Arrival is running out of cash — and fast

The high-cost of trying to develop and produce vehicles, a business pivot and three restructurings has taken a toll on commercial EV maker Arrival. And it doesn’t look like it’s going to get any easier for the company. Arrival, which went public in 2021 via a merger with a special purpose acquisition company, posted preliminary fourth-quarter and […] Arrival is running out of cash — and fast by Kirsten Korosec originally published on TechCrunch...