A $100 Million Investment Pulls an EV Startup Out of Stealth Mode

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Hyundai and Kia are backing Arrival, a startup British maker of electrical supply vans, a superb use case for EVs. Hyundai and Kia introduced Thursday that they’re investing $111.5 million in Arrival, a startup British automaker constructing electrical supply vans. The three firms will collectively develop autos and share know-how as Arrival scales up its …
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