LONDON -- British electric van and bus startup Arrival said on Wednesday that it will build a new plant in the U.S. and much of its production will go to fulfilling an order from package delivery company UPS for up to 10,000 vehicles.
LONDON -- British electric van and bus startup Arrival said on Wednesday that it will build a new plant in the U.S. and much of its production will go to fulfilling an order from package delivery company UPS for up to 10,000 vehicles.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.