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

SourceBusiness Insider
CountryMiddle east

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 more...