Charlotte, North Carolina — According to state and local economic development sources Arrival Automotive plans to invest $3,000,000.00 to establish a North American Headquarters in Charlotte. The company plans to occupy the new space on South Tryon Street in South End, on or about April 1, 2021. According to the company website Arrival is reinventing the automotive industry with its entirely new approach to the design and assembly of electric vehicles. Low CapEx, rapidly scalable Microfactories combined with proprietary in-house developed components, materials and software, enable the production of best in class vehicles competitively priced to fossil fuel variants and with a substantially lower Total Cost of Ownership. Arrival was founded in 2015 and is headquartered in the United Kingdom, with over 1,300 global employees located in offices across the United States, Germany, Netherlands, Israel, Russia, and Luxembourg. The company is deploying its first two Microfactories in South Carolina, US and Bicester, UK in 2021.

To learn more about Arrival Automotive, visit http://arrival.com/

Company Contact:
Mike Ableson, Chief Executive Officer
https://www.linkedin.com/in/michael-ableson-21963449/
212-796-4796

SOURCE: http://www.intelligence360.io
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