In addition to UPS, BlackRock and the South Korean automakers Hyundai and Kia have invested in Arrival. Electric vehicle companies have attracted frenzied interest from investors, who hope to … Arrival’s first publicly announced product, an electric van for “last-mile” delivery in cities, will begin trials with United Parcel Service, a US courier, at the end of February. It’s body shell is also durable and resilient to damage. GVW: 3.5T / 4.25T. Canoo plans to hit $1 billion in sales around 2024. Arrival has gone from stealthy electric vehicle startup to prospective public company in a span of a year. This would also see sales … Arrival, an electric vehicle maker backed by Hyundai and Kia that’s preparing to build electric delivery vans for UPS, just raised $118 million from investment giant BlackRock BLK -1.9% to … Another electric vehicle company is going public via the SPAC route with a new deal confirmed Wednesday.The Deal: Arrival, a U.K. electric vehicle company, is going public via … Jaguar's first electric vehicle is now in its second year of sales. Below is our latest long-term forecast for new electric vehicle (BEV and PHEV) sales in the US through 2030. If electric vehicle sales gradually ramped up to 60 percent over the next 30 years, as projected by analysts at I.H.S. Steve Hanley. The I-Pace competes with the Tesla Model X but costs considerably less. The Arrival Van is constructed from a hybrid of aluminium frame and thermoplastic-composite panels, making it much lighter than stamped metal counterparts. Arrival, with an order for 10,000 electric delivery vans for UPS in its pocket, is creating its second US micro-factory in Charlotte, North Carolina. Published. Canoo is valued at about $4.7 billion based on the 245 million shares outstanding after the deal is completed. Specifications. EV sales should grow to reach approximately 29.5% of all new car sales in 2030 from an expect roughly 3.4% in 2021. Minimising the need for repairs - ensuring the vehicle is on the road for longer. By. This is the result, observers say, of green incentives, the arrival of many new models, and intensifying Markit, about 40 percent of cars on … EV sales in the EU surged ahead of China in 2020 to reach 1.4 million vehicles, 137 percent more than in 2019, despite overall vehicle sales being down 20 percent. Porsche's first battery-electric car arrives to take on the Tesla Model S. It initially went on sale in Turbo and Turbo S forms, packing 670 and 750 horsepower, respectively. 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