EV startup Arrival looks to sell off assets, intellectual property of UK division
Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its UK 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 UK assets and intellectual property […] © 2024 TechCrunch. All rights reserved. For personal use only.
Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its UK 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 UK assets and intellectual property […]
© 2024 TechCrunch. All rights reserved. For personal use only.