Arrival on the verge of bankruptcy. Administrators appointed for its subsidiaries

Following several news reports coming from England (here one of our latest posts), Arrival seems to be really close to the end of its business. In the last few days, the company announced the appointment of Simon Edel, Alan Hudson and Sam Woodward of EY-Parthenon’s Turnaround and Restructuring Strategy team as joint administrators of Arrival UK Ltd and Arrival Automotive UK Limited, both subsidiaries of Arrival.

The administrators are now exploring options for the sale of the business and assets of the Companies, including the electric vehicle platform, software, intellectual property and R&D assets, for the benefit of creditors.

Highlights

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Arrival on the verge of bankruptcy. Administrators appointed for its subsidiaries

Highlights

Towards the Sustainable Truck of the Year Awards 2025. Find out the 13 finalists in 4 different categories

Zero-emission power boost to the tractor-trailer combination. Our interview with the founder of Trailer Dynamics

Nikola in need of new source of money to continue its business

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