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Why Shares Of Arrival Are Trading Higher Today

Arrival European Union ARVL

Arrival (NASDAQ:ARVL) shares are trading higher after the company's Arrival Van achieved EU certification and received European Whole Vehicle Type Approval.

Arrival successfully completed all the required functional and safety testing to achieve European whole vehicle type approval, which is a critical step towards starting trials with customers in the coming months. The company is expected to start production of the Van in Bicester, UK in the third-quarter of 2022.

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