The electric-vehicle arena will get even more crowded on Thursday after Arrival Ltd. debuts on the Nasdaq.
The London-based maker of vans and buses, which has BlackRock Inc. among its biggest investors, is combining with blank-check firm CIIG Merger Corp. and will trade under the ticker ARVL. Merging with special-purpose acquisition companies has become the favorite route to public markets for electric-car developers including Nikola Corp., Lordstown Motors Corp. and Fisker Inc.
