Local Skip Hire and Waste Management Companies


UK electric vehicle company Arrival has acquired £85m investment from Hyundai Motor Company and Kia Motors Corporation, it was announced today.

Lifting the business to £3bn in value, the deal makes Arrival one of the UK's largest unicorns.

The investment signals the start of a new partnership, one where all three manufacturers will work together to produce commercial electric vehicles (EVs) using Arrival tech and platforms.

The aim is to expedite demand for eco-friendly commercial transport around the world.

Arrival bring to the table their 'Generation 2' EVs; vehicles created from their own-brand software, components, sustainable materials and 'modular skateboard platforms'.

Units are purpose-built to any weight, shape or size; have similar pricing to petrol and diesel vehicles; are assembled in 'minifactories' - one of which is in the UK; and can be deployed within three months.

Hyundai and Kia will make use of Arrival's software and microfactories to electrify their fleets, while Arrival will take advantage of both manufacturers' marketing experience.

“This strategic partnership will empower our companies to scale Generation 2 Electric Vehicles globally,” Arrival CEO Denis Sverdlov says.

Hyundai Motor Group president Albert Biermann adds: “The eco-friendly vehicle market in Europe is expected to grow rapidly due to reinforcement of environmental regulations.

“Through the joint development of commercial electric vehicles with Arrival, we will be able to gain a competitive advantage and progressively establish our leadership in the global eco-friendly vehicle market.”

Recent statistics suggest there are more than 300 million commercial vehicles on the road worldwide. Last year, EV's market share in the UK stood at 3.4% of all vehicles sold, a figure expected to rise to 5.5% this year, Bloomberg New Energy Finance predicts.

Read full article on London

Recently Added Skip Hire Companies

Taylors Skip Hire
Recycling  Management Ltd
Skip Hire Sheffied
Farnek Services Ltd®
Rogers Metal Management
The Manchester Skip Company
The Manchester Skip Company
The Manchester Skip Company
The Manchester Skip Company
The Manchester Skip Company
Cheap Skips
Mr Rubble Skip Hire
Deamer Ltd Skip Hire
Towens Waste Management Ltd
Cheap Skip Hire Norwich
Cheddar & Wells Skips
Wellington Waste Management
J W Waste Recycling Ltd
Exmoor Skip Hire
Glastonbury Skip Hire Ltd
Skip Hire Somerset
Clevedon Skip Hire
S Roberts & Son - Asbestos Removal, Skip Hire, Waste Management
Waste Recycling Bath
Green Skip Hire
Wades Skip Hire
Ludlow Skip Hire Ltd
BA Shorthouse Ltd.
B & E Transport
Breakspears Skips
Sheehan Haulage and Plant Hire
KJ Millard Ltd.
Bicester Skip Hire
SCB Oxford Ltd
Manchester Waste
Cheviot Skip Hire
Moor Farm Skip Hire
Blyth & Cramlington Skip Hire,
A1 Skip Hire
Black and White Skip Hire
D & M Recycling & Waste Management
Abel Skip Hire
Skipy Skip Hire Ltd
Bailey's Skip Hire and Recycling Ltd
Beechwood Skip Hire
Selective Skips