ARC Group invests US $1.5 million in Swedish/Singaporean Electric Vehicle company UNITI
STOCKHOLM, Sept. 12, 2023 /PRNewswire/ -- ARC Group proudly announces our $1.5 million investment in UNITI, the Electric Vehicle (EV) company set to redefine the urban car market.
- STOCKHOLM, Sept. 12, 2023 /PRNewswire/ -- ARC Group proudly announces our $1.5 million investment in UNITI, the Electric Vehicle (EV) company set to redefine the urban car market.
- UNITI was founded in 2016 at Lund University in Sweden and gained media attention almost immediately as the company set out to transform the automobile industry.
- With other electric vehicles still built on older automotive combustion engine standards, UNITI envisioned a new car with all components redesigned to an electrical reality.
- ARC Group has invested US$ 1.5 million in the newly restructured company.