Microfactory

Arrival’s Third Quarter 2022 Business Update

Retrieved on: 
Mardi, novembre 8, 2022
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LUXEMBOURG, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported financial results and a business update for the third quarter ended September 30, 2022.

Key Points: 
  • LUXEMBOURG, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported financial results and a business update for the third quarter ended September 30, 2022.
  • 2022 has been a challenging year for Arrival as well as the entire sector but we are agile in responding to these challenges.
  • Arrival will host a Zoom webinar at 8:00 A.M. Eastern Time today, November 8, 2022, to discuss its third quarter 2022 financial results and business update.
  • Readers are cautioned not to put undue reliance on forward-looking statements as they are subject to numerous uncertainties and factors relating to Arrivals operations and business environment, all of which are difficult to predict and many of which are beyond Arrivals control.

Arrival Announces Receipt of Nasdaq Non-Compliance Letter Regarding Minimum Bid Price Requirement

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Jeudi, novembre 3, 2022
Company, Private Securities Litigation Reform Act, Compliance, City, Nasdaq, GLOBE, EVS, New Method College, Intention, Microfactory, Forward-looking statement, NASDAQ, Notification, Auction, Share (finance)

The Notification has no immediate effect on the listing of the Shares, and the Shares continue to trade on the Nasdaq Capital Market under the symbol "ARVL.

Key Points: 
  • The Notification has no immediate effect on the listing of the Shares, and the Shares continue to trade on the Nasdaq Capital Market under the symbol "ARVL.
  • Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided with a grace period of 180 days, or until May 1, 2023, to meet the minimum bid price requirement under the Nasdaq Listing Rules.
  • Arrival (NASDAQ: ARVL) is a joint stock company governed by Luxembourg law.
  • This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the Companys intentions and considerations regarding regaining compliance with the minimum bid price requirement.

Arrival to Focus its Unique Technologies on the US Market

Retrieved on: 
Jeudi, octobre 20, 2022
Inflation, ATM, Harry L. Van Trees, Vans, City, Hand, Family, New Method College, NASDAQ, Private Securities Litigation Reform Act, EVS, Company, Microfactory, GLOBE, Forward-looking statement, Renewable energy, Bicester, Q2

The Company will continue to produce a small number of Vans in Bicester to optimize microfactory processes and support trials with customers.

Key Points: 
  • The Company will continue to produce a small number of Vans in Bicester to optimize microfactory processes and support trials with customers.
  • In order to extend the companys cash runway, Arrival plans to further right-size the organization and cut cash intensive activities while continuing to advance its core technologies.
  • Our in-house technologies enable a unique approach to produce vehicles using rapidly-scalable, local Microfactories.
  • Many factors could cause actual future events to differ materially from the forward-looking statements in this press release.

Arrival to Report Third Quarter 2022 Financial Results on November 8, 2022

Retrieved on: 
Vendredi, octobre 14, 2022
New Method College, Goal, NASDAQ, GLOBE, EVS, Company, City, Microfactory

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 endingSeptember 30, 2022 before the U.S. markets open on Tuesday, November 8, 2022.

Key Points: 
  • 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 endingSeptember 30, 2022 before the U.S. markets open on Tuesday, November 8, 2022.
  • The Company will host a corresponding webinar at8:00 a.m. Eastern Timeon that day.
  • This vertically integrated business model is how we can have the radical impact our world needs today.
  • Arrival (NASDAQ: ARVL) is a joint stock company governed by Luxembourg law.

Arrival Produces First Production Verification Van in Microfactory

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Vendredi, septembre 30, 2022
Software, New Method College, City, Quality control, Private Securities Litigation Reform Act, Forward-looking statement, Microfactory, CEO, Technology, Goal, NASDAQ, GLOBE, Arrival

LONDON, Sept. 30, 2022 (GLOBE NEWSWIRE) -- Arrival (NASDAQ: ARVL) today announced that it has produced the first production verification vehicle from its Bicester Microfactory.

Key Points: 
  • 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 technologies, including composite materials, autonomous mobile robots, in-house components and a software defined factory.
  • The milestone is a big stepping stone towards at-scale production and delivering vehicles to its customers.
  • We will continue to produce vehicles in our Microfactory in order to master at-scale production, said Denis Sverdlov, Founder and CEO at Arrival.

e.GO, an Innovative Producer of Urban Electric Vehicles, Announces Agreement to Build New MicroFactory in the Republic of North Macedonia

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Lundi, août 15, 2022
Environment, Technology, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, Automotive Manufacturing, Manufacturing, Green Technology, Batteries, Map, Microfactory, City, Risk, Vii, Name, NYSE, Forward-looking statement, XV, OEM, Business architecture, Failure, Form, SEC, Investment, Sale, Prospectus, Xi, Topco, Communication, Climate, Government, Probability, Republic, COVID-19, Company, Acceleration, Acquisition, Fifth Avenue, Register, Kunming High-tech Industrial Development Zone, Industrialisation, Technology, Securities Act of 1933, Economic development, Private Securities Litigation Reform Act, Registration statement, Time, Innovation, Ix, Sexism in the technology industry, Rail transport, Renewable energy, Bank, Risk management

Once in production, the North Macedonian MicroFactory will be the Companys 3rd MicroFactory worldwide, with the 1st being the in-production Aachen, Germany MicroFactory and the 2nd being the in progress MicroFactory in Bulgaria.

Key Points: 
  • Once in production, the North Macedonian MicroFactory will be the Companys 3rd MicroFactory worldwide, with the 1st being the in-production Aachen, Germany MicroFactory and the 2nd being the in progress MicroFactory in Bulgaria.
  • This agreement is another key milestone in e.GOs global growth and underscores the intrinsic value of our disruptive technology and innovation.
  • We are truly excited to expand our production footprint to the Republic of North Macedonia, following our progress in Bulgaria.
  • Headquartered in Aachen, Germany, e.GO designs and manufactures battery electric vehicles for the urban environment, with a focus on convenience, reliability and affordability.

Arrival Reports Second Quarter 2022 Financial Results

Retrieved on: 
Jeudi, août 11, 2022
U.S. Securities and Exchange Commission, City, Warrant, Risk, Atmosphere, Vii, Industry, GLOBE, CEO, Forward-looking statement, Private Securities Litigation Reform Act, Growth, SEC, Microfactory, ATM, Research, Market, Adjustment, EBITDA, Microsoft, Orders, EVS, COVID-19, Company, Depreciation, IFRS, Bus, NASDAQ, Operating cost, Goal, UPS, Annual report, Certification, Renewable energy, Rail transport, Bookkeeping, Fine chemical, Weapon, Risk management, Central London, Bicester, Arrival

LUXEMBOURG, Aug. 11, 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 reported financial results for the second quarter ended June 30, 2022.

Key Points: 
  • LUXEMBOURG, Aug. 11, 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 reported financial results for the second quarter ended June 30, 2022.
  • For the second half, Arrival expects Adjusted EBITDA loss in the range of $175-195 million, and Capex of $40-60 million.
  • Arrival will host a Zoom webinar at 8:00 A.M. Eastern Time today, August 11, 2022, to discuss its second quarter 2022 financial results.
  • Many factors could cause actual future results and events to differ materially from the results expressed in the forward-looking statements in this document.

Arrival to Report Second Quarter 2022 Financial Results on August 11, 2022

Retrieved on: 
Jeudi, juillet 28, 2022
Goal, NASDAQ, Microfactory, GLOBE, Company, EVS, Atmosphere, City, Renewable energy

LUXEMBOURG, July 28, 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 second quarter endingJune 30, 2022 before the U.S. markets open on Thursday, August 11, 2022.

Key Points: 
  • LUXEMBOURG, July 28, 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 second quarter endingJune 30, 2022 before the U.S. markets open on Thursday, August 11, 2022.
  • The live webinar will be accessible on the Companys website at investors.arrival.com .
  • Arrival was founded in 2015 with a mission to make air clean by replacing all vehicles with affordable electric solutions - produced by local Microfactories.
  • Our in-house technologies enable our unique new method of design and production using rapidly-scalable, local Microfactories around the world.

Next.e.GO Announces Business Combination with Athena Consumer Acquisition Corp.

Retrieved on: 
Jeudi, juillet 28, 2022
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The partnership we announced with Athena today is a remarkable milestone in e.GOs journey, said Ali Vezvaei Chairman of the Board of e.GO.

Key Points: 
  • The partnership we announced with Athena today is a remarkable milestone in e.GOs journey, said Ali Vezvaei Chairman of the Board of e.GO.
  • About Athena Consumer Acquisition Corp.
    Athena Consumer Acquisition Corp. is the second SPAC founded by Isabelle Freidheim, with Jane Park serving as CEO, Jennifer Carr-Smith as President and Angy Smith as CFO.
  • Investors and security holders of Athena are advised to read, when available, the proxy statement/prospectus in connection with Athenas solicitation of proxies for its special meeting of stockholders to be held to approve the Business Combination (and related matters) because the proxy statement/prospectus will contain important information about the Business Combination and the parties to the Business Combination.
  • The definitive proxy statement/final prospectus will be mailed to stockholders of Athena as of a record date to be established for voting on the Business Combination.

Arrival proposes business reorganisation

Retrieved on: 
Mardi, juillet 12, 2022
GLOBE, Goal, Atmosphere, Hand, EVS, Private Securities Litigation Reform Act, Microfactory, City, NASDAQ, Face, Forward-looking statement, Renewable energy, Risk management

LONDON, July 12, 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 confirmed that it has proposed a reorganisation of its business in response to the challenging economic environment as it focuses on its next major milestone - starting production of the Arrival Van in Q3 2022.

Key Points: 
  • LONDON, July 12, 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 confirmed that it has proposed a reorganisation of its business in response to the challenging economic environment as it focuses on its next major milestone - starting production of the Arrival Van in Q3 2022.
  • Arrival has proposed plans that include a realignment of the organisation that would enable it to deliver business priorities until late 2023 primarily utilising the $500mn cash on hand.
  • Arrival remains committed to starting production of its Van in Q3 this year and preparing the business for the unique opportunity ahead.
  • A business strategy update will be provided on Arrivals second quarter earnings call on 11th August 2022.