Arrival is running out of cash — and fast

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Arrival is running out of cash — and fast

The high-cost of trying to develop and produce vehicles, a business pivot and three restructurings has taken a toll on commercial EV maker Arrival. And it doesn’t look like it’s going to get any easier for the company. Arrival, which went public in 2021 via a merger with a special purpose acquisition company, posted preliminary fourth-quarter and […]

Arrival is running out of cash — and fast by Kirsten Korosec originally published on TechCrunch

Arrival is running out of cash — and fast

2023-03-10 05:05

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