have placed western governments and the European Union under huge pressure to follow suit or lose green investment.
The company added:"When combined with other cost reductions in real estate and third-party spending, the company expects to halve the ongoing cash cost of operating the business to approximately $30m per quarter.He said of the task ahead:"Arrival has developed unique technologies in a market that has huge growth potential and can play a key role in addressing"To unlock these opportunities, we need to make difficult decisions and to take swift action.
Electric vehicles, the new Betamax