INSUBCONTINENT EXCLUSIVE:
Forget the consumer market for electric vehicles
startup Arrival, which emerged from relative stealth today
According to the latest research from CB insights, only five other U.K
startups are worth more than this.Although a five-year-old London-based company that has about 800 employees across five countries,
including Germany, the United States and Russia, Arrival has been cagey about its activity until now.Their idea is to make electric vehicles
be investing $35 billion in autonomous driving and electric cars.Last year Hyundai announced a $35 billion commitment to develop
self-driving technology and electric vehicles
As part of that, it wants to release 23 types of electric vehicles by 2025
Last week, it unveiled a flying taxi concept with Uber at the CES tech conference in Las Vegas.
