Arrival (ARVL) experiences an increase of 3.07% in premarket. However, the last trading session concluded at $3.91 with an increase of 23.73%.
Fourth Quarter & Full Year 2021 Results by ARVL – What’s up?
On 27th January 2022, ARVL announced that the company will reveal the fourth quarter and full-year 2021 results on 2nd March 2022. The results will be reported before the market opens. Not only this but the company will host a webinar at 8:00 a.m. ET. Lastly, the company will post the updates on ARVL’s website.
Ground Trials of Electric Bus – Latest News by ARVL
On 28th December 2021, ARVL reported that the Arrival Bus has been put through its paces at a UK testing facility. Before they are certified, the vehicles will undergo extensive validation and testing. The Arrival Bus is transforming mass transit for all users. The users range from passengers and drivers to designers, cleaners, and fleet operators.
Moreover, the vehicle makes use of Arrival’s software environment, which allows for excellent connectivity, digital customization, and deep insight into vehicle behavior and data. The vehicle’s modular architecture allows for customization in length, range, storage capacity, and seating capacity to match the needs of individual communities
The first Arrival Bus has three doors and adjustable passenger seating capacity from across the overall flat floor, providing for improved accessibility, a more useful standing area, and the possibility for passengers to travel more comfortably. Wrap-around exterior and interior screens, flexible lighting, a transparent roof, and a range of digital solutions are all included in the car.
What’s New?
This is a significant achievement for Arrival. And the firm will be happy to start ground testing, where the company will test the bus for EU approval. The Bus has sparked a lot of attention this year, especially from governments looking to upgrade their public transportation networks. ARVL is collaborating with governments, cities, and operators to provide infrastructure solutions.
