The maker of this new electric bus of the future just received an $118 million investment from BlackRock to build a US factory

The maker of this new electric bus of the future just received an $118 million investment from BlackRock to build a US factory

The Arrival Bus.









Arrival

















Arrival has unveiled a zero-emissions public transit bus with configurable seating arrangements to promote social distancing amid the coronavirus pandemic.

The bus's price is comparable to that of a traditional fuel-burning bus, allowing its purchaser to save money long term, according to its maker.

Arrival plans to ship 1,000 "microfactories" “” where Arrival's transportation products will be manufactured “” around the world by 2026.

On Wednesday, the electric mobility maker announced that it has received a $118 million investment from BlackRock that will allow Arrival to open its