Electric Vehicle Manufacturer

22nd June 2023 – Sale of Assets from Electric Vehicle Manufacturer

Maynards, in conjunction with Holland Industrial Group, is selling new automotive manufacturing equipment from the Electric Vehicle Manufacturer, Arrival Automotive USA Inc. The assets, dating from 2021, have not been used and originally cost over $2.8m. Arrival Automotive USA Inc. manufactures electric vehicles. Their products include vans, cars, hand built electric Mustangs and digital products. The assets come to the market due to the closure of the Arrival Automotive USA Inc. bus manufacturing division.

The webcast auction will take place on the 22nd of June and features: (6) Durr adhesive systems – EcoRam & EcoShot meter systems, (3) Ultraflex Smart Power induction curing systems and accessories, (4) LT Machines vacuum forming tables, (3) CTI Hi-Raptor 2.5 cutting tables and CTI Big Textile R4 feeders, (2) Kuka KL4000 linear 7th axis rail units, (2) PlasmaTreat FG5005P plasma generators, (4) Busch R5 RA 0100F vacuum pumps, (4) MTA chillers, sick light curtains and brackets and more. The assets are located in Charlotte, North Carolina and can be inspected by appointment with the auctioneer only.

Vancouver based Maynards was established in 1902, focused initially on the auction of furnishings and fine arts. The firm has since grown to provide liquidation and valuation services to a broad range of industry sectors with global reach from offices located in the United States, Canada, Germany, UK, China and Japan.

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