Welcome to the technology news portal for SE business professionals.

Read Miami FL: Mana Common Is Bringing a Global Tech Accelerator to Town

New Video: Thurs: Galaxy Buds Pro Review

Global Tech News from Los Angeles, Singapore & More

Tech Podcasts Features CNET All Tech

  • Read SE Tech News
  • Read Global Tech News
  • Watch All Tech Videos
  • Listen to Tech Podcasts
  • New! Events
  • SE Region
    • Alabama
    • Florida
    • Georgia
    • Kentucky
    • Mississippi
    • North Carolina
    • South Carolina
    • Tennessee
  • About
    • About Us
    • Contact Us
    • Your Content on TAGTV SE
    • Partner with TAGTV SE
  • Go to Fintech SE

TAGTV SE Tech News

Charlotte NC: EV Startup Picks Charlotte for US Headquarters

Share

 122420

Posted December 24, 2020

 

CHARLOTTE – The London-based technology company, Arrival, which develops electric lightweight commercial vehicles, is bringing its North American headquarters to Charlotte.

The company, which was founded in 2015, will invest approximately $3 million in the South End neighborhood of the Queen City and plans to hire around 150 employees, the company said in a statement published on their website.

Until January, when the company announced a $110 million investment from Kia and Hyundai, Arrival was a relatively unknown electric vehicle startup.

The company continued to make announcements throughout 2020, including the announcement in October that it will build its first United States microfactory in Rock Hill, South Carolina, a suburb of the Charlotte metropolitan area, investing $46 million and anticipating the creation of 240 new jobs and an additional investment of $118 million from funds managed by BlackRock to support the project.

Then, the company announced the expansion of its leadership team including a new CEO and announced its plans to merge with CIIG Merger Corp. to become a publicly-traded company that will be listed on the NASDAQ under the ticker symbol ARVL, as soon as 2021.

According to press statements, the company has developed a new method of designing and producing zero-emission vehicles using proprietary hardware and vertically-integrated technology while manufacturing the vehicles in the firm’s microfactories.

Read the rest here

 

 

 

All TAGTV SE ARTICLES

Featured Sponsor

gs hori 225x77 white

Site Search

Search the Southeast news by topic, city or state.

Latest Tweets

TAGTV Southeast @TAGTVSE
  • TAGTVSE Miami FL: Mana Common Is Bringing a Global Tech Accelerator to Town https://t.co/ghoAGQ5Cix
    15h • reply • retweet • favorite
  • TAGTVSE Watch All Tech Videos - Wed: A Trip Down History Lane - TAGTV Southeast https://t.co/YywkIvEMro
    Jan 26 • reply • retweet • favorite
  • TAGTVSE RTP NC: IBM, Red Hat Team with French Tech Giant Atos https://t.co/G0MfbvtKgh
    Jan 21 • reply • retweet • favorite
  • TAGTVSE Morehead KY: High-tech Indoor Farmer AppHarvest Starts Shipping Tomatoes https://t.co/CChPCaPOHS
    Jan 20 • reply • retweet • favorite
  • TAGTVSE Watch All Tech Videos - Fri Industry: TVs - TAGTV Southeast https://t.co/Nr9CqwVKDo
    Jan 21 • reply • retweet • favorite
  • TAGTVSE Watch All Tech Videos - Tues: Introducing the Xiaomi Mi 11 - TAGTV Southeast https://t.co/cRd4XgPgsO
    Jan 25 • reply • retweet • favorite
  • TAGTVSE Orlando FL: Audio First Messaging Platform Yac Raises $7.5 Million Series A https://t.co/zdbA9T3UZH
    Jan 26 • reply • retweet • favorite
  • TAGTVSE Watch All Tech Videos - Thurs: All the Best at CES 2021 - TAGTV Southeast https://t.co/LSXYTWF7gz
    Jan 20 • reply • retweet • favorite
  • TAGTVSE Watch All Tech Videos - Thurs: Galaxy Buds Pro Review - TAGTV Southeast https://t.co/ZOn2wVnqd8
    15h • reply • retweet • favorite
  • TAGTVSE Birmingham AL: 8 Companies for Innovation Depot’s 2021 Velocity Accelerator Cohort https://t.co/zTms7LbnoT
    Jan 25 • reply • retweet • favorite
Follow @TAGTVSE

Welcome

Guide for Using TAGTV SE

TAGTV SE News

Get the TAGTV SE reveal of upcoming Webvisions, event premiers and more. Sign up now!

Subscribe to get the latest news

* indicates required

Share

Sitemap | Top
Copyright © 2021 All rights reserved. Custom Design by globalspeak
TAGTV SE Tech News

Mobile Menu

  • Read SE Tech News
  • Read Global Tech News
  • Watch All Tech Videos
  • Listen to Tech Podcasts
  • New! Events
  • SE Region
    • Alabama
    • Florida
    • Georgia
    • Kentucky
    • Mississippi
    • North Carolina
    • South Carolina
    • Tennessee
  • About
    • About Us
    • Contact Us
    • Your Content on TAGTV SE
    • Partner with TAGTV SE
  • Go to Fintech SE