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LUXEMBOURG, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of equitable electric vehicles (EVs) by local Microfactories, today announced that it will report financial results for the third quarter ending September 30, ...
Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Kokoulina / Shutterstock.com Carnival (NYSE: CCL ) stock isn’t doing so hot on Friday as investors react to the cruise company’s latest earnings report . During the third quarter of 2022...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Charles Knowles / Shutterstock.com Micron (NASDAQ: MU ) stock is on the move Friday after the company released its earnings report and got new subsidies for chip production. Starting with the earnings ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: ventdusud / Shutterstock.com We’re closing out the trading week with a breakdown of the biggest pre-market stock movers for Friday! We’ve got earnings, a new partnership, companies going public...
Arrival ( NASDAQ: ARVL ) shares surged 27% premarket on Friday after the U.K. electric vehicle maker announced production of the first production verification vehicle from its Bicester Microfactory. The first van was produced using in-house technologies, including comp...
See HERE for press kit LONDON, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) today announced that it has produced the first production verification vehicle from its Bicester Microfactory. Arrival produced the first Van in a Microfactory using in-house t...
Markets are in "risk-off" mode again today with shares of companies in more speculative sectors like electric vehicles (EVs) taking some of the hardest hits. Shares of EV charging network company ChargePoint Holdings (NYSE: CHPT) , for example, were down 5.2% as of 12:05 p.m. ET. Th...
Summary Positive news in the early summer gave false hope in Arrival’s performance. It was dashed by reality during Q2 earnings call. Manufacturing issues prevailed and made Arrival restructure its business. However, announced “cost-cutting” plans do not decre...
Summary Arrival strives to be the inventor of a radical new method in producing electric vehicles using its microfactories. The initial prospectus was very promising as it looked to disrupt the traditional production line and bring in high margins. Delays and unfulfilled promi...
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