Arrival Files Annual Report on Form 20-F with the SEC

Rhea-AI Summary

Arrival (NASDAQ: ARVL) has filed its annual report on Form 20-F for the year ending December 31, 2020, with the SEC on April 30, 2021. The comprehensive report, which includes audited consolidated financial statements, is accessible on the company's investor relations website and the SEC's website. Shareholders can request a free hard copy of the report from the IR Department. Arrival is focused on transforming the automotive industry with its innovative electric vehicle technologies and plans to deploy three microfactories in the USA and UK in 2021.

Positive

• Filing of the annual report indicates compliance with SEC regulations, which may boost investor confidence.
• The report includes audited consolidated financial statements, providing transparency to shareholders.

Negative

• None.

LONDON, April 30, 2021 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), the global company creating electric vehicles (“EVs”) with its game-changing technologies, today announced that it filed its annual report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission ("SEC") on April 30, 2021. The annual report can be accessed on the Company's investor relations website at investors.arrival.com as well as the SEC's website at http://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's IR Department at investors.arrival.com.

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About Arrival
Arrival (NASDAQ: ARVL) is reinventing the automotive industry with its entirely new approach to the design and assembly of electric vehicles. Low CapEx, rapidly scalable Microfactories combined with proprietary in-house developed components, materials and software, enable the production of best in class vehicles competitively priced to fossil fuel variants and with a substantially lower total cost of ownership. This transformative approach provides cities globally with the solutions they need to create sustainable urban environments and exceptional experiences for their citizens. Arrival is a global business founded in 2015 and headquartered in London, UK and Charlotte, North Carolina, USA, with more than 1800 global employees located in offices across the United States, Germany, the Netherlands, Israel, Russia, and Luxembourg. The company is deploying its first three microfactories in North Carolina, USA, South Carolina, USA and Bicester, UK in 2021.

Media Contacts

For Arrival
Media
pr@arrival.com

Investors
ir@arrival.com

FAQ

What is the significance of Arrival's Form 20-F filing on April 30, 2021?

The Form 20-F filing is a critical compliance document for Arrival, providing detailed financial information for the fiscal year ending December 31, 2020, which enhances transparency and investor trust.

How can investors access Arrival's annual report?

Investors can access Arrival's annual report on the company's investor relations website or the SEC's website.

What updates did Arrival provide regarding its microfactories in 2021?

Arrival announced plans to deploy three microfactories in North Carolina, South Carolina, and Bicester, UK, in 2021 as part of its strategy to revolutionize electric vehicle production.