GLONGHUI, January 23 | According to Sky News, British electric vehicle startup Arrival is close to bankruptcy after the company hired a new team of consultants to oversee emergency plans. The company is in talks with accounting firm Ernst & Young to act as manager in the event that relief funds cannot be obtained. Earlier this month, Arrival said it missed the December 1 deadline to pay interest on the convertible debt due 2026. The stock plummeted nearly 20% to $0.917 on Monday.
英消息称国电动车企Arrival濒临破产 周一大跌近20%
According to British news, the national electric vehicle company Arrival is on the verge of bankruptcy, plummeting nearly 20% on Monday
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