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Benzinga
Benzinga
Business
Shivani Kumaresan

Arrival Partners With Enel X For Bus Trials In Italy

Enel Italy ARVL Nasdaq Vallelunga
  • Arrival SA (NASDAQ:ARVL) and Enel Group's global business line, Enel X, have entered into a partnership to test the zero-emission battery-electric bus in Italy.
  • The collaboration aims to foster the growth of electrified public transport globally through high-performance and competitive solutions.
  • The tests will be carried out by Enel X in Italy, at the Vallelunga circuit, where Enel X Way's advanced charging services and solutions will also be used to charge the vehicles.
  • Based on the test results, Enel will decide to take Arrival Bus within its portfolio of global electrification solutions.
  • Enel currently operates more than 3,200 e-Buses globally.
  • Price Action: ARVL shares are trading higher by 5.34% at $1.38 in premarket on the last check Friday.
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