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Arrival

EVUK
💀 Dead / Bankrupt
Peak $13 BillionToday
~-99%
from peak
  1. 🦄
    Became a unicorn
    2020
  2. 📈
    Peak valuation
    $13 Billion ’21
  3. 💔
    Became a Unitard
    2024
  4. 💸
    Last valuation
    ~$0
Current status
Bankrupt 2024; assets to Canoo

How it happened

Arrival was a UK electric-vehicle startup developing modular electric vans and buses built in 'microfactories,' reaching a ~$13B valuation after its 2021 SPAC listing. It failed to reach volume production and burned through cash, leading to delisting from the NYSE in January 2024 and bankruptcy in 2024. Its assets were subsequently acquired by EV maker Canoo.

Source: TechCrunch; NYSE delisted Jan 2024