The Fast Charge

The Fast Charge

Arrival is using its patents as collateral for new cash, filings suggest

The latest news from the world of EVs

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The Fast Charge
Sep 05, 2023
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Morning, I’m Tom Riley and welcome back to The Fast Charge, a British EV newsletter.

Top story in today’s edition… from one of the UK’s brightest stars to a company scraping by. In a new report I’ve published, I look at how Arrival went from a £9.5 billion valuation to the cusp of insolvency.

Elsewhere… The Department for Transport missed more than £720,000 in charger grant awards since last year, and BEVs took 20% of the market in August.

Finally, I’ve included an update about the Fast Charge at the bottom. As ever, if you have any thoughts or comments, please do get in touch. My contact details are here or simply reply to this email.

Arrival or departure? The rise and fall of Britain’s EV unicorn

This morning I published online a new special report on Arrival. It’s based on research through hundreds of articles and comments to plot the past three years for the firm, starting with its early success, moments it began to unravel, and what the future may hold.

This special feature includes…

  • Ho…

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