Arrival Van Completes All Type Approval Testing
June 01 2022 - 7:30AM
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 certification of our Bus, and is a testimony to our
innovative technologies and our unique new method of design and
production of electric vehicles. We are excited to see our
customers start to operate our vehicles later this year," said
Denis Sverdlov, Founder and CEO at Arrival.
Arrival expects to receive official paperwork over the coming
weeks for the European Whole Vehicle Type Approval (EUWVTA) and is
expecting to start production of the Van in Bicester, UK in Q3 2022
and Charlotte, NC, USA in Q4 2022.
About ArrivalArrival was
founded in 2015 with a mission to make air clean by replacing all
vehicles with affordable electric solutions - produced by local
Microfactories. Seven years and over 2,000 people later, we are
driving the transition to EVs globally by creating products that
are zero-emission, more desirable, more sustainable and more
equitable than ever before. Our in-house technologies enable our
unique new method of design and production using rapidly-scalable,
local Microfactories around the world. This method facilitates
cities and governments in achieving their sustainability goals
whilst also supercharging their communities. We are a technology
company, a product company, a supply chain company, an automotive
company, a mobility company, a fintech company and a service
company - all rolled into one with a shared goal of true
sustainability. This vertically integrated business model is how we
can have the radical impact our world needs today. Arrival (NASDAQ:
ARVL) is a joint stock company governed by Luxembourg law.
Forward Looking StatementsThis
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. Such statements are made pursuant to the safe harbour
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 press release.
Media ContactsMedia
pr@arrival.com
Investors ir@arrival.com
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