Electric van manufacturer Arrival has announced the intention fo cut workforce by further 25%. The UK-based company has been quite in trouble for some months and was forced to deeply change its own business. Arrival won’t be building neither electric cars nor electric buses anymore and had announced the intention to focus only on the North American market.

There’s no peace for the workforce within Arrival

Following the workforce reduction action happened in January, the overall Arrival workforce counted more or less 800 people. Some months later, the company managed to get further cash injection from Westwood Capital to reach the end of the year. Today’s news is not a good one for the Arrival project and the people currently involved.

Highlights

Related articles

Flexis is now fully owned by Renault Group

Renault Group has obtained all the necessary regulatory approvals to acquire the stakes held by Volvo Group and CMA CGM Group in Flexis (45% and 10% respectively), bringing its ownership to 100% and making Flexis a wholly owned subsidiary of Renault Group.