Image:
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....
To continue reading this article...
Join BusinessGreen
- Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
- Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
- Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
- Tap into our extensive archive of exclusive articles, news, analysis and guides
- Choose from 3 paid membership levels or start a 7-day no strings trial
