Firms of Hyundai and KIA concluded the alliance with startup Arrival

Hyundai Motor Co. and Kia Motors COR declared strategic partnership with the British startup Arrival and investments in this project of 100 million euros (80 million from Hyundai and 20 million from KIA). The Arrival firm is known on development electric commercial vans. From Arrival Koreans will get a modular and scalable platform skateboard which Hyundai and KIA are going to use in cars a special purpose (Purpose Built Vehicles, PBV). Experts of Arrival also create original materials, components and ON for future electric cars, which...