Partnership will see Arrival's electric buses trialled on UK roads for the first time later this year
The move will provide around half a billion pounds in cash proceeds for the EV innovator, helping fund mass production at its microfactories planned to begin next year
Arrival secures major funding boost, as it confirms plan for first US 'microfactory' capable of delivering 10,000 electric vans a year
Arrival has emerged as a major player in the fast expanding commercial EV fleet market
The investment follows Kia's recent launch of a $25bn strategy intended to make it a leader in electric vehicle and mobility services.