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UK electric vehicle maker Arrival enters administration with 170 jobs at risk

New York-listed company, once valued at $15bn, failed to launch its debut electric van

The British electric vehicle maker Arrival has collapsed into administration – putting 170 jobs at risk – just three years after it was valued at more than $15bn.

The company, which had two manufacturing sites in Oxfordshire, has appointed consultancy firm EY as administrator, after failing to launch its debut electric van.

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