Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2021-12-06 23:17:32| Engadget

British-American vehicle manufacturer Arrival today announced it plans to establish an $11.5 million battery plant in Charlotte, North Carolina. The factory will be the companys third overall facility in the city. It will be located just steps away from its soon-to-be-complete North American headquarters. Once the plant is operational, it will supply batteries to the companys Van Microfactory, creating approximately 150 additional jobs. By bringing the assembly of our proprietary High Voltage Battery Modules in-house, were striving to be as vertically integrated as possible, Arrival CEO Mike Ableson said. This will enable us to have even greater control over the functionality and cost of our products and pass those cost savings on to the customer while also working toward our goal of zero waste production. The company told TechCrunch the facility should have a production capacity of up to 350,000 battery modules per year. Arrival has a lot riding on the success of its Van EV. In 2020, UPS ordered 10,000 electric trucks from the automaker, with the option to buy an additional 10,000 vehicles if everything goes well. The announcement comes on the same day Toyota said it would build a $1.29 billion battery plant in central North Carolina.


Category: Marketing and Advertising

 

Latest from this category

12.02WhatsApp is now fully blocked in Russia
12.02The best record players for 2026
12.02Apple acquires Severance and will produce future seasons in-house
12.02Diablo II: Resurrected is adding warlock as a brand new player class
12.02Pickle it forward: McDonalds digital gherkin bank connects lovers and haters
11.02The great RAMaggedon of 2026 might have just claimed the Steam Deck
11.02How to cancel Mullvad VPN
11.02Anthropic beefs up Claude's free tier as OpenAI prepares to stuff ads into ChatGPT's
Marketing and Advertising »

All news

12.02How the baby food method can help you accomplish your biggest goals
12.02Major staffing cuts are coming to D.C.s Kennedy Center ahead of its 2-year closure
12.02The IOC is barring this Ukrainian athlete over messaging on his helmet at the Milan Cortina Games
12.025 things to know about Lockdown Mode, iPhones security feature
12.02Capital Ones giant LaGuardia Airport restaurant shows how credit card issuers are redefining travel perks
12.02Discord is asking for your ID. The backlash is about more than privacy
12.02Sweethearts has the most valuable real estate of all Valentines Day candy
12.02Memory chip stocks: Why Micron and Sandisk are soaring today as shortage fuels global RAM demand
More »
Privacy policy . Copyright . Contact form .