|EV startup Arrival looks to sell off assets, intellectual property of UK division
|Posted by: TechCrunch on Feb 5th, 2024 7:17 PM
Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its U.K. 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 U.K. assets and intellectual property […]
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