Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its U.K. division is entering administration, the country’s version of bankruptcy. The troubled company, which went public in 2021 via a merger with a special purpose acquisition company, said it’s looking to sell its U.K. assets and intellectual property […]
© 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/02/05/arrival-uk-administration-sale-assets/