Electric van manufacturer Arrival has announced the intention fo cut workforce by further 25%. The UK-based company has been quite in trouble for some months and was forced to deeply change its own business. Arrival won’t be building neither electric cars nor electric buses anymore and had announced the intention to focus only on the North American market.

There’s no peace for the workforce within Arrival

Following the workforce reduction action happened in January, the overall Arrival workforce counted more or less 800 people. Some months later, the company managed to get further cash injection from Westwood Capital to reach the end of the year. Today’s news is not a good one for the Arrival project and the people currently involved.

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

Media reports say that the manufacturer has got the money to survive no longer than one quarter in 2025. Nikola managed to sell something like 200 hydrogen fuel cell trucks in the first 3 quarters of the year. At the same time, the company has been facing trouble for quite a long time, with the need...
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