UK Government picks Arrival for the exclusive Global Investment Summit

By Vikas M  Date: 2021-10-08

UK Government picks Arrival for the exclusive Global Investment Summit

Arrival, known for revolutionizing the automotive industry with its new approach to assembling and designing electric vehicles (EVs), recently revealed to have been selected by the U.K. government for the exclusive Global Investment Summit in London.

On 19th October, twelve of the U.K.'s top green entrepreneurs will present their technologies to some of the world's most influential investors at the Global Investment Summit.

The Summit, hosted by the U.K. Prime Minister and supported by members of the Royal Family, will bring together 200 of the world's most influential decision-makers, C-Suite executives, and investors to implement the Ten Point Plan for the Green Industrial Revolution.

Among these, Arrival has been hand-picked by the U.K. government for the same. Attendees at the Central London event would get a glimpse of Arrival's game-changing zero-emission electric vehicles via digital experiences, as well as hear from the company’s President, Avinash Rugoobur, during a panel discussion.

Rugoobur expressed it is an honor to be chosen by the U.K. government to speak about their firm at the Global Investment Summit. Arrival's rapid expansion reflects the growing demand for more sustainable and equitable mobility solutions for cities and governments in the United Kingdom and across the globe, he added.

Gerry Grimstone, the Minister for Investment, mentioned that the Global Investment Summit would showcase how the U.K. can utilize the investment to nurture technical advancements and move the economy towards a more affluent and exciting future.

This summit would also help the U.K. reinforce its position as a leading superpower in science and green technology. The country's pioneering work in this space will be critical in reducing emissions and limiting global warming.

Moreover, the Ten-Point Plan would leverage £12 billion (USD 16 billion) in government funding, to generate and support around 250,000 highly-skilled green jobs in the country by 2030, while also allowing for three times the private sector investment.

Source Credits – 

https://www.globenewswire.com/news-release/2021/10/06/2309949/0/en/Arrival-hand-picked-by-UK-Government-to-showcase-at-exclusive-Global-Investment-Summit-in-London.html

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