Arrival Results Presentation Deck slide image

Arrival Results Presentation Deck

Q4 2022 Update March 2023 We're confident we can do what's needed to get back on track and ensure production of Arrival's incredible vehicles: Arrival has a progressive portfolio of IP in electric vehicle hardware components, software, rapid vehicle prototyping, advanced mobile robotics and new methods of flexible manufacturing We've been increasing our liquidity, reducing the cost of running our business, and reducing debt We have a compelling business plan to bring an 'XL' Van to the U.S. which has a high margin profile and qualifies for the IRA tax credit up to $40,000 We will meet our global headcount reduction goal while retaining key talent to innovate, improve, and refine our portfolio of key IP and technologies We continue to build certified L Vans in Bicester to further develop automated factory processes and accumulate 250,000 public road kilometers this year We're launching fundraising efforts to complete the U.S. product development and start production in Charlotte, targeted for late 2024 *
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