how cars were made – now, it's on life support
Arrival set out eight years ago to make electric vehicle production "radically more efficient." Arrival trumpeted how its automated microfactories would simultaneously churn out electric vans for UPS, cars for Uber drivers and buses for the U.K., Italy and California. The company reported Friday in a regulatory filing that it missed another deadline to file its 2022 annual report, putting it out of compliance with the Nasdaq Exchange.
Source: yahoo.com
