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Symbol ARVL
Name Arrival
Currency USD
Sector Consumer Discretionary
IndustryGroup Automobiles & Components
Industry Automobiles
Market NASDAQ Global Select
Country Luxembourg
State
City Howald
Zipcode 2370
Website http://arrival.com
Kia is set to enter the light commercial vehicle (LCV) market in Europe and the UK with a fully electric lineup, starting with the versatile PV5 model. This initiative aims to meet growing demand for electric vans amid tightening emissions regulations, offering features like modular designs and an easy swap system for various uses. With an initial production capacity of 150,000 units, Kia plans to expand to 300,000 by 2030, targeting key markets such as Germany, the UK, and France.

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