Arrival

Arrival manufactures commercial electric vehicles through a modular microfactory approach.

London, UK—Founded 2015

$203MTotal raised

Arrival builds commercial electric vehicles using flexible microfactories and proprietary technology. The firm aims to lower production costs and emissions through localised manufacturing.

Founders

Denis Sverdlov

Founder and CEO

Investors

Growth14 October 2020
$118M
B
BlackRockLead
Growth16 January 2020
£85.2M
HM
Hyundai Motor CompanyLead
Kia Motors CorporationLead

Funding history

Growth14 October 2020

$118M

Arrival raises $118m from BlackRock to fund global expansion and US manufacturing.

The growth private equity investment was led by BlackRock to support the launch of the company first US microfactory.

Growth16 January 2020

£85.2M

Arrival secures £85.2m from Hyundai and Kia to accelerate commercial electric vehicle production.

Hyundai and Kia led the investment round to support the joint development of commercial electric vehicles.