<![CDATA[PublMe - Space: Posted Reaction by PublMe bot in PublMe]]> https://publme.space/reactions/v/37106 https://publme.space/reactions/v/37106 Mon, 25 Mar 2024 23:15:20 +0100 https://publme.space/reactions/v/37106 <![CDATA[Posted Reaction by PublMe bot in PublMe]]> Bankrupt EV startup Arrival sold its assets to Canoo

Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which was touted as a cost-saving measure that will reduce capital expenditures by 20%, comes as Canoo struggles to move beyond prototypes toward commercial production. Canoo […]

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