BlackRock completed a $118m investment in Arrival.

Investment company BlackRock completed a $118m investment in Arrival, the technology company focused on commercial electric vehicles. "We are excited to welcome BlackRock as a strategic financial investor with its excellent track record in ESG. This additional capital will be invested into Arrival’s growth, as we deepen and expand our presence in the US and other new markets globally. With our new Microfactory in South Carolina, we are looking forward to partnering with more cities and companies to create a sustainable future," Denis Sverdlov, Arrival Founder and CEO.