First there were unmistakable fully electric vans for UPS that can drive autonomously in the depot. Then it was time to design and assemble zero-emission buses for FirstGroup. Now Arrival, one of the new British car start-ups, wants to manufacture taxis for the transport service provider Uber.
The company, which grew out of a design studio in Kensington, London to build assembly operations in Banbury and Bicester, Oxfordshire, has ridden the barrage of investors looking to make money from electric vehicles, which valued Tesla at $ 1 trillion, a big start -up, Rivian, at a $ 100 billion point in time.
Arrival, founded by British Russian billionaire Denis Sverdlov, was converted into a Spac acquisition shell on
