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Hyundai and Kia Make Strategic Investment in Arrival to Co-develop Electric Commercial Vehicles

Jan 16, 2020 - PR Newswire

PR Newswire

Agreement accelerates Hyundai and Kia's clean-mobility transformation (EURO)100 million investment enables co-development of eco-friendly vans and other products for logistics, on-demand ride-hailing, and shuttle service companies Partnership takes advantage of Arrival's scalable 'skateboard' platform technology to underpin future Purpose Built Vehicles (PBV) from Hyundai and Kia Arrival has developed in-house software, materials, components and other technologies for the devel...