Is Arrival a Winner in the Electric Vehicle Industry?

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The deal fetched nearly $660 million in gross proceeds and provides ARVL with enough resources to start ramping up the electric bus & van deliveries and expanding the global network of Microfactories. The company announced that it is planning to build a new Microfactory in Charlotte, North Carolina, the second on U.S. soil.

ARVL, a different player in the electric vehicle (EV) space

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