Russian-British automaker moves from Russia to Georgia
British electric car manufacturer Arrival, founded by Russian billionaire and ex-head of Yota Denis Sverdlov, will cease business in Russia. The company will stop operating in Russia and does not plan to work there in the future, its vice president Tom Elvidge told the FT. Part of the Russian development team has already been taken to Tbilisi.
The British electric car manufacturer Arrival, founded by the ex-head of Yota and former Deputy Minister of Communications of Russia Denis Sverdlov, will cease operations in Russia. The company is closing its operations in the country and does not plan to work here in the future. This was announced to the Financial Times by Tom Elvidge, Arrival's executive vice president for electric vehicles, at the Future of the Car conference.
According to him, the company has been in the process of transferring its operations from Russia since the start of the "special military operation"* in Ukraine. Elvidge said that the company has a "team" in Russia that deals with the software of electric vehicles.
The FT interlocutor noted that Sverdlov himself opposed it from the very beginning of the "special operation".
"Denis has spoken publicly and made it very clear that he and Arrival are against what is happening and any kind of conflict," Elvidge said, answering a question about the possibility of sanctions against the company founded by a former deputy Minister of Communications of Russia.
According to Elvidge, most of the Russian team of the British company has already been moved to Georgia — offices have been opened for them in Tbilisi. The process of curtailing Russian operations will take several more months, the FT interlocutor said.
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Russian-British automaker moves from Russia to Georgia
British electric car manufacturer Arrival, founded by Russian billionaire and ex-head of Yota Denis Sverdlov, will cease business in Russia. The company will stop operating in Russia and does not plan to work there in the future, its vice president Tom Elvidge told the FT. Part of the Russian development team has already been taken to Tbilisi.
The British electric car manufacturer Arrival, founded by the ex-head of Yota and former Deputy Minister of Communications of Russia Denis Sverdlov, will cease operations in Russia. The company is closing its operations in the country and does not plan to work here in the future. This was announced to the Financial Times by Tom Elvidge, Arrival's executive vice president for electric vehicles, at the Future of the Car conference.
According to him, the company has been in the process of transferring its operations from Russia since the start of the "special military operation"* in Ukraine. Elvidge said that the company has a "team" in Russia that deals with the software of electric vehicles.
The FT interlocutor noted that Sverdlov himself opposed it from the very beginning of the "special operation".
"Denis has spoken publicly and made it very clear that he and Arrival are against what is happening and any kind of conflict," Elvidge said, answering a question about the possibility of sanctions against the company founded by a former deputy Minister of Communications of Russia.
According to Elvidge, most of the Russian team of the British company has already been moved to Georgia — offices have been opened for them in Tbilisi. The process of curtailing Russian operations will take several more months, the FT interlocutor said.
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