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The EV maker’s stocks have plunged by 95% since it joined the New York market
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UK jobs could be cut to keep the company afloat
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Arrival will now commence testing of the car and will incorporate the feedback into the next design phase
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The investment will support Arrival’s growth plans as it ramps up vehicle production as well as its ‘Microfactory’ that allows it to build small production facilities close to its customers at low cost
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They have signed a contract for investment in Arrival and for the joint development of electric vehicles
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The firm plans to trial the low carbon vans in London and Paris
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