Arrival, the U.K.-based electric bus and van manufacturer, has announced a deal with global ridesharing giant Uber to develop an electric car for ride hailing in the U.K. and Europe.
Uber has a similar deal with General Motors (NYSE: GM) in the U.S., first announced in September 2020. The new deal with Arrival for a purpose-built electric vehicle for ride-hailing calls for the car to enter production Q3 2023.
Uber (NYSE: UBER) also announced an agreement with Gopuff in the U.S. to provide...