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British EV maker, once valued at $13B, has gone into bankruptcy

13 pointsby dsubburamover 1 year ago

5 comments

PlutoIsAPlanetover 1 year ago
Brexit has made car manufacturing in the UK less popular, no one is going to risk putting an investment into a car company in country that purposely puts up trade barriers and doesn't have a big enough domestic market.
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janulrichover 1 year ago
This is about Arrival, the EV Maker that went public in the UK, after receiving orders from UPS and Uber.
ksecover 1 year ago
Interesting I thought they were doing quite well, and they had orders from UBS last time I checked on them. And all of a sudden they are now going into bankruptcy?<p>Anyone has any insight to share?
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advisedwangover 1 year ago
<a href="https:&#x2F;&#x2F;archive.is&#x2F;LJkfo" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;LJkfo</a>
raszover 1 year ago
long time coming, 2022 <a href="https:&#x2F;&#x2F;www.engadget.com&#x2F;arrival-ices-bus-car-ev-projects-cash-093534294.html" rel="nofollow">https:&#x2F;&#x2F;www.engadget.com&#x2F;arrival-ices-bus-car-ev-projects-ca...</a><p>&gt;without making any sales<p>Wow, so they did nothing last two years.