Arrival

Autonomous vehicle manufacturer Arrival (NASDAQ: ARVL) announced on Monday a successful test run of its automated driving system (ADS) at a fully functioning parcel facility. It's the first time one of its Arrival Vans has driven around a facility without a driver in tow, performing all daily...

United Kingdom-based Arrival, a maker of electric trucks and buses with a unique business model, is the latest SPAC attracting investor interest. On Thursday, Arrival President Avinash Rugoobur was a guest on Benzinga's "SPACs Attack" show to talk about the upcoming public launch....

Apple Inc. (NASDAQ: AAPL) and Hyundai Motor Company (Pink: HYMTF) are exploring partnering on self-driving electric vehicles, according to Bloomberg. Hyundai confirmed the talks and later backtracked saying it talked to numerous automakers. The launch of the Apple Car is several years away,...

Jim Cramer recommended Thursday that investors trim their exposure to auto-related special purpose acquisition company stocks, CNBC reported. What Happened: The host of the CNBC “Mad Money” show termed the stocks of QuantumScape Corporation (NYSE: QS), Luminar Technologies Inc (...

SPACs have been one of the hottest stories in 2020. CNBC's Jim Cramer is increasing the exposure of SPACs on his “Mad Money” show that is now causing huge rises in share prices. What Happened: Last week, Cramer mentioned three SPACs on his show over the course of Wednesday,...

Jim Cramer has given his “blessing” for investors to buy shares of CIIG Merger Corp (NASDAQ: CIIC), the blank-check company merging with British electric vehicle company Arrival. What Happened: The “Mad Money” host said on his CNBC show that if the stock “comes down...

Another electric vehicle company is going public via the SPAC route with a new deal confirmed Wednesday. The Deal: Arrival, a U.K. electric vehicle company, is going public via CIIG Merger Corp (NASDAQ: CIIC). The deal values the company at $5.4 billion, according to CNBC. Arrival was valued at $3....