BlackRock delivers $118m investment boost for electric van trailblazer
Funding jumpstarts Arrival's ambitions
UPS recently ordered 10,000 Arrival electric vans for its fleet
UK electric van developer Arrival has today announced that it has secured a $118m investment from funds managed by BlackRock, providing a major boost to its ambitious expansion plans.
The company said the latest funding round would support the ramping up of its vehicle production capacity, including the launch of its first US 'microfactory' in South Carolina. ESG Blog: UK's first...
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