Arrival co-developing its Automotive Open Data Platform with Microsoft
August 05 2021 - 9:00AM
Arrival, the technology company creating electric vehicles (EVs)
using its unique technologies, today announced it will be
co-developing its digital fleet and vehicle capabilities for the
automotive industry with Microsoft. This cloud-based approach using
Microsoft Azure will enable advanced uses of telemetry, vehicle and
fleet data management across vehicle fleets.
An ever-increasing amount of data is produced and stored in the
cloud by individual vehicles and fleets globally, but there is
currently no standardised way of managing and utilising that data
flow. Arrival plans to develop models with Microsoft that simplify
the sharing of data within a mobility and freight ecosystem. These
multi-tenant data ownership models will also increase the utility
of shared data and serve as a foundation for multiple different
stakeholders - including OEMs, suppliers, cities, and freight and
logistics companies - to securely and responsibly analyse these
swathes of data and apply valuable insights to their business. This
will provide these stakeholders full transparency and control over
what data is shared and with who - enabling them to benefit from
their data in ways never before possible. For example, this
approach could allow easier access for an insurance company to
process claims or set premiums to better understand and manage risk
while remaining competitive in the market, or for cities to benefit
from understanding more about traffic flows and how to collectively
optimize the performance of transportation and freight
providers.
The resulting open data platform will use Azure and machine
learning to extract insights from the data, and edge computing to
minimize vehicle-to-cloud data flow. By implementing a unified,
canonical data standard and transparent data sharing policy, the
insights drawn will enable improved vehicle designs, advanced fleet
logistics and help spur advancements in mobility ecosystems and
business models.
Arrival will be amongst the pioneers for this next generation of
vehicle and fleet management and will demonstrate the many benefits
of being able to manage and process data in this way. Its connected
and intelligent vehicles combined with the development of new
automotive capabilities will showcase best practice with regards to
data management and analytics for this sector. Arrival will utilise
data insights to increase the efficiency for its customers
operations. Arrival will also be able to use the platform to share
data with other partners looking to develop solutions based on
those insights.
“Arrival is bringing zero emission mobility solutions to
communities globally. Data management and analysis is crucial to
bringing customized, affordable and equitable solutions to the
world. With the rapid advances in technology across all areas, we
need a standardised way of collecting, assimilating and sharing
that data so all can share in the full benefits of what connected
vehicles can bring,” said Avinash Rugoobur, President of Arrival.
“Working closely with Microsoft to develop and then demonstrate the
huge advantages of having an open data platform for vehicles and
fleets will be truly ground-breaking for companies and cities
around the world.”
“Microsoft has always been at the forefront of enabling customer
and partner ecosystems to make effective use of their data. The
automotive industry will benefit from better capabilities to
standardize and share data, and we are pleased to collaborate with
Arrival to accelerate the development of their open data platform
for vehicles and fleets.” said Sanjay Ravi, General Manager,
Automotive, Mobility & Transportation Industry, Microsoft.
About Arrival
Arrival (NASDAQ: ARVL), a joint stock company (société anonyme)
governed by the laws of the Grand Duchy of Luxembourg, is
reinventing the automotive industry with its entirely new approach
to the design and assembly of electric vehicles. Low CapEx, rapidly
scalable Microfactories combined with proprietary in-house
developed components, materials and software, enable the production
of best in class vehicles competitively priced to fossil fuel
variants and with a substantially lower total cost of ownership.
This transformative approach provides cities globally with the
solutions they need to create sustainable urban environments and
exceptional experiences for their citizens. Arrival is a global
business founded in 2015 and headquartered in London, UK and
Charlotte, North Carolina, USA, with more than 2,100 global
employees located in offices across the United States, Germany, the
Netherlands, Israel, Russia, and Luxembourg. The company is
deploying its first four microfactories in North Carolina, USA,
South Carolina, USA, Bicester, UK and Madrid, Spain.
Forward Looking Statements This press release
contains certain forward-looking statements within the meaning of
the federal securities laws, including statements regarding the
products offered by Arrival and the markets in which it operates,
Arrival’s ability to produce electric commercial vehicles, and
expectations regarding the benefits of Arrival’s Microfactories.
These forward-looking statements generally are identified by the
words “believe,” “project,” “expect,” “anticipate,” “estimate,”
“intend,” “strategy,” “future,” “opportunity,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely
result,” and similar expressions. Such statements are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and are based on management’s belief or
interpretation of information currently available. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
document, including, but not limited to: (i) the impact of COVID-19
on Arrival’s business; (ii) the risk of downturns and the
possibility of rapid change in the highly competitive industry in
which Arrival operates, (iii) the risk that Arrival and its current
and future collaborators are unable to successfully develop and
commercialize Arrival’s products or services, or experience
significant delays in doing so, (iv) the risk that Arrival may
never achieve or sustain profitability; (v) the risk that Arrival
experiences difficulties in managing its growth and expanding
operations, (vi) the risk that third-parties suppliers and
manufacturers are not able to fully and timely meet their
obligations; (vii) the risk that the utilization of Microfactories
will not provide the expected benefits due to, among other things,
the inability to locate appropriate buildings to use as
Microfactories, Microfactories needing a larger than anticipated
factory footprint, and the inability of Arrival to deploy
Microfactories in the anticipated time frame; (viii) the risk that
the orders that have been placed for vehicles, including the order
from UPS, are cancelled or modified; (ix) the risk of product
liability or regulatory lawsuits or proceedings relating to
Arrival’s products and services; and (x) the risk that Arrival will
need to raise additional capital to execute its business plan,
which may not be available on acceptable terms or at all; and (xi)
the risk that Arrival is unable to secure or protect its
intellectual property. The foregoing list of factors is not
exhaustive. You should carefully consider the foregoing factors and
the other risks and uncertainties described in the “Risk Factors”
section of Arrival’s annual report on Form 20-F filed with the U.S.
Securities and Exchange Commission (the “SEC”) on April 30, 2021
and other documents filed by Arrival with the SEC from time to
time. Readers are cautioned not to put undue reliance on
forward-looking statements, and Arrival assumes no obligation and
does not intend to update or revise these forward-looking
statements, whether as a result of new information, future events,
or otherwise. Arrival does not give any assurance that Arrival will
achieve its expectations.
Media contact, Arrival Rachael CharltonTel.:
+44 7803 438 393Email.: pr@arrival.com
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