Rebecca Bellan writes for Tech Crunch on EV maker Arrival, which is investing $11.5 million to build an assembly plant in North Carolina.
>>>Read about one American startup that is addressing EV woes<<<
- Arrival is an EV startup that is looking to break up the assembly line by building microfactories.
- The startup has also partnered with Li-Cycle, a lithium ion battery recycler, to create a closed-loop supply chain.
- Arrival hopes to build 31 microfactories by 2024.
- Through innovation, the private sector is advancing durable technology solutions.
“Arrival, the electric vehicle manufacturer that aims to break up the assembly line in favor of multiple microfactories, is investing $11.5 million to build a high-voltage battery module assembly plant in Charlotte, North Carolina. The plant will provide batteries for electric buses and vans produced at the company’s microfactories in Rock Hill, South Carolina and Charlotte, respectively.”
Read the full article here.
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