Steadily, but surely, we are moving towards a society where Electric Vehicles or EVs will be the standard when it comes to transportation. There are already various kinds of EVs available for environment conscious consumers and as we saw during CES 2019, there are more impressive ones on their way. Most automotive companies are working on creating EVs of the future that can not only help reverse climate change but are also economical, and packed with features.
Two bigwigs from the automobile industry, Hyundai and Kia, have now invested a whopping €100 million in Arrival, which is now one of the UK’s largest unicorns. The three companies will collaborate for developing vehicles using Arrival’s platforms and key technologies.