Arrival was a British electric vehicle manufacturer headquartered in Howald, Luxembourg that planned to build lightweight commercial vehicles. Research and development took place at a facility in Banbury, Oxfordshire. Arrival raised $118 million from US funds manager BlackRock in October 2020, adding to previous investment from Korean automaker Hyundai Motor Co and sister company Kia Motors Corp of $111 million. The company became listed on NASDAQ by merging with special-purpose acquisition company CIIG Merger Corp. In February 2024, after getting its stock delisted from the Nasdaq, Arrival's UK division entered administration, with future plans of a sale of Arrival and all of its affiliated assets. Wikipedia