EV maker Arrival’s shares slump on Nasdaq delisting notice, Auto News, ET Auto
Representative image.Arrival said it received a delisting and stock trading suspension notice from the Nasdaq, sending the British electric-vehicle company's shares down about 15% on Monday.Trading in Arrival's stock will be suspended from Jan. 30, as per the letter.The company, like other EV startups, has battled higher interest rates and production costs over the past year, as well as dwindling cash reserves due to a funding squeeze.Arrival was reportedly in talks with!-->!-->…