Arrival: BlackRock delivers $118m investment boost for electric van trailblazer

James S Murray
clock
Arrival: BlackRock delivers $118m investment boost for electric van trailblazer

Arrival secures major funding boost, as it confirms plan for first US 'microfactory' capable of delivering 10,000 electric vans a year

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...

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

Join now

 

Already a BusinessGreen
member?

Login

More on Automotive

'An encouraging sign': New analysis reveals clean energy investment hit record $755bn last year

'An encouraging sign': New analysis reveals clean energy investment hit record $755bn last year

BloombergNEF reveals clean energy investment rose 27 per cent last year, but warns further rapid growth is needed to deliver on global climate goals

James Murray
clock 27 January 2022 • 4 min read
Bentley Motors

'The world is changing': Bentley announces £2.5bn electrification investment programme

Luxury car maker announces plans to transform its Midlands plant into an electric vehicle production facility, as Tesla posts record profits

Cecilia Keating
clock 27 January 2022 • 2 min read
Ola Electric is best known for manufacturing two-wheel electric scooters | Credit: Ola Electric

Ola Electric plots £100m EV engineering and design hub in Coventry

Indian EV manufacturer's announces plans for 'global hub' in UK signalling major boost for UK automotive sector

Michael Holder
clock 27 January 2022 • 2 min read