Arrival - ARVL STOCK NEWS

Arrival (NASDAQ: ARVL) announced the completion of physical type approval testing for its Van, expecting to receive the European Whole Vehicle Type Approval (EUWVTA) paperwork soon. This milestone follows the recent certification of their Bus, showcasing Arrival's innovative electric vehicle (EV) design and production methods through local Microfactories. Production of the Van is set to begin in Bicester, UK, in Q3 2022 and in Charlotte, NC, USA, in Q4 2022, contributing to sustainability goals and local community development.

Arrival (NASDAQ: ARVL) achieved significant milestones in its electric vehicle production, including the certification of its zero-emission Bus, critical for public road use. Over 70% of Van certification tests have been passed, with production expected to start in Q3 2022. Financially, the company reported a Q1 2022 loss of $10.4 million, a substantial decrease from $1.15 billion the previous year, while adjusted EBITDA loss was $66.9 million. With cash reserves of $735 million, Arrival anticipates an Adjusted EBITDA loss of $185-225 million for the full year and a production target of 400-600 Vans.

Arrival, listed on NASDAQ under the symbol ARVL, announced that its Arrival Bus has received EU Whole Vehicle Type Approval (EUWVTA), marking a significant milestone for the company. This certification confirms that the Arrival Bus meets all required safety standards, paving the way for its operation on public roads in Europe and the UK. The bus features innovative design elements and technology, promoting sustainability in public transportation. This achievement underscores Arrival's unique approach to electric vehicle production through local Microfactories.

Arrival (NASDAQ: ARVL) announced it will release its Q1 2022 financial results on May 10, 2022, before U.S. markets open. The company will host a webinar at 8:00 a.m. ET on the same day, which can be accessed via its website. Arrival focuses on producing affordable electric vehicles using local Microfactories to drive sustainability. Since its founding in 2015, it has aimed to facilitate the transition to zero-emission transportation, enhancing community sustainability and economic growth.

Arrival (NASDAQ: ARVL) reported preliminary unaudited financial results for Q4 and FY 2021, highlighting key developments in vehicle production and orders. The company's non-binding orders and LOIs have more than doubled to approximately 134,000 vehicles. Expected losses for Q4 stand at €37-46 million, while the full year loss is anticipated between €1,087-1,096 million. With a robust cash position of €796 million at year-end, Arrival aims to begin production of 400-600 vans in 2022, alongside bus trials. Key production milestones are set for Q2/Q3 2022.

Arrival (NASDAQ: ARVL), a leader in affordable electric vehicle (EV) production via local Microfactories, announced key presentations at two upcoming virtual investor conferences. The Cowen 2nd Annual Mobility Disruption Conference is set for March 3 at 8:00 am ET, followed by the Jefferies/BNP Paribas Exane Spring Autos Conference on March 8 at 9:40 am ET. Webcasts will be accessible in the Investor Relations section of the company's website. Founded in 2015, Arrival is committed to driving the transition to zero-emission EVs globally, emphasizing sustainability and community empowerment.

Arrival (NASDAQ: ARVL) will report its financial results for Q4 and the full year ending December 31, 2021, on March 2, 2022, prior to market opening. The company, known for its innovative manufacturing method using local Microfactories to produce affordable electric vehicles, will host a webinar at 8:00 a.m. ET that day to discuss these results. Interested parties can access the live event on Arrival's investor website.

Founded in 2015, Arrival aims to contribute to sustainability by providing zero-emission vehicles and supporting cities in achieving their environmental goals.

Arrival (NASDAQ: ARVL) announced that its management team will present at the virtual Needham Growth Conference on January 14, 2022, at 11:30 am ET/4:30 pm BST. The event will be available via webcast on their Investor Relations website. Founded in 2015, Arrival aims to revolutionize the electric vehicle market through locally produced, affordable EVs using Microfactories. They focus on creating zero-emission vehicles that support sustainability goals for cities and communities worldwide, leveraging innovative in-house technologies.

Arrival (NASDAQ: ARVL) has begun proving ground trials for its electric Arrival Bus at a UK testing facility in Q4 2021, on schedule for EU certification and public road trials in 2022. The Bus aims to enhance public transportation with features such as modular design and full connectivity via Arrival's software ecosystem. Strong interest from governments looking to upgrade public transportation networks has been noted. The company anticipates beginning production in Q2 2022, leveraging local Microfactories to support its sustainability goals.