Arrival

How it happened

Arrival was a UK electric-vehicle startup building modular electric vans in 'microfactories,' reaching a ~$13B valuation after its 2021 SPAC listing. It never reached volume production, burned through cash, and was delisted from the NYSE in January 2024 before collapsing into bankruptcy, its assets later going to EV maker Canoo. Employees flagged the collapse early: Glassdoor reviews from 2022 called it a sinking ship going nowhere, and returned repeatedly to one diagnosis — the company chased too many products instead of finishing a single van. Reviewers counted successive rounds of redundancies while inexperienced leaders overspent on baristas, free lunches and office expansions, then ran out of cash before a vehicle reached production.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗. See our methodology.