Arrival shares tumbled nearly 20% in premarket trading

Tiger Newspress2021-11-09

Arrival shares tumbled nearly 20% in premarket trading.

Lowers FY2022 Outlook:Arrival now expects "significantly lower vehicle volumes and revenue in 2022" due to its revised microfactory rollout.

The company delays the timing for Large Van production to 2023 in order to prioritize additional Van variants and allow the Company to maximize re-use of components. The timeline remains the same for its Bus and Van segments with start of production in Q2 2022 and Q3 2022, respectively.

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精彩评论

JC888
2021-11-09
JC888
Now lets wait with abated breath whether Lucid and Frisker will be able to deliver their range of EVs without hiccups and recalls. Even Telsa pioneer in EV segment still encounters production issue. LOL
Joe0319
2021-11-09
Joe0319
Like please
soofj
2021-11-09
soofj
Yes
SvdB
2021-11-09
SvdB
Ok
- YYKTAN:
  ok
- Kayabunz:
  ok
m0ka1314
2021-11-09
m0ka1314
Like.pls
WCH123
2021-11-09
WCH123
Ok
- xavjy:
  okk

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