Uber UBER, + 0.15% has partnered with electric vehicle maker Arrival ARVL, -6.72%, which is developing a new vehicle that will be designed with the help of drivers from the transportation app. British technology company Arrival, which traded on the Nasdaq COMP at -0.48% in March and merged with CIIG Merger Corp. through a special-purpose acquisition company, announced the deal on Tuesday.
Read: Another electric vehicle startup is going public. Why this one is different. It read: “The Arrival Car will be designed to be an affordable electric vehicle specially designed for private travel, and will be designed in partnership with Uber drivers. Uber drivers will now be invited to join the design process and ensure the final vehicle meets their needs. ”Arrival’s car is expected to go into production in the third quarter of 2023. Uber has committed to becoming a all-electric mobility platform in North America and Europe by 2030, in London by 2025. The car designed with the help of Uber drivers will join Arrival’s previously announced buses and vans in an attempt to provide cities with travel options. zero-emission transportation to meet their sustainability goals for years to come Read: With earnings heading for the best growth in more than a decade, here comes Uber, Lyft and vaccine makers Jamie Heywood, Uber’s regional general manager to Northern and Eastern Europe said in a statement: “As our cities open up, we have an opportunity to ensure that the transp orte urban is cleaner than ever. “Our focus now is to encourage drivers to … upgrade to an electric vehicle, and our partnership with Arrival will help us achieve this goal.” Read: Uber and Lyft fell after Biden‘s Labor Secretary said drivers should be hired. This is why. A typical private transport vehicle will travel an average of 45-50,000 km per year, compared to 12,000 km for a typical vehicle. Arrival is seeking help from Uber drivers to prioritize the driver’s comfort, safety, and convenience. Tom Elvidge, Senior Vice President, Arrival Mobility UK, said: “Arrival will collaborate with Uber drivers on the design process over the next several months to ensure the Arrival Car reflects the needs of professional drivers and their passengers, and is expected to the final vehicle design will be revealed before the end of 2021. “Arrival’s microfactories will use decentralized production in cities around the world to produce vehicles close to where they are needed, using local workers.