ARVL • NASDAQ
Arrival SA
$9.62
After Hours:
$9.63
(0.10%)+0.0099
Closed: Nov 26, 4:57:04 PM GMT-5 · USD · NASDAQ · Disclaimer
StockUS listed securityLU headquartered
Previous close
$9.55
Day range
$9.18 - $9.65
Year range
$8.87 - $37.18
Market cap
6.39B USD
Volume
4.30M
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financial performance
(EUR)Sep 2021Year/year change
Revenue
--
Net income
-26.39M-18.21%
Diluted EPS-0.04-
Net profit margin--
Operating income-45.96M-123.04%
Net change in cash-64.34M-124.87%
Cash on hand380.70M-
Cost of revenue--
About
Arrival Ltd is a British-American electric vehicle manufacturer headquartered in London, UK, of primarily lightweight commercial vehicles. In June 2020, Arrival announced a new passenger bus designed for coronavirus-era social distancing. R&D takes place at their facility in Banbury, Oxfordshire. In March 2020, Arrival acquired a new factory in Bicester with plans to be operational by 2021 and start production in 2022. In December 2020, Arrival established its North American headquarters in Charlotte, NC, USA. Arrival claims that their electric vehicles are the first EVs that cost the same as petrol and diesel equivalents. The company has created an electric vehicle platform that can be scaled to make many variants in multiple vehicle categories. It was announced that Arrival had raised $118 million from US funds manager BlackRock Inc in October 2020, adding to previous investment from Korean automaker Hyundai Motor Co and sister company Kia Motors Corp of $111 million. In November 2020, it was announced that Arrival would list on NASDAQ by merging with special-purpose acquisition company CIIG Merger Corp. Wikipedia
Founded
Mar 6, 2015
Headquarters
Employees
2,438
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