The company’s autonomous ready platform will start life in the commercial vehicle segment where the rise of e-commerce, predictable routes and overnight depot charging form the perfect combination to help drivers make a seamless switch to EVs. Microfactories don’t use costly metal stamping presses, welding or paint shops and don’t use fixed assembly lines. The investment from funds managed by BlackRock will support execution of Arrival’s growth plans, including the launch of first US Microfactory. The company is undergoing trials with DHL, UPS, Royal Mail and is partnered with John Lewis Partnership ahead of full scale production in 2021. “This additional capital will be invested into Arrival’s growth, as we deepen and expand our presence in the U.S. and other new markets globally,” founder and CEO Denis Sverdlov said.
The $46 million facility will be able to make as many as 1,000 electric buses a year and employ 240 people when it opens late next year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he company says it can set up and equip a microfactory in a conventional warehouse space in about six months, rather than requiring hundreds of acres of land needed for a large-scale plant.
(from the right) On January 16, Albert Biermann, President and Head of Research and Development Division for Hyundai Motor Group, and Denis Sverdlov, CEO of Arrival…
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Arrival Ltd announces today that Mike Ableson joins the organisation as CEO of Arrival Automotive North America and will lead the electric vehicle company’s expansion to this market. Arrival, the technology company focused on commercial electric vehicles announced it has raised $118 million from funds managed by BlackRock. A robotic assembly cell at Arrival's microfactory. Technology company Arrival has announced that automotive veteran Mike Ableson has joined the organisation as CEO of North America. Proviene da Share Now e Car2go, Hyundai rinnova i30 e lancia la i10 “sportiva”. ... EV Infrastructure and Global Strategy, brings over 35 years of automotive experience and will be reporting directly to CEO of the Arrival Group, Denis Sverdlov. “With our new microfactory in South Carolina, we are looking forward to partnering with more cities and companies to create a sustainable future.”. Established in 1967, Hyundai Motor Company is committed to becoming a lifetime partner in automobiles and beyond with its range of world-class vehicles and mobility services available in more than 200 countries.
Arrival CEO Denis Sverdlov (left) with Hyundai's Albert Biermann.
Arrival. That boosted its valuation to more than $3 billion.
Federauto: «Servono misure strutturali», Mathieu Bernasconi responsabile nuova mobilità Toyota Europe.
All Rights Reserved, This is a BETA experience. Arrival hasn’t provided prices for its bus, but diesel-powered models go for about $500,000 each and battery-powered versions can sell for at least $200,000 more.
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The fundraising will be used to support execution of the company’s growth plans as it ramps up vehicle production, including the launch of Arrival’s first U.S. Microfactory in South Carolina. Hyundai and Kia, the cross-owned South Korean carmakers, have spent €100 million taking a 3 per cent stake in Arrival, a company that is hoping to make zero-emission delivery vans for the Royal Mail and John Lewis, the retailer. “We are excited to welcome BlackRock as a strategic financial investor with its excellent track record in ESG,” said Denis Sverdlov, Founder and CEO of Arrival.
Other executives include Avinash Rugoobur, President & Chief Strategy Officer; Sergey Malygin, Chief Technology Officer. Hyundai Motor Company and Kia Motors Corporation are investing €100M in the UK based electric vehicle company Arrival.
Founded in London in 2015 by entrepreneur Sverdlov, who made an undisclosed fortune from his sale of Russian cell phone company Yota in 2012, Arrival aims to be a leading provider of electric trucks and buses as demand for emission-free vehicles expands. Tim Holbrow CFO. Follow ... SVERDLOV, Denis Correspondence address 71-75, Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ ... Chief Executive Officer TIKHONOV, Alexey Correspondence address Whiteways Technical Centre, Chipping Norton, Oxfordshire, OX7 … Arrival's Chief Executive Officer is Denis Sverdlov. Instead of building massive, multibillion-dollar auto plants, Arrival says it can hold down the cost of battery-powered vehicles by using lighter-weight materials, including aluminum instead of steel for the frame, and body panels made of proprietary composite materials developed in-house.
Denis Sverdlov Founder & CEO. “This additional capital will be invested into Arrival’s growth, as we deepen and expand our presence in the U.S. and other new markets globally,” founder and CEO Denis Sverdlov said. Arrival's new funds will help it get into production of electric vans and buses at microfactories in ... [+] the U.S. and U.K. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!! Albert Biermann, presidente e responsabile della divisione ricerca e sviluppo di Hyundai Motor Group, e Denis Sverdlov, CEO di Arrival, hanno firmato al riguardo un contratto presso la sede di Hyundai e Kia a Seoul All’investimento totale, Hyundai contribuirà con 80 milioni di euro e Kia (che fa parte dello stesso gruppo) con 20 milioni. A serial entrepreneur having built and exited multiple companies, Denis’ most recent success was with Yota - the telecoms company that pioneered the biggest 4G network in Russia.