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Arrival (ARVL) to reportedly shelve Bus and Uber Car to cut costs and prioritize Van deliveries

Arrival Van

Recent news out of London affirms previous statements from UK-based EV start-up Arrival – which has said it plans to cut at least one-third of its costs amid waning cash flow in order to get production of its electric Van over the starting line. The company aims to begin generating revenue off the Arrival Van before circling back to the development of its two other electric vehicles, the Bus and Car.

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We got a sneak peek of the Arrival Van ahead of US production later this year

Arrival Van US

While its initial production will begin in the UK, the Arrival Van will eventually be produced on US soil as well. In the meantime, we were able to go see the commercial EV up-close in the Big Apple and learn more about its progress first hand from Arrival President Avinash Rugoobur and CEO of Arrival North America, Mike Ableson.

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Arrival unveils its roomy rideshare Car prototype designed with Uber ahead of testing next year

Arrival Car

Following the partnership announced earlier this year, Arrival has now shared a first look at its Car EV, designed specifically for rideshare drivers with Uber’s help. The Arrival Car features a hood to rear panoramic roof, foldable front seat, and passenger legroom that the automaker claims is greater than a Rolls Royce.

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