Kia and Hyundai invest £85m in UK EV start-up

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Arrival's first product is an electric van that will focus on urban delivery. Credit: Arrival
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Arrival's first product is an electric van that will focus on urban delivery. Credit: Arrival

The investment follows Kia's recent launch of a $25bn strategy intended to make it a leader in electric vehicle and mobility services.

South Korean auto giants Hyundai and Kia have invested £85m in electric van maker Arrival, making the electric vehicle (EV) innovator one of the UK's most valuable start-ups, the firms announced yesterday....

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