LUXEMBOURG, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it intends to hold a business update for the second quarter of 2023 in early September 2023. The Company will announce the exact date and time of the update at which it will host a corresponding webinar in due course. The live... Read More

LUXEMBOURG, July 20, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that the Nasdaq Stock Market LLC (“Nasdaq”) has determined to grant Arrival an exception to Listing Rule 5250(c)(1) (the “Rule”), giving Arrival an extension of the deadline to file its Annual Report on Form 20-F for the fiscal year... Read More

Kensington Capital Acquisition Corp V (NYSE: KCGI.U) and Arrival (Nasdaq: ARVL) have agreed to terminate the business combination agreement signed April 6, 2023 Following the termination of the agreement, Arrival intends to pursue alternative fundraising opportunities. Arrival has engaged TD Cowen to assist in developing other strategic opportunities. LUXEMBOURG and WESTBURY, N.Y., July 03, 2023 (GLOBE NEWSWIRE) -- Arrival... Read More

LUXEMBOURG, June 06, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL; the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it has agreed to amend the debt-to-equity transaction agreement with Antara Capital Master Fund LP (“Antara”), resulting in its exchange of $20 million principal amount of 3.50% convertible notes due 2026 (“Notes”) for 3,024,194 ordinary... Read More

Business Combination Agreement with Kensington Capital Acquisition Corp. V to Provide Additional Manufacturing Expertise and Up to $283 Million From Cash in Trust First Quarter Ending Cash Position of $130 Million LUXEMBOURG, May 15, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today provided business updates for... Read More

LUXEMBOURG, May 05, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it received a notice (the “Notice”) on Tuesday, May 2, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 20-F for... Read More

LUXEMBOURG, May 03, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it will report financial results and business updates for the first quarter ended March 31, 2023 after the U.S. markets close on Monday, May 15, 2023. The Company will host a corresponding webinar at 4:30 p.m. Eastern Time on that... Read More

LUXEMBOURG, April 28, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL; the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the "Rule") for continued listing on the... Read More

Aiming to meet the minimum value bid requirement for maintaining listing on Nasdaq Company’s authorized share capital will be U.S.$540,000, divided into 54,000,000 Ordinary Shares Shareholders’ percentage ownership interest will not be affected LUXEMBOURG, April 11, 2023 (GLOBE NEWSWIRE) -- Arrival (Nasdaq: ARVL) (“Arrival” or the “Company”), inventor of a unique new method of design and production of electric vehicles... Read More

LUXEMBOURG, April 10, 2023 (GLOBE NEWSWIRE) -- Arrival , (Nasdaq: ARVL) (“Arrival” or the “Company”), held an extraordinary general meeting of shareholders (“EGM”) on April 6, 2023, and shareholders approved all of the resolutions proposed by the Arrival board of directors. Among other resolutions, the EGM approved a share consolidation of all the shares of the Company by means of a reverse stock split at a consolidation... Read More

Arrival (Nasdaq: ARVL) has entered into a business combination agreement with Kensington Capital Acquisition Corp. V (NYSE: KCGI.U). Upon closing, the combined company's ordinary shares are expected to be listed on Nasdaq under the ticker symbol "ARVL." Arrival is developing an innovative Class 4 (“XL”) Van that the Company believes offers a high-quality user experience and lower cost of ownership for commercial operators.... Read More

LUXEMBOURG, March 16, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, has announced today that Dr. Yunseong Hwang has stepped down from the Arrival Board of Directors, effective immediately. Dr. Hwang has served on Arrival’s Board of Directors since July 2021 and was a member of the Nominating and Corporate... Read More

$300M Equity Financing Line with Westwood Capital Provides Additional Liquidity Extraordinary General Meeting of Shareholders to Approve Reverse Stock Split LUXEMBOURG, March 13, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL; the “Company”) is today announcing a $300 million equity financing line established with Westwood Capital. At the same time, the Company is also announcing the convening of an Extraordinary General... Read More

Ended Q4 with $205 Million of Cash on Hand Business Update will be held Monday, March 13, 2023 at 4:30 P.M. LUXEMBOURG, March 09, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported preliminary financial results for the fourth quarter and full year ended December 31, 2022. The Company will conduct its... Read More

Raises $50 million of new equity capital through the sale of equity to Antara Capital Master Fund LP (“Antara”) Reduces principal amount of debt due in 2026 by $121.9 million, or 38% Antara has committed to hold 100 million shares for one year LUXEMBOURG, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) (“Arrival” or “the “Company”) today announced it will raise up to $50 million of new equity capital through the... Read More

LUXEMBOURG, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) today announced that it will report financial results for the fourth quarter and full year 2022 ending December 31, 2022 and a business update before the U.S. markets open on Thursday, March 9, 2023. The Company will host a corresponding webinar at 8:00 a.m. Eastern Time on that day. The live webinar will be accessible on the Company’s website at... Read More

LUXEMBOURG, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) today announces the appointment of Igor Torgov, former Arrival EVP of Digital, as CEO. The Board has unanimously voted in Igor to effect the planned restructuring of its business and to support Arrival’s mission to master a radically more efficient New Method to design and produce electric vehicles. Igor Torgov’s appointment will take effect from today,... Read More

LUXEMBOURG, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) (the “Company”), announces that Mr. F. Peter Cuneo has been appointed as Interim Chief Executive Officer. Mr. Cuneo stated, “I intend to bring the full depth of my experience to this operational role, ensuring that the Company executes on its next set of strategic goals. I look forward to working closely with Denis, the rest of the Board and our employees... Read More

LUXEMBOURG, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported financial results and a business update for the third quarter ended September 30, 2022. “2022 has been a challenging year for Arrival as well as the entire sector but we are agile in responding to these challenges. Our valuable IP... Read More

On October 31, 2022, Arrival (NASDAQ: ARVL) (the “Company”), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, received a notification (the “Notification”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) because the closing bid price of the Company’s ordinary shares (the “Shares”) was below $1.00 per... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today announced a proposal that would see the company refocus its resources on the US market while further advancing its enabling technologies. Arrival has achieved critical milestones this year including Bus and Van certification in Q2 and produced the first production verification L Van in... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the third quarter ending September 30, 2022 before the U.S. markets open on Tuesday, November 8, 2022. The Company will host a corresponding webinar at 8:00 a.m. Eastern Time on that day. The live webinar will be accessible on... Read More

Arrival (NASDAQ: ARVL) today announced that it has produced the first production verification vehicle from its Bicester Microfactory. Arrival produced the first Van in a Microfactory using in-house technologies, including composite materials, autonomous mobile robots, in-house components and a software defined factory. The... Read More

Reaffirms start of production this quarter in Bicester ATM platform established to access additional capital MOUs and Orders worth over $6b in potential revenue Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today reported financial results for the second quarter ended June 30, 2022. “We have had big achievements in Q2 including... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the second quarter ending June 30, 2022 before the U.S. markets open on Thursday, August 11, 2022. The Company will host a corresponding webinar at 8:00 a.m. Eastern Time on that day. The live webinar will be accessible on the... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today confirmed that it has proposed a reorganisation of its business in response to the challenging economic environment as it focuses on its next major milestone - starting production of the Arrival Van in Q3 2022. Arrival has proposed plans that include a realignment of the... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that the Arrival Van has achieved EU certification and received European Whole Vehicle Type Approval (EUWVTA). Arrival successfully completed all the required functional and safety testing to achieve EUWVTA, which is a critical step towards starting trials with... Read More

Enel X, Enel's subsidiary dedicated to innovative products and services, together with Arrival (NASDAQ: ARVL), pioneer of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, have entered into a partnership to test the zero-emission battery electric bus in Italy. The aim is to foster the growth of electrified public transport globally through increasingly high-performance... Read More

Arrival , a public limited liability company ( société anonyme ) governed by the laws of the Grand Duchy of Luxembourg, having its registered office at 60A, rue des Bruyères, L-1274 Howald, Grand Duchy of Luxembourg and registered with the Luxembourg register of commerce and companies ( Registre de commerce et des sociétés, Luxembourg ) under number B 248209 (“ Arrival ” or the “ Company ”) (NASDAQ: ARVL) held both its... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that members of its management team will present and/or host one-on-one meetings at the following investor conferences: J.P. Morgan European Automotive Conference Date : Wednesday, June 8, 2022 Company Presentation Time : One-on-one meetings only Location : London, UK... Read More

Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that physical type approval testing is now complete for the Van, and Arrival expects to receive official paperwork over the coming weeks for European Whole Vehicle Type Approval (EUWVTA). "This is another milestone achievement for Arrival following the recent... Read More

Achieved key milestone of Bus Certification Van Certification expected in Q2; over 70% of tests already passed Van SOP expected in Q3 with 400-600 Vans to be produced this year Arrival (NASDAQ: ARVL), pioneer of a unique new method of design and production of affordable electric vehicles (EVs) by local Microfactories, today reported financial results for the first quarter ended March 31, 2022. “Our ambition is to create... Read More