 Here we go. What's up, money geeks, Mr. V here. Welcome to another video guys. So in this one, I want us to talk about Arriver. For those of you that has been following my channel, you know that I'm actually really bullish on the stock. I like the company. Ever since they came to the scene, even before they announced they were gonna go public, I mentioned here in the channel did a video. I actually spoke to the president here on the channel, the video so that you can go watch them. So they're still making some stripes and I wanna cover some new development that the company just put out there so that for those of you that are in the stock, you can see that there's potential here for long-term investment. But before we get started guys, we are new to the channel, we talk about how to earn money, how to save money, how to invest and build wealth. So if there's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. So guys, Arriva is a London-based EV manufacturer. So they specialize in electric vans as well as city buses. But most recently they're adding to their portfolio of products. So let's kinda jump right here to the news so I can show you guys. So Arriva partnered with Uber to design an EV for rideshare drivers. So remember back when Uber was actually doing their own test for self-driving cars, they finally scrapped that project and now they've actually found a partner that can help them bring that to light. So if you can see more news here, Arriva, UK's Arriva, Uber to develop electric ride-hailing Arriva car. So this is excellent news to me. Not only are they building the vans, which are the vans and their city buses are actually scheduled to start production I think third quarter of 2022. And then now there are Arriva car talking with partner Uber here. They think about starting production the fourth quarter of 2023. So that's about a year after the start, the advance and their city buses. So I like the news here. Again, Arriva, the stock as like most EV stocks is really not doing very well right now. But for me, this is not a quick win. This is a long-term investment. I've actually seen a lot of the stuff that the company did. Like I said, we had an interview here with their president and they have a business model. They have the technology. They have their manufacturing approach is different from most other manufacturing approach. They do what we call micro factories. So they don't build like the big massive gigafactory like Tesla has, they build smaller factories. They're not gonna have assembly lines which makes their production a lot more efficient because they're just bringing components and putting them together. They call it component-based manufacturing. So it's a different approach. And I think based on talking to their president, this is gonna save them a lot of time, get their product to market and they can actually establish closer to their customer. So that's why I like the stock. So let's take a look at here what the stock has been doing lately. So you can see here as I'm doing this video it's currently trading about $18. Again, if we just go back here a month, the stock has not done so hot lately. This is just one month chart here you can see. We had a low here about 13. It kind of squeezed up back in April to like 19 and some change. If we go back six months, you can see that the high of the stock has been about $36 and that was back in December of 2020. And so since then it's just been pulling back again. We're going through this phase where all electric vehicle stocks, majority of them are really consolidating. So again, I'm buying more of a rival as I see the opportunity because I think this is one of the long-term plays that they have that we have a lot of players in the space. You just have to be very careful how you choose them. I know I have Tesla, I have Neil, I have a rival. So again, I'm looking at the players I'm not gonna buy every single one. I'm looking at the ones that fit my strategy, that fit what I'm looking for. Again, when you're going to the space make sure that you know exactly what you're looking for because there's gonna be a lot of pretenders in the space. You have the Nicolard and all these other companies. There's gonna be a lot of pretenders. At the end of the day, only a few are gonna survive. So I think a rival is gonna be one of them. I like the design of their vans, I like their city buses. There are other companies that are competing in this space, but I think in the UK, a rival would be the number one electric vehicle manufacturer, which to me, it's the pride of the country. So they're gonna support a company like this to make sure that they survive and establish themselves as the leader in that space in the country. So that's what I wanted to cover in this video. Just a quick recap here. A rival as a company started out talking about manufacturing delivery vans as well as city buses, changing how we use vans and city buses from a fossil fuel perspective to electric vehicle. Now they've added the arrival car. And in this case, they are partnering with Uber. We know Uber as a very strong company, established company. They tried their hands at manufacturing electric or let's say autonomous vehicles and that didn't work out so good. So I think it makes sense for them to partner with a company like Arriver. Again, Arriver has partnerships with UPS to produce about a thousand vans, delivery vans for them. They are actually building factories in South Carolina and North Carolina. So this company is just gearing up again to get their production rolling out in the third quarter of 2022. So I'm still super excited about this one. Again, buying the dips as I see. I know the market is really choppy right now. So if we go back here just five days, I looked at these opportunities. I'm waiting, this thing is still gonna pull back maybe around $13, $14 just because the market is so choppy right now. And when it gets to that point, I'll pick up some more shares and continue to add to my position because I believe in the company longterm. So let me know again in the comment section what you think about this. Do you currently own Arriver? If not, what's your take on the company? Just do some research. Again, do your due diligence before you jump into stocks like this. If you're new to the channel, we'll talk about how to earn money, how to save money, how to invest and build wealth. So if that's something that interests you, go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. Also, if you are looking to get started with investing guys, Weibo has their promotion where if you sign up and deposit $100, you get some free stocks to get you started. Links in the description below. And as always, do your due diligence. Don't be a gritty savage. Stay motivated.