Arrival (ARVLF) 6-K 12 Aug 22 2022 Q2 Current report (foreign) Financial data

Cover Page

Cover Page	6 Months Ended
	Jun. 30, 2022
Cover [Abstract]
Document Type	6-K
Entity Registrant Name	Arrival
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001835059
Current Fiscal Year End Date	--12-31

Consolidated statement of profi

Consolidated statement of profit or (loss) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Profit or loss [abstract]
Administrative expenses	$ (136,436)	$ (79,687)
Research and development expenses	(60,260)	(23,112)
Impairment expense	(24,131)	(2,306)
Listing expense	0	(1,188,335)
Other income	2,403	1,964
Other expenses	(104)	0
Operating loss	(218,528)	(1,291,476)
Finance income	137,389	106,188
Finance cost	(14,659)	(14,398)
Net finance income	122,730	91,790
Loss before tax	(95,798)	(1,199,686)
Tax expense	(4,152)	(7,570)
Loss for the period	(99,950)	(1,207,256)
Attributable to:
Owners of the Company	$ (99,950)	$ (1,207,256)
Earnings per share
Basic earnings per share (in USD per share)	$ (160)	$ (2,200)
Diluted earnings per share (in USD per share)	$ (160)	$ (2,200)

Consolidated Statement of other

Consolidated Statement of other comprehensive (loss)/Income - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Statement of comprehensive income [abstract]
Loss for the period	$ (99,950)	$ (1,207,256)
Items that may be reclassified subsequently to the consolidated statement profit or (loss)
Exchange differences on translating foreign operations	(91,322)	10,874
Total other comprehensive (loss)/income	(91,322)	10,874
Owners of the Company	$ (191,272)	$ (1,196,382)

Consolidated statement of finan

Consolidated statement of financial position	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Non-Current Assets
Property, plant and equipment	$ 312,856,000	$ 271,607,000	$ 138,317,000
Intangible assets and goodwill	473,957,000	414,674,000	210,723,000
Deferred tax asset	1,463,000	2,171,000	1,392,000
Prepayments	24,151,000	23,384,000	0
Trade and other receivables	33,647,000	40,916,000	13,235,000
Total Non-Current Assets	846,074,000	752,752,000	363,667,000
Current Assets
Inventory	30,692,000	22,977,000	14,504,000
Loans to executives	0	0	5,207,000
Trade and other receivables	61,468,000	45,312,000	63,104,000
Prepayments	52,090,000	48,118,000	23,262,000
Cash and cash equivalents	512,614,742	900,606,000	82,314,000
Total Current Assets	656,865,000	1,017,013,000	188,391,000
TOTAL ASSETS	1,502,939,000	1,769,765,000	552,058,000
Capital and reserves
Share capital	70,317,122	74,046,000	274,126,000
Share premium	5,844,397,000	5,844,397,000	331,718,000
Other reserves	(3,173,899,000)	(3,095,804,000)	79,888,000
Accumulated deficit	(1,697,011,000)	(1,597,061,000)	(292,680,000)
Total Equity	1,043,804,000	1,225,578,000	393,052,000
Non-Current Liabilities
Deferred tax liability	7,077,000	7,465,000	3,375,000
Warrants	334,000	3,611,000	0
Loans and borrowings	364,547,000	451,525,000	107,870,000
Total Non-Current Liabilities	371,958,000	462,601,000	111,245,000
Current Liabilities
Current tax liabilities	2,619,000	358,000	615,000
Loans and borrowings	17,221,000	14,258,000	5,221,000
Trade and other payables	67,337,000	66,970,000	41,925,000
Total Current Liabilities	87,177,000	81,586,000	47,761,000
TOTAL EQUITY AND LIABILITIES	$ 1,502,939,000	$ 1,769,765,000	$ 552,058,000

Consolidated statement of chang

Consolidated statement of changes in equity - USD ($) $ in Thousands	Total	Share capital	Share premium	Accumulated deficit	Other reserves	[1]
Beginning balance at Dec. 31, 2020	$ 393,052	$ 274,126	$ 331,718	$ (292,680)	$ 79,888
Loss for the period	(1,207,256)			(1,207,256)
Other comprehensive income	10,874				10,874
Equity and comprehensive income	(803,330)	274,126	331,718	(1,499,936)	90,762
Equity-settled share-based payments	4,449				4,449
Issuance of share capital as consideration for the merger with CIIG	1,591,090	8,543	711,625		870,922
Adjustment of shareholding transferred from Arrival Luxembourg S.à r.l. to Arrival	0	(211,064)	4,602,685		(4,391,621)
Initial share capital of Arrival	35	35
Reduction of capital of Arrival	0	(35)			35
Conversion of warrants	136,318	954	67,843		67,521
Acquisition of own shares	(178)				(178)
Ending balance at Jun. 30, 2021	928,384	72,559	5,713,871	(1,499,936)	(3,358,110)
Beginning balance at Dec. 31, 2021	1,225,578	74,046	5,844,397	(1,597,061)	(3,095,804)
Loss for the period	(99,950)			(99,950)
Impact from the change of the currency of the shares from EUR to USD	0	(3,729)			3,729
Other comprehensive income	(95,051)				(95,051)
Other comprehensive income	(91,322)
Equity and comprehensive income	1,030,577	70,317	5,844,397	(1,697,011)	(3,187,126)
Equity-settled share-based payments	13,761				13,761
RSP repurchases	(554)				(554)
SOP exercised	20				20
Ending balance at Jun. 30, 2022	$ 1,043,804	$ 70,317	$ 5,844,397	$ (1,697,011)	$ (3,173,899)
[1]Other reserves comprise of foreign currency translation, share base payments reserves relating to Arrival Share Option Plan 2020 (“SOP”), Restricted Share Plan (“RSP”) and Restricted Stock Unit (“RSU”) and equity reserves which are not distributable.

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows used in operating activities
Loss for the period	$ (99,950,000)	$ (1,207,256,000)
Adjustments for:
•Depreciation/Amortization	18,481,000	10,997,000
•Impairment losses and write -offs	47,191,000	2,406,000
•Net unrealized foreign exchange differences	(19,882,000)	5,150,000
•Net finance expense	8,609,000	(2,854,000)
•Change in fair value of warrants	(3,277,000)	(97,021,000)
•Listing expense	0	1,168,515,000
Change in fair value of embedded derivatives	(104,931,000)	0
•Fair value movement on employee loans including fair value charge for the new employee loans issued on April 8, 2022	3,537,000	0
•Reversal of difference between fair value and nominal value of loans repaid	(295,000)	(1,742,000)
•Employee share scheme	9,870,000	1,563,000
•Profit on disposal of fixed assets	(109,000)	(1,043,000)
• Profit from the modification of lease	(1,762,000)	0
• Deferred taxes	1,724,000	5,072,000
• Income Tax	2,428,000	107,000
Cash flows used in operations before working capital changes	(138,366,000)	(116,106,000)
(Increase) in trade and other receivables	(26,167,000)	(36,076,000)
Increase in trade and other payables	21,796,000	24,773,000
(Increase) of inventory	(28,379,000)	(1,966,000)
Cash flows used in operations	(171,116,000)	(129,375,000)
Income tax and other taxes	(2,878,000)	7,923,000
Interest received	640,000	55,000
Net cash used in operating activities	(173,354,000)	(121,397,000)
Cash flows from investing activities
Acquisition of intangible assets	(109,005,000)	(90,666,000)
Acquisition of property, plant and equipment	(44,045,000)	(23,208,000)
Grants received	0	175,000
Prepayments for tangible and intangible assets	(41,301,000)	(15,197,000)
Cash received on acquisition of entities, net of consideration paid	0	(9,000)
Proceeds from the sale of fixed assets	69,000	0
Net cash used in investing activities	(194,282,000)	(128,905,000)
Cash flows from financing activities
Cash paid for redemption of public warrants	0	69,116,000
Proceed from the issuance of new shares	0	631,297,000
Proceeds from exercise of employee share option plan	20,000	0
Repayment of borrowings	0	0
Repayment of interest	(5,888,000)	(53,000)
Repayment of lease liabilities	(10,521,000)	(6,922,000)
Net cash from financing activities	(16,389,000)	693,438,000
Net (decrease)/increase in cash and cash equivalents	(384,025,000)	443,136,000
Cash and cash equivalents at January 1	900,606,000	82,314,000
Effects of movements in exchange rates on cash held	(3,966,000)	3,442,000
Cash and cash equivalents at June 30	$ 512,614,742	$ 528,892,000

INCORPORATION AND PRINCIPAL ACT

INCORPORATION AND PRINCIPAL ACTIVITIES	6 Months Ended
	Jun. 30, 2022
General Information About Financial Statements [Abstract]
INCORPORATION AND PRINCIPAL ACTIVITIES	INCORPORATION AND PRINCIPAL ACTIVITIES General Arrival (the “Company” or the “Group” if together with its subsidiaries, previously named Arrival Group S.A.) was incorporated in Luxembourg on October 27, 2020 as a Société Anonyme for an unlimited period. The Company has its registered address at 60A, rue des Bruyères, L-1274 Howald, Luxembourg and is registered at the Luxembourg Commercial Register under number R.C.S Luxembourg n° B248209. These unaudited condensed consolidated interim financial statements as at and for the six months ended June 30, 2022, comprise the Company and its subsidiaries (together referred to as the "Group). The Group’s principal activity is the research & development (“R&D”) and design of electric commercial vehicles, electric vehicle components, robotic manufacturing processes for electric vehicles and associated software. The Group’s main operations are in the United Kingdom, United States and Europe. Merger in the prior period On November 18, 2020 the Company entered into a business combination agreement (Merger agreement) with CIIG Merger Corp. (“CIIG”) for the transfer of the shareholding in CIIG to Arrival. In line with the terms of the arrangement, on conclusion of the transaction, on March 24, 2021, the Shareholders of CIIG exchanged their shareholding in CIIG for new shares issued in Arrival where one share in CIIG would be exchanged for one share in Arrival. As a result of this transaction, all the shareholding in CIIG is transferred to Arrival and CIIG is merged with Arrival, with Arrival being the resultant entity listed on NASDAQ. Arrival trades under ticker symbol “ARVL”. The transaction was accounted for as a reverse merger in accordance with the International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). Under the reverse merger method of accounting, Arrival is treated as the “acquirer” company. Operations in Russia Due to geopolitical considerations and the uncertain nature, magnitude and duration of Russia’s war in Ukraine and actions taken by Western and other states and multinational organizations in response thereto, Arrival has taken the decision to close our Russia location. In this process the company has expended time and resources in relocating employees and data from Russia to other jurisdictions. USD 5,505,697 in costs have been incurred related to this move, the majority of which (approximately USD 4,563,420) relate to provisions of property, plant and equipment, inventory and other assets that can not be moved from Russia due to country restrictions. The remaining costs relate to relocation of employees. There are no remaining material costs to be incurred relating to this move.

BASIS OF PREPARATION

BASIS OF PREPARATION	6 Months Ended
	Jun. 30, 2022
Basis of preparation [abstract]
BASIS OF PREPARATION	BASIS OF PREPARATION These interim financial statements for the six months ended June 30, 2022 have been prepared in accordance with IAS 34 Interim Financial Reporting, and should be read in conjunction with the Group’s last annual consolidated financial statements as at and for the year ended December 31 2021 (‘last annual financial statements’). They do not include all of the information required for a complete set of financial statements prepared in accordance with IFRS Standards. However, selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the Group’s financial position and performance since the last annual financial statements. Numbers are presented in whole dollars (USD) unless otherwise stated, following the change in presentational currency from Euros to US Dollars with effect from January 1, 2022 as noted in more detail below. Dollar values in tables are in USD thousands. These unaudited interim financial statements were authorized for issue by the Board of Directors (the “Board”) on August 12, 2022 and have been prepared on a going concern basis. Going Concern The condensed interim consolidated financial statements (‘financial Statements’) have been prepared on a going concern basis. In determining the appropriate basis of preparation for the period ended June 30, 2022, the Board is required to consider whether the Group and Company will be able to operate within the level of available cash and liquidity for the foreseeable future, being a period of at least 12 months following the approval of the financial statements. Arrival is a Company with an extremely limited operating history, it has incurred losses in the operation of its business related to research and development activities in respect of Electric Vehicles (EV) since its inception and has generated no revenues to date. As Arrival attempts to transition from research and development activities to commercial production and sales, it is difficult to forecast Arrival’s future cash flows. The estimated costs and timelines that Arrival has developed to reach full scale commercial production are subject to inherent risks and uncertainties. In the reporting period, there have been significant challenges in the external and macroeconomic environment in which Arrival operates such as global supply chain issues, the ongoing pandemic, geopolitical tensions and rising costs. The Company has also seen an increase in its estimated build costs impacting its overall short term profitability targets. In July 2022, in response to these conditions, the Company announced restructuring plans, including redundancies and other cost cutting measures, that required a realignment of the organization to focus on production of the Large Van product and Bicester microfactory. The Company has temporarily paused the Bus program, put its Car program on hold and delayed the build out of the Charlotte microfactory until further funding is secured which is currently anticipated to enable Charlotte to re-start during 2023. Arrival continues to see a great deal of interest in its products, supported by continuing increases in Letters of Interest but as yet does not have committed orders for its vehicles prior to production commencing. Accordingly, the Company has refreshed its near term and long term business plans, updating planning assumptions for the latest understanding of the cost of completing research and development activities, working capital, capital expenditure, operating expenditure, average selling price, bills of materials and revenues. There is however uncertainty as to the achievability and timing of the business plan including the planned cost cutting measures. Additionally, the Company is establishing an At the Market program (ATM) funding which allows the sale of up to $300 million of equity into the market at the time of the Company’s choosing, subject to a percentage of the average daily trading volumes. However, as this funding is just being established there can be no certainty as to the actual funds the Company will raise and the timing thereof. If adequate funding is not secured as and when needed then the Company will need to further defer the Charlotte Microfactory build and Bus program as well as undertake additional steps to reduce costs. There is uncertainty as to the ability of the Company to secure such funding, the timing of doing so and the ability to take appropriate mitigating steps Arrival had $ 512,614,742 cash and cash equivalents at the end of June 30, 2022. The Board has considered the Group’s cash flow forecasts for the period to August 2023 being the period assessed for going concern purposes together with a severe but plausible downside scenario through to December 2023 reflecting the Group’s early stage of development, production, there being delays to or no funding secured and other uncertainties, as noted above. It has determined that while the company has sufficient cash to meet its immediate needs for the assessed twelve month period and execute a reduced near term business plan, including starting production in 2022 for Van, the Board will need to secure additional capital to execute its full business plan, including the move to hard tooling, the build out of the Charlotte Microfactory, restart of the Bus program and in the longer-term the deployment of additional microfactories and vehicle platforms. Arrival cannot be certain that additional funds will be available to it on favorable terms when required, or at all. There can be no assurance that Arrival’s estimates related to the costs and timing necessary to complete design and engineering of its Electric Vehicles will prove accurate or that its plans to transition from soft to hard tooling, which is a key part of the Company’s ability to manage the vehicle build costs to produce at profitable levels, will be achieved in the timelines proposed, and that the required funding to do so will be secured. The tooling required within Arrival’s microfactories may also be more expensive to produce than predicted, or have a shorter lifespan, resulting in additional replacement and maintenance costs, which could have an impact on Arrival’s results of operations and financial condition. Similarly, Arrival may experience higher raw material waste in the composite process than it expects, resulting in higher operating costs and hampering its ability to be profitable. Notwithstanding the uncertainties noted above, the Board is satisfied that the Group has sufficient funds to continue to be able to realize its assets and discharge its liabilities as they fall due for a period of at least 12 months from the date of approval of the financial statements and therefore it remains appropriate that the financial statements have been prepared on a going concern basis. However, these matters indicate the existence of a material uncertainty related to events or conditions that may cast significant doubt on the group’s and the company’s ability to continue as a going concern and, therefore, that the group and company may be unable to realize their assets and discharge their liabilities in the normal course of business. The financial statements do not include any adjustments that would result from the basis of preparation being inappropriate. Incorporation and prior period merger Arrival was incorporated on October 27, 2020 and had no material operations. As a result of the reorganization, it become the parent company of Arrival Luxembourg S.à r.l., the operating company as of March 24, 2021. The transaction with CIIG was accounted for as a reverse merger. In accordance with IFRS 2 guidance on reverse mergers, the unaudited condensed consolidated interim financial statements of the Group presented as of June 30, 2022 are a continuation of those of Arrival Luxembourg S.à r.l. consolidated financial statements which were prepared in accordance with the IFRS as issued by IASB for the immediately preceding financial year ended December 31, 2021 and activity prior to the transaction date is presented, being that of Arrival Luxembourg S.à r.l.. The net assets (predominantly cash & cash equivalents) acquired from CIIG at the transaction date are included only from the date of merger. Presentation currency On January 1, 2022 the Group changed its presentational currency from Euro to US dollars in order to provide users of our financial statements with greater transparency of company performance. Given that a significant amount of group transactions are in USD we believe this is more reflective of the economic environment across the group. In accordance with IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors, this change in presentational currency was applied retrospectively and accordingly, prior year financial statements have been restated. Financial information included in the consolidated financial statements for years ended 31 December 2021 and 2020 have been restated in US dollars as follows: • assets and liabilities in non-US denominated currencies were translated into US dollars at the rate of exchange ruling at the relevant balance sheet date; • non-US dollar income statements and cash flows were translated into US dollars at average rates of exchange for the relevant period; • share capital, share premium and all other equity items were translated at the historical rates prevailing on the date of each relevant transaction; • non-US dollar capital transactions including the listing expenses were translated into US dollars at the historical rates prevailing on the date of each relevant transaction; and • the cumulative foreign exchange translation reserve has been restated on the basis that the Group has reported in US dollars since incorporation. In preparing these financial statements, the exchange rates used in respect of the Euro (€) are: Closing Rate June 30 Closing rate December 31 Average rate for the period ended June 30 Average rate for the year ended December 31 ISO Code 2022 2021 2021 2020 2022 2021 2021 2020 EUR 1.047414 1.092998 1.131610 1.227100 1.092998 1.202483 1.183269 1.147000 On June 3, 2022, as part of the Extraordinary General Meetings (‘EGM’) held on that day, the shareholders approved the change of currency of the issued share capital of Arrival from Euro (EUR) to United States dollars (USD) by applying the EUR / USD exchange rate published on the website of the European Central Bank on June 2, 2022. The rate used for the conversion is 1.0692. Significant Accounting Policies The accounting policies applied in these unaudited condensed consolidated interim financial statements are the same as those applied in the Consolidated financial statements of Arrival as at and for the year ended December 31, 2021, with the exception of the adoption of the new standards that have become effective as from January 1, 2022. The new standards and the amendments to them that become effective as of January 1, 2022, did not have a material impact on Arrival's financials.

USE OF JUDGEMENTS AND ESTIMATES

USE OF JUDGEMENTS AND ESTIMATES	6 Months Ended
	Jun. 30, 2022
List Of Accounting Policies [Abstract]
Use of Judgements and Estimates	USE OF JUDGEMENTS AND ESTIMATES In preparing these unaudited condensed consolidated interim financial statements, management has made judgements and estimates that affect the application of accounting policies and the reported amounts of assets and liabilities. Actual results may differ from these estimates. The significant judgements made by management in applying the Group’s accounting policies and key sources of estimation uncertainty were the same as those described in the last annual consolidated financial statements for the year ended December 31, 2021 for Arrival Luxembourg S.à r.l. except for: Going Concern The Company has refreshed its near term and long term business plans, updating planning assumptions for the latest understanding of the cost of completing research and development activities, working capital, capital expenditure, operating expenditure, average selling price, bills of materials and revenues. In assessing going concern, the The Board has considered the Group’s cash flow forecasts for the period to August 2023 being the period assessed for going concern purposes together with a severe but plausible downside scenario through to December 2023 reflecting the Group’s early stage of development, production, there being delays to or no funding secured and other uncertainties, as noted above. It has determined that while the company has sufficient cash to meet its immediate needs for the assessed twelve month period and execute a reduced near term business plan, including starting production in 2022 for Van, the Board will need to secure additional capital to execute its full business plan, including the move to hard tooling, the full build out of the Charlotte Microfactory, restart of the Bus program and in the longer-term the deployment of additional microfactories and vehicle platforms. For more information see note 2. (i) Impairment Assessment Arrival performs an annual impairment test for its assets or when there is an indication of impairment at the reporting date. The Group performs a quarterly assessment of all impairment indicators for all assets within the scope of IAS 36. Right of Use Assets For the six months period ended June 30, 2022, it was identified that the right of use assets of three of our leases needed to be impaired. Further information on the impairment of the leases is included in note 4. Intangible Assets and Goodwill The group also performs a quarterly review of all projects classified as internally developed intangible assets in our Consolidated statement of financial position. Under the requirements of IAS 38, an entity is required to recognize an intangible asset if specified criteria are met. With the Company's recently announced proposed reorganization of its business in response to the challenging economic environment and as it focuses on its next major milestone (starting production of the Arrival Van in Q3 2022), certain development projects elements have been temporarily paused in order to focus efforts on the vehicle launch for Vans or pending further funding. While the company does intend to complete these projects over time, this pause, as per IAS 36, may indicate that such assets will be assessed on an individual basis and should be assessed separately for impairment rather than on a CGU level. As a result of this, Arrival has considered such projects within the CGU to identify any impacted by the revised business plan and assessed for impairment and recorded an impairment of USD 8,938,226 as of June 30, 2022 related to these assets. For further information please see note 5. Cash Generating Unit (CGU) Assets Arrival performs an annual impairment test for its CGU assets or when there is an indication of impairment at the reporting date. During the quarter, the share price reduction of Arrival led to a corresponding decrease in the company's market capitalization and this was deemed by Management to be an indication of impairment. In accordance with IFRS 13 management used a valuation technique based on the quoted market price for the Company’s equity shares to determine best estimate of the fair value less cost to disposal of the Auto CGU. This assessment was performed considering the level 1 input of stock price and market capitalization compared to total CGU assets. As at June 30, 2022 Auto CGU consisted of intangible assets of $473,957,000 and tangible assets of $312,856,000. The market capitalization as at June 30, 2022 was $1,008,415,884. Adjustments were made for cash and debt to provide a comparable analysis, considering corporate assets or liabilities that are not related to the CGU. Based on this evaluation no impairment was considered necessary. Financial Assets IFRS 9 requires that a valuation allowance for expected credit losses (“expected loss model”) is recognized for all financial assets measured at amortized cost or at fair value through other comprehensive income. Arrival considers a wide range of information when assessing credit risk and measuring expected credit losses, including past events and current conditions, but also reasonable and supportable forecasts that affect the expected collectability of the future cash flows of the instrument. Based on the instruments expected credit quality, it must be differentiated between the following three conditions. Stage 1 financial assets are those for which credit quality has not deteriorated significantly since initial recognition or that have a low credit risk. Stage 2 financial assets are those that have deteriorated significantly in credit quality since initial recognition and whose credit risk is not low. Stage 3 covers financial assets for which objective evidence of impairment are present at the reporting date. For all assets within the first category (Stage 1) “12-month expected credit losses” are recognized. For all assets within the second category we recognize “lifetime expected credit losses”. Measurement of the expected credit losses is determined by a probability-weighted estimate of credit losses over the expected life of the financial instrument. Instruments within the scope of these requirements include loans that were granted to some employees in connection with Arrival`s Restricted Share Plan (RSP). For estimating the expected credit loss for such loans, we have obtained the help of a professional third-party valuation expert for valuation inputs and determining the fair value and the expected credit losses for the RSP loans. As of June 30, 2022, the RSP employee loans were subject to additional expected credit losses charged to finance cost after management adopted revised estimates about expected repayment dates from employees. For further information, please see note 6 .

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2022
Property, plant and equipment [abstract]
PROPERTY, PLANT AND EQUIPMENT	PROPERTY, PLANT AND EQUIPMENT In thousands of dollars Land and Plant and Furniture and Motor Assets under TOTAL Cost 225,252 66,630 8,170 1,108 90,708 391,868 Depreciation (27,446) (25,001) (3,566) (659) — (56,672) Impairment (15,843) (5,537) (89) (162) (709) (22,340) Net book value at June 30, 2022 181,963 36,092 4,515 287 89,999 312,856 Cost 207,378 52,822 8,598 1,146 55,128 325,072 Depreciation (22,013) (20,728) (3,183) (595) — (46,519) Impairment (3,543) (2,733) (210) (219) (241) (6,946) Net book value at December 31, 2021 181,822 29,361 5,205 332 54,887 271,607 Cost 114,999 31,848 6,984 738 6,310 160,879 Depreciation (7,912) (12,636) (1,713) (272) — (22,533) Impairment — (29) — — — (29) Net book value at December 31, 2020 107,087 19,183 5,271 466 6,310 138,317 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. During the period under review, Management has decided to impair certain leases in Russia, the U.S. and in Spain as the Group plans to no longer utilize these lease locations. The total impairment of these leases amounted to USD 13,035,632. In addition, as the Group plans to stop its operations in Russia, an impairment of USD 2,862,462 has been recognized relating to plant and equipment that the Group has in Russia. In addition there was a reversal of impairment for an amount of USD 1,093,152 as assets that have been fully impaired in 2021 relating to Charging CGU, have been move during the period to our new office in Georgia and have been put into use. During the first half of 2022 the Company entered into new lease agreements in Georgia, England, the U.S., and China. Those additional leases resulted in a corresponding increase of the right-of-use asset by USD 41,659,841 which is reflected in the table above within land and buildings. The foreign exchange impact on leases was a decrease and amounted to USD 15,321,963. Furthermore, the Group has cancelled several leases which resulted in a decrease of the right-of use of asset for an amount of USD 13,996,489. Additions during the 6 month period ended June 30, 2022, for plant and equipment include acquisition for USD 12,910,000 and reclassification from assets under construction of USD 3,680,752. The total foreign exchange difference for plant and equipment decrease the total amount by USD 3,309,561 During the 6 months period ended June 30, 2022, the Group the additions to the assets under construction amounted to USD 47,350,742. An amount of USD 28,268,000 relates to addition to the plant, machinery and tooling classified under this category as well as leasehold improvements under construction of USD 14,402,000. Additions to the assets under construction include capitalized borrowing costs of an amount USD 3,680,752. Assets that have been put into use which were classified under assets under construction have been reclassified to the appropriate category. More specifically, USD 3,149,189 has been reclassified to plant and equipment and USD 3,615,467 to land and buildings. Foreign exchange differences for the 6 months period ended June 30, 2022 were USD 4,888,441.

INTANGILE ASSETS AND GOODWILL

INTANGILE ASSETS AND GOODWILL	6 Months Ended
	Jun. 30, 2022
Intangible Assets [Abstract]
INTANGILE ASSETS AND GOODWILL	INTANGIBLE ASSETS AND GOODWILL In thousands of USD Goodwill Assets under Patent, trademarks Software TOTAL Cost 30 522,801 510 24,600 547,941 Amortization — — (162) (6,600) (6,762) Impairment — (66,936) (286) — (67,222) Net book value at June 30, 2022 30 455,865 62 18,000 473,957 Cost 32 473,841 568 10,841 485,282 Amortization — — (169) (4,464) (4,633) Impairment (2) (65,648) (325) — (65,975) Net book value at December 31, 2021 30 408,193 74 6,377 414,674 Cost 35 256,200 573 5,575 262,383 Amortization — — (102) (2,498) (2,600) Impairment (2) (49,058) — — (49,060) Net book value at December 31, 2020 33 207,142 471 3,077 210,723 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. Assets under construction include all costs of projects that are in development phase. The projects under development relate to electric vehicles, electric vehicle components and software. Assets under construction include equipment, tooling and parts that have been acquired during the period and will be used for the development of Arrival's projects. The amount of additions to Assets under construction during the period amounted to USD 88,338,757 (2021: USD 151,764,964) and are net of grants and research and development tax incentives of USD 8,301,721 (2021: USD 16,602,818). Additions to the assets under construction includes capitalized borrowing cost for an amount of USD 7,583,368. With the company's recently announced proposed reorganization of its business in response to the challenging economic environment as it focuses on its next major milestone – starting production of the Arrival Van in Q3 2022, certain development projects elements within our internally developed intangible assets have been temporarily paused in order to focus efforts on the vehicle launch for Vans or pending further funding. While the company does intend to complete these projects over time, this pause, as per IAS 36, may indicate that such assets should be assessed separately for impairment rather than on a CGU level. Arrival has considered such projects within the CGU to identify any impacted by the revised business plan and assessed for impairment. As a result, the Company has recorded an impairment of USD 8,938,226 as of June 30, 2022. The impairment charge relates to the initial development cost of the Cars project which remains in the Group’s longer term business plans to develop further but for which funding will be needed to progress and having considered the criteria for capitalization of initial development costs under IAS 38 and the likely timelines to secure funding the Company has determined to impair the associated assets in full, there being no future cash flows that can be reasonably attributed to these assets as at June 30, 2022. Impairments for assets under construction have increase during the period by USD 9,086,718 million due to impairments recognized during the period (see note above). This increase in the impairment account was net-off by the change of foreign exchange differences which amounted to USD 7,799,066 million.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	6 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
TRADE AND OTHER RECEIVABLES	TRADE AND OTHER RECEIVABLES A. Non-Current trade and other receivables In thousands of dollars June 30, 2022 31 December, December 31, 2020 Loans receivable 17,801 21,613 2,259 Call deposit 4,457 4,584 1,984 Cash Guarantees and deposits 11,344 14,663 8,992 Other 45 56 — Total 33,647 40,916 13,235 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. Non - current trade and other receivables are composed of financial assets classified at amortized cost. The Group classifies its financial asset at amortized cost if both of the following criteria are met: • The assets are held within a business model whose objective is to collect the contractual cash flows and • The contractual terms give rise to cash flows that are solely the payments of principal and interest (i) Loans receivable On September 30, 2021, the Group signed new loan agreements in order to refinance RSP loans that were expiring in October 2021. Due to the refinancing, IFRS 9 required de-recognition of the carrying amounts of the loans re-financed and recognition of the new loans granted. Certain Loans were re-financed on April 8, 2022, resulting in de-recognition of the old loans and recognition of the new loans granted. As of December 31, 2021, management decided to extend the terms of the loans maturing in October 2022 to October 10, 2027 and was then approved by the Board of Directors on April 8, 2022. Accordingly, management has reassessed the expected redemption date for all loans and based on the updated redemption dates the BSMOPM yields a fair value of the loans maturing in October 2027 of USD 20,582,787 and a fair value for the loans maturing on October 10, 2030, of USD 2,347,153. The difference between the carrying amount of the loans expected to mature in 2027 and the fair value of these loans has been recorded as impairment of RSP for USD 13,117,000 loans as of December 31, 2021. Subsequent to the re-financing on April 8,2022, a net loss on refinancing of RSP loans of USD 2,459,862 was included in finance costs for the period ended June 30, 2022. Correspondingly, certain impairments recognized in first quarter of 2022 were reversed in the second quarter of 2022, with a net impairment loss of USD 1,076,896 being recognized in finance cost for the six months period ended June 30,2022. This impairment loss reflects management's re-assessment of the recoverability of the loans. The loss on refinancing of RSP Loans and the impairments or impairment reversals of RSP loans are disclosed in note 16, Finance Income and Costs. During the reporting period, the company reassessed the timing of cash flows of the RSP loans. It is now estimated that the loans will be paid back as per the timelines presented in the table below. Management has reassess the expected repayment of the loans given the extension that has been granted as well as the current market conditions. As of December 31, 2021 it was estimated that the loans were going to be repaid as follows: 20% in 2023, 20% in 2024, 30% in 2025 and 30% in 2026. A. Non-Current trade and other receivables (continued) Year of Projected Payback % Payback Estimate % Payback Estimate Loans Maturing 2030 2022 — — 2023 — — 2024 — — 2025 20% 10% 2026 20% 10% 2027 60% 20% 2028 — 20% 2029 — 20% 2030 — 20% (ii) Call deposits Call deposits are comprised of deposits the Group have made for facilities in the US for which the Group does not have the right to withdraw the money. Call deposits are maintained and renewed as needed in order to comply with the terms of certain lease agreements. (iii) Cash guarantees and deposits Cash guarantees and deposits are amounts that some companies of the Group have deposited in escrow accounts in order to obtain a lease and/or to obtain services provided by third parties. The cash guarantees match each lease duration. The leases expire between 2 to 15 years. B. Current trade and other receivables In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 R&D tax credits 22,892 14,847 26,135 VAT receivable 17,981 13,772 6,455 Other tax receivables 12,307 13,807 — Call deposit — — 524 Deferred charges 7,384 1,116 53 Loans receivable — 143 29,344 Impairment of other receivables (151) (42) (7) Other receivables 1,055 1,669 600 Total 61,468 45,312 63,104 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2.

INVENTORY

INVENTORY	6 Months Ended
	Jun. 30, 2022
Classes of current inventories [abstract]
INVENTORY	INVENTORY In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 Raw materials, consumables and others 44,671 24,642 14,504 Inventory write-downs (13,979) (1,665) — Inventory 30,692 22,977 14,504 Charges to the statement of profit or (loss) 13,979 1,665 — Inventory write-downs - closing balance 13,979 1,665 — All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. Inventory write-downs consist primarily of aged batteries cells that are no longer suitable for production use and no longer have a viable alternative use case.

CAPITAL AND RESERVES

CAPITAL AND RESERVES	6 Months Ended
	Jun. 30, 2022
Disclosure of classes of share capital [abstract]
CAPITAL AND RESERVES	8. CAPITAL AND RESERVESShare capital and share premiumOn June 3, 2022, during the Extraordinary General Meeting of Arrival, the following was resolved to abolish the nominal value of all shares issued by the Company, so that the value of each share will forthwith be its accounting par value and the issued capital will be changed from Euro to USD by applying the EUR/USD exchange rate published on the website of the European Central Bank on June 2, 2022 (the "Exchange Rate"). The rate used for the conversion is 1.0692. Existing issued capital amounting to EUR 65,766,108 is converted into its equivalent amount in USD 70,317,122 per the exchange of USD.

LOANS AND BORROWINGS

LOANS AND BORROWINGS	6 Months Ended
	Jun. 30, 2022
Disclosure of reconciliation of liabilities arising from financing activities [abstract]
LOANS AND BORROWINGS	LOANS AND BORROWINGS In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 Non-current loans and borrowings Lease liability 181,804 173,904 107,870 Convertible notes 169,243 159,021 — Embedded derivatives 13,500 118,600 — Total non-current loans and borrowings 364,547 451,525 107,870 Current loans and borrowings Current portion of lease liabilities 16,281 13,076 5,221 Accrued interest on convertible notes 933 1,182 — Other 7 — — Total current loans and borrowings 17,221 14,258 5,221 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. The following table shows the change of the lease liability over the last six months ended June 30, 2022, and the additional lease liabilities that arose from new and modified leases during the period: In thousands of USD Currency Weighted average of incremental borrowing rate Carrying amount January 1, 2022 186,980 New leases Office in Georgia USD 9.80% 1,022 Warehouse/R&D facility in Georgia USD 9.40% 322 Battery Module facility in England GBP 5.40% 12,845 Office in China CNY 5.40% 96 Composite/logistic and Van assembly in the USA USD 5.50% 27,375 Modification of leases Office in RUS RUB 9.20% (99) Office, warehouse and factory in Lithuania EUR 6.20% 380 Office in Germany EUR 4.00% 613 Office in Israel ILS 6.20% (773) Repayments Multi-currency (10,521) Interest on leases 6,312 Cancellation of leases (10,734) Foreign exchange impact Multi-currency (15,733) June 30, 2022 198,085 The following table shows the carrying amount of the lease liabilities and the convertible notes and their expected future cash outflows split based on their maturities. In thousands of USD Carrying amount Total Within one year Between 1 and 5 years More than 5 years June 30, 2022 Leases 198,085 268,582 25,499 93,736 149,347 Convertible notes 170,176 370,400 11,200 359,200 — December 31, 2021 Leases 186,980 259,883 24,074 89,284 146,525 Convertible notes 160,203 376,248 11,448 364,800 — December 31, 2020 Leases 113,091 166,389 12,137 52,649 101,603 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. The Group leases office buildings and industrial buildings used for the development and production of our products. Depending on the type of lease and the location, the lease durations vary from 1 to 15 years. Where practical, the Group seeks to have an option to extend and/or to renew the lease. This option is exercisable only by the Group. The Group assess at the lease commencement date whether it is reasonably certain to exercise the extension option. For the leases that it is estimated that the option will be exercised, the extended lease maturity date has been factored-in when discounting the lease liability. The lease commitments shown in the above table also include the amounts that the Group will have to pay related to these leases.

WARRANTS

WARRANTS	6 Months Ended
	Jun. 30, 2022
Disclosure Of Warrants [Abstract]
WARRANTS	WARRANTS During the reporting period no warrants were newly issued or redeemed. The movement of the warrants during the period was as follows: In thousands of USD Number of Warrants Value (USD thousand) January 1, 2021 Warrants issued by Arrival 20,112,493 208,586 Change in fair value — (122,299) Warrants exercised (17,009,291) (82,669) Warrants redeemed (711,536) (7) December 31, 2021 2,391,666 3,611 Change in fair value — (3,277) June 30, 2022 2,391,666 334 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2.

FINANCIAL INSTRUMENTS - FAIR VA

FINANCIAL INSTRUMENTS - FAIR VALUES	6 Months Ended
	Jun. 30, 2022
Disclosure Of Fair Value Measurement [Abstract]
FINANCIAL INSTRUMENTS - FAIR VALUES	FINANCIAL INSTRUMENTS – FAIR VALUES The following table shows the carrying amounts, and if applicable, the fair values and measurement categories of the Group’s financial instruments within the scope of IFRS 7. The fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In thousands of USD Measurement category Carrying amount Fair value 1,2 Level in the fair value hierarchy June 30, 2022 Trade and other receivables 1 AC 77,314 — — Loans to employees AC 17,801 20,441 3 Cash and cash equivalents 1 AC 512,615 — 1 Total financial assets 607,730 Trade and other payables 1 AC 67,337 — — Lease liabilities 2 AC 198,085 — — Convertible notes AC 170,176 110,340 3 Embedded derivative FVTPL 13,500 13,500 3 Warrants FVTPL 334 334 3 Total financial liabilities 449,432 Aggregated according to measurement categories: Financial assets measured at amortized cost (AC) AC 607,730 — 1/3 Financial assets measured at fair value through profit or loss (FVTPL) FVTPL — — — Financial liabilities measured at amortized cost (AC) AC 435,597 — 3 Financial liabilities measured at fair value through profit or loss (FVTPL) FVTPL 13,835 13,835 3 In thousands of USD Measurement category Carrying amount Fair value1,2 Level in the fair value hierarchy December 31, 2021 Trade and other receivables1 AC 64,615 — - Employee loans AC 21,613 22,930 3 Cash and cash equivalents1 AC 900,606 — 1 Total financial assets 986,834 — Trade and other payables1 AC 66,970 — - Lease liabilities2 AC 186,980 — - Convertible notes AC 160,203 174,616 3 Embedded derivative FVTPL 118,600 118,601 3 Warrants FVTPL 3,611 3,611 3 Total financial liabilities 536,364 — Aggregated according to measurement categories: Financial assets measured at amortized cost (AC) AC 986,832 — 1/3 Financial assets measured at fair value through profit or loss (FVTPL) FVTPL — — — Financial liabilities measured at amortized cost (AC) AC 414,152 — 3 Financial liabilities measured at fair value through profit or loss (FVTPL) FVTPL 122,212 122,212 — In thousands of USD Measurement category Carrying amount Fair value1,2 Level in the fair value hierarchy December 31, 2020 Trade and other receivables1 AC 44,735 — - RSP loans AC 36,811 37,096 3 Cash and cash equivalents1 AC 82,314 — 1 Total financial assets 163,860 37,096 Trade and other payables1 AC 41,924 — - Lease liabilities2 AC 113,091 — - Total financial liabilities 155,015 — Aggregated according to categories in IFRS 9: Financial assets measured at amortized cost (AC) AC 163,860 37,096 1/3 Financial assets measured at fair value through profit or loss (FVTPL) FVTPL — — - Financial liabilities measured at amortized cost (AC) AC 155,015 — 3 Financial liabilities measured at fair value through profit or loss (FVTPL) FVTPL — — - 1 The simplification option under IFRS 7.29(a) was used for disclosures of certain fair values where the carrying amount is a reasonable approximation of the instruments fair value. 2 Measurements within the scope of IFRS 16 are exempted from the requirements of IFRS 13 (IFRS 13.6(b))

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2022
Disclosure Of Components Of Income Tax Expense Benefit [Abstract]
INCOME TAXES	INCOME TAXES Income tax expense is recognized at an amount determined by multiplying the profit/(loss) before tax for the interim reporting period by the Company’s best estimate of the weighted-average annual income tax rate expected for the full financial year, adjusted for the tax effect of certain items recognized in full in the interim period. As such, the effective tax rate in the interim fina ncial statements may differ from the Company’s estimate of the effective tax rate ("ETR") for the annual financial statements. The Group’s consolidated effective tax rate in respect of continuing operations for the six months ended June 30, 2022 was (4.33)% (2021: (0.62)%). The decrease in the ETR between the period ended June 30, 2022 and June 30, 2021 is mainly attributed to a reduction in the amount of losses incurred before tax and a decrease in expenses which are considered not deductible for tax purposes, including listing expenses and Fair Value of the warrants as a result of the CIIG merger.

TRADE AND OTHER PAYABLES

TRADE AND OTHER PAYABLES	6 Months Ended
	Jun. 30, 2022
Trade and other payables [abstract]
TRADE AND OTHER PAYABLES	TRADE AND OTHER PAYABLES In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 Current liabilities Trade payables 41,531 41,238 11,221 Wages, Salaries, Bonus & Payroll Charges 7,723 9,332 19,480 Accrued expenses 15,068 15,599 10,817 Other payables 3,015 801 407 67,337 66,970 41,925 All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. Other payables includes Income Tax and National Insurance contributions for employee s . Accruals primarily relate to goods and services received but yet to receive invoice.

LOSS PER SHARE

LOSS PER SHARE	6 Months Ended
	Jun. 30, 2022
Basic earnings per share [abstract]
LOSS PER SHARE	LOSS PER SHARE The calculation of basic loss per share has been based on the following losses attributable to ordinary shareholders and weighted number of shares outstanding: i. (Loss) attributable to ordinary shareholders from continuing operations: Six months ended June 30, In thousands of USD 2022 2021 (Loss) for the period, attributable to the owners of the Company (basic) (99,950) (1,207,256) Six months ended June 30, In thousands of shares 2022 2021 Ordinary shares as at January 1 633,289 466,762 Conversion of preferred A shares into ordinary shares — 41,944 Issue of shares to CIIG shareholders — 39,557 Issue of shares for exercise of warrants — 292 Exercise of options by SOP participants 2 — Shares repurchased from RSP participants (98) (4) Shares granted to RSU scheme’s participants 782 — Weighted-average number of Ordinary shares as at the end of the period 633,975 548,551

LISTING EXPENSE

LISTING EXPENSE	6 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
LISTING EXPENSE	LISTING EXPENSE On November 18, 2020 the Business Combination Agreement (or Merger Agreement) was executed between CIIG and Arrival. As a result of the completion of the business combination, the shareholders of CIIG exchanged their shares in CIIG for shares in Arrival on March 24, 2021. Additionally, warrants issued by CIIG to its shareholders were cancelled and re-issued by Arrival. As a result of this arrangement, CIIG was merged with Arrival with Arrival being the listed entity. CIIG pre-acquisition by Arrival did not have any operations and did not meet the definition of Business and hence the transaction was accounted an equity transaction in accordance with IFRS 2 “Share based Payments”. In accordance with the guidance provided by the IFRS Interpretations Committee in March 2013, management identified the difference between the fair value of the shares deemed to have been issued by Arrival and the fair value of the identifiable net assets of CIIG and warrants transferred have been recorded as a Listing expense as a part of the Operating expenses in the Consolidated statement of profit or (loss). The fair value of the issued shares was determined by multiplying the share price as of the date of the transaction with the shares issued. The warrants issued consisted of private and public warrants. The fair value of the public warrants were determined on the opening quoted price subsequent to the listing. The fair value of the private warrants was determined using a Black Scholes model. The table below sets out the listing expense incurred in the six months to June 30, 2021. Six months ended In thousands of USD June 30, 2021 Listing expenses Reverse merger impact in the consolidated statement of profit or (loss) due to IFRS 2 accounting treatment Fair value of shares issued 1,591,090 Fair Value of Warrants transferred 208,586 Total value of consideration 1,799,676 Less Fair Value of net asset received (631,161) Total reverse merger impact in the consolidated statement of profit or (loss) due to IFRS 2 accounting treatment 1,168,515 Other expenses directly linked to the listing expense** 19,820 Total listing expense 1,188,335

FINANCIAL INCOME_EXPENSE

FINANCIAL INCOME/EXPENSE	6 Months Ended
	Jun. 30, 2022
Financial Income Expense [Abstract]
FINANCIAL INCOME/EXPENSE	FINANCIAL INCOME/EXPENSE 6 months ended In thousands of USD Note 30 June 2022 30 June 2021 Finance income Change in fair value of warrants 3,277 97,021 Change in fair value of embedded derivatives 104,931 — Interest receivable on RSP loans calculated using effective interest rate 1,526 7,252 Other interest 775 172 Reversal of difference between fair value and nominal value of loans repaid 295 1,742 Foreign exchange differences 26,491 — Other finance income 94 1 Total finance income 137,389 106,188 Finance cost Bank charges (212) (197) Interest on convertible notes (4,558) — Other interest payable (40) (181) Interest on leases (6,312) (4,390) Foreign exchange differences — (9,630) Loss on refinancing of RSP loans (2,460) — Impairment of financial assets (1,077) — Other — — Total finance cost (14,659) (14,398) All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. Change in the fair value of embedded derivative represents the movement in fair value of the embedded derivative during the period. The significant decrease in the value of the embedded derivative is mainly driven by the decrease in the share price of Arrival, the increase in volatility as well as the increase in risk free rate. In addition, the Group has recognized significant foreign exchange gains for the six months period ended June 30, 2022 as the Group benefited from the strengthening of the USD compared to other currencies. The Group maintains the majority of it cash in USD.

SHARE BASED PAYMENTS

SHARE BASED PAYMENTS	6 Months Ended
	Jun. 30, 2022
Share Based Payments [Abstract]
SHARE BASED PAYMENTS	SHARE BASED PAYMENTS During the first half of 2022, Arrival introduced two new share-based payment plans as part of its Incentive Compensation Plan (ICP) program, (A) a Restrictive Stock Units (RSU) and Performance Stock Units (PSUs) Plan and (B) a Long-Term Incentive Plan (LTIP) which includes 3 different types of share-based compensation (i) Performance Stock Units (ii) Restrictive Stock Units (RSU) plan and (iii) Stock Option Plan (SOP)s; details of which are described as follows: (A) Restrictive Stock Units (RSUs) and Performance Stock Units (PSUs) RSU and PSUs were introduced on January 10, 2022 for all employees who joined the company on or before August 31, 2021. The number of RSUs granted to each employee is based on the job level and tenure at Arrival. The respective employees obtain the right to receive Arrival common stock when certain vesting conditions are met. If an employee leaves prior to the vesting conditions being met, the RSUs will be forfeited. This program is accounted for as an equity-settled share-based payment transaction. The total number of RSU and PSUs granted were 1,730,013 and 1,730,909 respectively and the total fair value of the awards as of the grant date amounted to USD 13,912,906. The vesting conditions are based on the satisfaction of service conditions and other non-market performance conditions: • time-based vesting condition where 50% of the RSUs vest at a specific point of time • performance-based vesting conditions ◦ 25% of the RSUs vest based on achievement of a production rate milestone when the board determines that a microfactory is fully operational, met the confirmed vehicle output, and when the Participant has provided its services until the respective milestone achievement date. ◦ 25% vest based on achievement of a contribution milestone determined by the Board the total contribution of any one microfactory was greater than or equal to the contribution target, and when the participant has provided services until the respective Milestone achievement date. Based on the current stipulations, ▪ 50% of the contribution milestone are met once a microfactory generates a gross margin of at least USD 80 million ▪ 100% of this milestone are met once the gross margin equals or exceeds USD 100 million ▪ 125% of this milestone are met once a microfactory reports a gross profit of at least USD 120 million. The period over which the RSU expense is spread in the consolidated statement of profit or (loss) is based on the achievement of the production rate milestone and the contribution milestone. An increase/(decrease) in the estimated number of awards expected to vest would result in an increase (decrease) of total compensation expense dependable on (i) achievement of the milestones and (ii) employee turnover rate which are based on management's best estimates relying on the below assumptions. The key assumptions for this program as of June 30, 2022 are summarized below: • The grant date is January 24, 2022 based on the date that management signed and dated on the RSU agreements and the fair value of the RSUs is USD 4.02, which is Arrival`s closing share price on this date. • The vesting period and the expense recognition starts on January 10, 2022 (at the service commencement date when an explanatory letter was sent to employees explaining when the share-based program would be issued) • The time vesting condition vests automatically once an individual employee has completed 12 months of service • The end of the vesting period is different per each tranche of the award, as the performance conditions are expected to be met at different points in time • Based on the current business plan it is expected that the production rate milestone will be fulfilled in April 2024, and the contribution milestone will be met in November 2024 • The expected annual employee turnover rate is 17%. (B) Long-Term Incentive Plan (LTIP) LTIP awards was introduced on May 9, 2022 (the "grant date") and are subjected to the terms, definitions, and provisions of the Company’s 2021 incentive compensation plan (ICP). The LTIP program comprises of three different types of share-based compensation (i) Performance Stock Units (PSUs) (ii) Restricted Stock Units (RSUs) and (iii) Stock Options which are awarded based on job level and are tied to employment. The underlying instrument of the RSU and PSU awards and the stock options are Arrival common stock which are traded on the NASDAQ under stock symbol ARVL. The PSUs are granted annually, and the RSUs and the Stock Options are granted quarterly. The options vest as to 25% on the first anniversary of the grant date and thereafter 25% on every subsequent anniversary, until all options are fully vested, i.e. the options vest equally over a four year period. The RSUs and PSUs are accounted for as an equity-settled share-based payment transaction. The fair value of the RSUs and PSUs are based on Arrival`s closing share price on the grant date. (i) LTIP - Restrictive Stock Units (LTIP RSUs) The RSUs are granted quarterly to the employees and vest in equal installments over a three-year period. i.e. 33.33% vest after the first anniversary of the grant date, 33.33% vest after two years, and the remaining 33.33% vest three years after the grant date. The requirement for the RSUs to vest is that the employee remains employed within the Arrival Group until the vesting date. The first vesting of the RSUs will occur on May 9, 2023, one year after the commencement date. The total number of LTIP RSUs granted were to 13,347,757 having a fair value as of grant date of USD 22,936,786. (ii) LTIP - Performance Stock Units (LTIP PSUs) The PSUs grant the employee the right to receive Arrival common stock when the vesting conditions are met i.e. a performance target is reached. The vesting conditions are based on the satisfaction of two different performance conditions as follows: (a) production rate milestone - 50% of the PSUs vest when the Board determines that a microfactory has been fully operational and met the confirmed vehicle output. The quantity of the vehicle output determines the quantity of the awards granted: • with a minimum achievement criteria equal to 8,000 vans per year, 50% of the PSU awards that have been granted for the production rate milestone vest, which is equal to 25% of all PSU awards. • with vehicle output equal to 10,000 vans per year, the predefined target is considered to be met to 100% and all PSU awards that have been granted for the production rate milestone will vest. This would be equal to 50% of the total PSU awards granted. • with vehicle output equal to 12,000 vans per year, the target is considered to be exceeded and 125% of the PSU awards that have been granted for the production rate milestone will vest. This would be equal to 62.5% of the total PSU awards granted. (b) contribution milestone vest based upon achievement of a “contribution milestone” determined by the Board where the total contribution of any one microfactory was greater than or equal to the contribution target which is based on the sales price received in cleared funds, the bill of material for the vehicles produced and the resulting level of gross profit. The contribution milestone vest in stages once a certain gross profit margin has been achieved by a microfactory. Based on the current stipulations, ▪ 50% of the contribution milestone are met once a microfactory generates a gross margin of at least USD 80 million ▪ 100% of this milestone are met once the gross margin equals or exceeds USD 100 million ▪ 125% of this milestone are met once a microfactory reports a gross profit of at least USD 120 million. The total number of LTIPs PSUs granted amounted to 37,365,637 having a fair value as of grant date of USD 64,209,111. (iii) LTIP - Stock Options Plan (SOPs) The fair value of the stock options has been determined using the Black-Scholes-Merton Option Pricing Model (BSMOPM). The options have been granted in three different tranches which have slightly different terms. The Management Options and the Employee Options are subject to time-based vesting conditions (i.e., service conditions). 25% of the options shall vest on the first anniversary of the contractual grant date; and thereafter 25% of the options shall vest on every subsequent anniversary, until fully-vested. The Company granted 10,879,959 SOPs having a fair value as of grant date of USD 10,162,424. During the six m onths ending June 30, 2022, the total cost for the forementioned new programs that were implemented in 2022 amounted to USD 12,121,929. Of that amount a total share-based payment expense of USD 9,136,291 has been recognized in the P&L and the remainder of USD 2,985,638 has been capitalized on the balance sheet. The total number of outstanding awards as of June 30, 2022 for all the forementioned new programs was 60,791,472. The following table sets out the model inputs used in the BSMOPM for determining the fair value of the options that were granted in 2022: Management Options Employee Options Topup Grant date May 20, 2022 May 16, 2022 May 22, 2022 The grant date is based on the volume-weighted average date on which each employee signed their option agreement. Share price at grant date $1.8280 $1.7315 $1.7335 This is based on the volume-weighted average opening share price on each date the employee signed their option agreement. Exercise price $1.90 $1.90 $1.90 The exercise price is the same for all three batches. Expected term 5.47 - 6.97 years 0.98 - 3.98 years 0.96 years The expected term is based on theoretical considerations and typical market practice taking into account the contractual exercise period and the expected exercise behavior of the recipients. Number of options 1,046,956 9,574,913 258,090 Reflects the total number of options that were granted to the participants. Risk-free rate 2.84% - 2.89% 2.05% - 2.76% 2.05% Based on the market yield on zero-coupon US treasury bonds with a maturity commensurate to the expected term. Dividend yield —% —% —% It is expected that no dividends are paid out during the expected terms to exercise. Volatility 98.90% 85.40% - 111.60% 85.40% Estimate based on the historical volatility of Arrival and a range of comparators over a period commensurate to the expected term. The following table displays the sensitivity of the stock options fair value to a change in the expected term: Sensitivity of total fair value to expected term In thousands USD Expected term Management Options Employee Options Topup Options Base case -0.5 years 1,485 11,284 235 Base case -0.25 years 1,505 11,495 248 Base case 1,524 11,967 253 Base case +0.25 years 1,541 12,069 258 Base case +0.5 years 1,558 12,264 262 The following table displays the sensitivity of the stock options to a change in the expected share price volatility: Sensitivity of total fair value to expected volatility In thousands USD Expected volatility Management Options Employee Options Topup Options Base case -20% 2 10,307 209 Base case -10% 1,435 11,179 231 Base case 1,524 11,967 253 Base case +10% 1,600 12,671 273 Base case +20% 1,665 13,293 292 For the LTIP program, the employee turnover rate is estimated to be 17% and the performance conditions are expected to be met in April 2024 (production milestone) and November 2024 (contribution milestone). The expectations regarding the employee turnover rate and the milestone achievement dates are subject to quarterly revision and can naturally change as time passes. A change in any of such assumptions as well as a change in any of the inputs used in the BSMOPM would result in a change of the periodic compensation expense. (C). Stock Option Plans 2020 (SOPs 2020) For the SOP 2020 program that was implemented in 2020 a total expense of USD 1,469,467 h as been recognized in the first half of 2022. For the expense calculation it is assumed that the annual employee turnover rate equals 17%, that the profitability milestone is achieved in November 2024, and that the production milestone is achieved in April 2024. There has been a revision in production milestone in the second quarter of 2022 from October 31, 2023 to April 30, 2024. This change in estimate resulted in a reduced expense recognition as a result of the total compensation expense is now spread out over a longer period. T he impact of the change in the period amounted to USD 1,246,249. The total number of outstanding SOPs 2020 awards as of June 30, 2022 was 13,128,512.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2022
Disclosure of transactions between related parties [abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The Group’s related parties include its ultimate parent company Kinetik, key management personnel and any subsidiaries or entities under the significant influence of Kinetik. Transactions between Group entities which have been eliminated on consolidation are not disclosed. The following transactions were carried out with related parties: In thousands USD Transactions for the period Balance as at Six months ended June 30, June 30, 2022 December 31, 2021 December 31, 2020 Related party 2022 2021 Hyundai Kia — — — 283 — Hyundai Mobis 1,125 254 (351) — — Hyundai Motor Company — (534) — — — All prior year comparatives have been translated to US Dollars due to a change in presentational currency. See note 2. The related party tra nsactions relate mainly to acquisition of materials and services. Key management personnel compensation during the six months ended June 30, 2022 was USD 1,694,915 and it represents the remunerations and benefits 5 key employees of the Group received during the period. Compensation was comprised of wages and salaries, social contributions and other benefits. In addition the Key management personnel has received a total number of new awards (RSUs and LTIPs see note 17) of 3,165,049 having a fair value USD 5,529,178. The expense charged statement of profit or (loss) and other comprehensive income/(loss) in regards to this Scheme amounted to USD 845,518. An expense of USD 332,294 was also charged during the period in the statement of profit or (loss) and other comprehensive income/(loss) which relates to SOP schemes granted in 2020. Furthermore, an amount of USD 656,447 has been paid to 5 non-executive Directors during the six months period ended June 30, 2022. During the period an amount of USD 144,896 has been charged to the statement of profit or (loss) and other comprehensive income/(loss) in regards to RSUs that have been granted to the non-executive Directors.

CLAIMS AND LITIGATIONS

CLAIMS AND LITIGATIONS	6 Months Ended
	Jun. 30, 2022
Claims and Litigations [Abstract]
CLAIMS AND LITIGATIONS	Claims and Litigations From time to time, Arrival may become involved in additional legal proceedings arising in the ordinary course of its business. On December 22, 2021, plaintiffs Bruce Schmutter and Dean Samet, purported Arrival stockholders, filed a putative class action complaint against Arrival, Denis Sverdlov, Tim Holbrow, Michael Ableson, and Avinash Rugoobur in the U.S. District Court for the Southern District of New York captioned Schmutter, et al. v. Arrival S.A., et al. (1:21-11016-NRB). Plaintiffs asserted claims on behalf of all persons and entities that purchased or otherwise acquired Arrival common stock between November 18, 2020 and November 19, 2021 under Section 10(b) and 20(a) of the Securities Exchange Act of 1934. The complaint alleged that defendants made false and/or misleading statements or omissions concerning Arrival’s operations, financial performance, and future growth prospects and profitability. On March 7, 2022, plaintiffs filed a notice of voluntary dismissal of the Schmutter action. On January 12, 2022, plaintiff Miguel Sanchez filed a putative class action complaint against Arrival, Denis Sverdlov, Tim Holbrow, Michael Ableson, and Avinash Rugoobur in the United States District Court for the Eastern District of New York captioned Sanchez v. Arrival S.A., et al. (1:22-cv-00172) asserting substantially the same claims and allegations as those asserted in the Schmutter complaint. On February 22, 2022, and February 23, 2022,a number of purported Arrival shareholders filed motions for appointment as lead plaintiff in the Sanchez action. On April 15, 2022, the court appointed Mostaco Corp. as lead plaintiff in that action. On April 8, 2022, another purported Arrival shareholder, Alexandre Lioubinine, filed a putative class action complaint in the Supreme Court of the State of New York captioned Lioubinine v. Arrival, et. al. (651783/2022). The complaint asserts claims against Arrival and certain of its current and former executives and members of the board of directors under Sections 11, 12(a)(2), and 15 of the Securities Act of 1933. The complaint alleges that Arrival’s Registration Statement on Form F-4 filed with the SEC on December 15, 2020, as amended on January 21, February 16, and February 25, 2021, and declared effective on February 26, 2021 (the “Registration Statement”) contained material misstatements and omissions concerning the Company’s operations, financial performance, and future growth prospects and profitability. Lioubinine purports to assert his claims on behalf of all persons and entities who purchased or otherwise acquired Arrival ordinary shares pursuant or traceable to the Registration Statement. As the cases are still in their early stages, it is not possible to determine the likelihood of success on the merits or any potential liability. Arrival intends to vigorously defend the actions.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On July 12, 2022, Arrival has proposed plans that include a realignment of the organization that would enable it to deliver business priorities until late 2023 primarily utilizing the USD 512,614,742 cash and cash equivalents. Arrival’s proposal includes a targeted 30% reduction in spend across the organization and anticipates that it could potentially impact up to 30% of employees globally. Due to geopolitical considerations and the uncertain nature, magnitude and duration of Russia’s war in Ukraine and actions taken by Western and other states and multinational organizations in response thereto, Arrival has taken the decision to close our Russia location a nd on August 8, 2022, Arrival completed the sale of the subsidiary, Arrival RUS, LLC. This sale did not have a material impact on the consolidated results of the company.

BASIS OF PREPARATION (Policies)

BASIS OF PREPARATION (Policies)	6 Months Ended
	Jun. 30, 2022
Basis of preparation [abstract]
Presentation currency	On January 1, 2022 the Group changed its presentational currency from Euro to US dollars in order to provide users of our financial statements with greater transparency of company performance. Given that a significant amount of group transactions are in USD we believe this is more reflective of the economic environment across the group. In accordance with IAS 8, Accounting Policies, Changes in Accounting Estimates and Errors, this change in presentational currency was applied retrospectively and accordingly, prior year financial statements have been restated. Financial information included in the consolidated financial statements for years ended 31 December 2021 and 2020 have been restated in US dollars as follows: • assets and liabilities in non-US denominated currencies were translated into US dollars at the rate of exchange ruling at the relevant balance sheet date; • non-US dollar income statements and cash flows were translated into US dollars at average rates of exchange for the relevant period; • share capital, share premium and all other equity items were translated at the historical rates prevailing on the date of each relevant transaction; • non-US dollar capital transactions including the listing expenses were translated into US dollars at the historical rates prevailing on the date of each relevant transaction; and • the cumulative foreign exchange translation reserve has been restated on the basis that the Group has reported in US dollars since incorporation. In preparing these financial statements, the exchange rates used in respect of the Euro (€) are: Closing Rate June 30 Closing rate December 31 Average rate for the period ended June 30 Average rate for the year ended December 31 ISO Code 2022 2021 2021 2020 2022 2021 2021 2020 EUR 1.047414 1.092998 1.131610 1.227100 1.092998 1.202483 1.183269 1.147000
Accounting estimates and judgements	In preparing these unaudited condensed consolidated interim financial statements, management has made judgements and estimates that affect the application of accounting policies and the reported amounts of assets and liabilities. Actual results may differ from these estimates. The significant judgements made by management in applying the Group’s accounting policies and key sources of estimation uncertainty were the same as those described in the last annual consolidated financial statements for the year ended December 31, 2021 for Arrival Luxembourg S.à r.l. except for: Going Concern The Company has refreshed its near term and long term business plans, updating planning assumptions for the latest understanding of the cost of completing research and development activities, working capital, capital expenditure, operating expenditure, average selling price, bills of materials and revenues. In assessing going concern, the The Board has considered the Group’s cash flow forecasts for the period to August 2023 being the period assessed for going concern purposes together with a severe but plausible downside scenario through to December 2023 reflecting the Group’s early stage of development, production, there being delays to or no funding secured and other uncertainties, as noted above. It has determined that while the company has sufficient cash to meet its immediate needs for the assessed twelve month period and execute a reduced near term business plan, including starting production in 2022 for Van, the Board will need to secure additional capital to execute its full business plan, including the move to hard tooling, the full build out of the Charlotte Microfactory, restart of the Bus program and in the longer-term the deployment of additional microfactories and vehicle platforms. For more information see note 2. (i) Impairment Assessment Arrival performs an annual impairment test for its assets or when there is an indication of impairment at the reporting date. The Group performs a quarterly assessment of all impairment indicators for all assets within the scope of IAS 36. Right of Use Assets For the six months period ended June 30, 2022, it was identified that the right of use assets of three of our leases needed to be impaired. Further information on the impairment of the leases is included in note 4. Intangible Assets and Goodwill The group also performs a quarterly review of all projects classified as internally developed intangible assets in our Consolidated statement of financial position. Under the requirements of IAS 38, an entity is required to recognize an intangible asset if specified criteria are met. With the Company's recently announced proposed reorganization of its business in response to the challenging economic environment and as it focuses on its next major milestone (starting production of the Arrival Van in Q3 2022), certain development projects elements have been temporarily paused in order to focus efforts on the vehicle launch for Vans or pending further funding. While the company does intend to complete these projects over time, this pause, as per IAS 36, may indicate that such assets will be assessed on an individual basis and should be assessed separately for impairment rather than on a CGU level. As a result of this, Arrival has considered such projects within the CGU to identify any impacted by the revised business plan and assessed for impairment and recorded an impairment of USD 8,938,226 as of June 30, 2022 related to these assets. For further information please see note 5. Cash Generating Unit (CGU) Assets Arrival performs an annual impairment test for its CGU assets or when there is an indication of impairment at the reporting date. During the quarter, the share price reduction of Arrival led to a corresponding decrease in the company's market capitalization and this was deemed by Management to be an indication of impairment. In accordance with IFRS 13 management used a valuation technique based on the quoted market price for the Company’s equity shares to determine best estimate of the fair value less cost to disposal of the Auto CGU. This assessment was performed considering the level 1 input of stock price and market capitalization compared to total CGU assets. As at June 30, 2022 Auto CGU consisted of intangible assets of $473,957,000 and tangible assets of $312,856,000. The market capitalization as at June 30, 2022 was $1,008,415,884. Adjustments were made for cash and debt to provide a comparable analysis, considering corporate assets or liabilities that are not related to the CGU. Based on this evaluation no impairment was considered necessary. Financial Assets IFRS 9 requires that a valuation allowance for expected credit losses (“expected loss model”) is recognized for all financial assets measured at amortized cost or at fair value through other comprehensive income. Arrival considers a wide range of information when assessing credit risk and measuring expected credit losses, including past events and current conditions, but also reasonable and supportable forecasts that affect the expected collectability of the future cash flows of the instrument. Based on the instruments expected credit quality, it must be differentiated between the following three conditions. Stage 1 financial assets are those for which credit quality has not deteriorated significantly since initial recognition or that have a low credit risk. Stage 2 financial assets are those that have deteriorated significantly in credit quality since initial recognition and whose credit risk is not low. Stage 3 covers financial assets for which objective evidence of impairment are present at the reporting date. For all assets within the first category (Stage 1) “12-month expected credit losses” are recognized. For all assets within the second category we recognize “lifetime expected credit losses”. Measurement of the expected credit losses is determined by a probability-weighted estimate of credit losses over the expected life of the financial instrument. Instruments within the scope of these requirements include loans that were granted to some employees in connection with Arrival`s Restricted Share Plan (RSP). For estimating the expected credit loss for such loans, we have obtained the help of a professional third-party valuation expert for valuation inputs and determining the fair value and the expected credit losses for the RSP loans. As of June 30, 2022, the RSP employee loans were subject to additional expected credit losses charged to finance cost after management adopted revised estimates about expected repayment dates from employees. For further information, please see note 6 .

BASIS OF PREPARATION (Tables)

BASIS OF PREPARATION (Tables)	6 Months Ended
	Jun. 30, 2022
Basis of preparation [abstract]
Foreign Exchange Rates	In preparing these financial statements, the exchange rates used in respect of the Euro (€) are: Closing Rate June 30 Closing rate December 31 Average rate for the period ended June 30 Average rate for the year ended December 31 ISO Code 2022 2021 2021 2020 2022 2021 2021 2020 EUR 1.047414 1.092998 1.131610 1.227100 1.092998 1.202483 1.183269 1.147000

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2022
Property, plant and equipment [abstract]
Summary of Property, Plant and Equipment	In thousands of dollars Land and Plant and Furniture and Motor Assets under TOTAL Cost 225,252 66,630 8,170 1,108 90,708 391,868 Depreciation (27,446) (25,001) (3,566) (659) — (56,672) Impairment (15,843) (5,537) (89) (162) (709) (22,340) Net book value at June 30, 2022 181,963 36,092 4,515 287 89,999 312,856 Cost 207,378 52,822 8,598 1,146 55,128 325,072 Depreciation (22,013) (20,728) (3,183) (595) — (46,519) Impairment (3,543) (2,733) (210) (219) (241) (6,946) Net book value at December 31, 2021 181,822 29,361 5,205 332 54,887 271,607 Cost 114,999 31,848 6,984 738 6,310 160,879 Depreciation (7,912) (12,636) (1,713) (272) — (22,533) Impairment — (29) — — — (29) Net book value at December 31, 2020 107,087 19,183 5,271 466 6,310 138,317

INTANGILE ASSETS AND GOODWILL (

INTANGILE ASSETS AND GOODWILL (Tables)	6 Months Ended
	Jun. 30, 2022
Intangible Assets [Abstract]
Summary of Intangible Assets and Goodwill	In thousands of USD Goodwill Assets under Patent, trademarks Software TOTAL Cost 30 522,801 510 24,600 547,941 Amortization — — (162) (6,600) (6,762) Impairment — (66,936) (286) — (67,222) Net book value at June 30, 2022 30 455,865 62 18,000 473,957 Cost 32 473,841 568 10,841 485,282 Amortization — — (169) (4,464) (4,633) Impairment (2) (65,648) (325) — (65,975) Net book value at December 31, 2021 30 408,193 74 6,377 414,674 Cost 35 256,200 573 5,575 262,383 Amortization — — (102) (2,498) (2,600) Impairment (2) (49,058) — — (49,060) Net book value at December 31, 2020 33 207,142 471 3,077 210,723

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Summary of Non-Current Trade and Other Receivables	Non-Current trade and other receivables In thousands of dollars June 30, 2022 31 December, December 31, 2020 Loans receivable 17,801 21,613 2,259 Call deposit 4,457 4,584 1,984 Cash Guarantees and deposits 11,344 14,663 8,992 Other 45 56 — Total 33,647 40,916 13,235
Summary of payback estimates of RSP loans	Non-Current trade and other receivables (continued) Year of Projected Payback % Payback Estimate % Payback Estimate Loans Maturing 2030 2022 — — 2023 — — 2024 — — 2025 20% 10% 2026 20% 10% 2027 60% 20% 2028 — 20% 2029 — 20% 2030 — 20%
Summary of Current Trade and Other Receivables	Current trade and other receivables In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 R&D tax credits 22,892 14,847 26,135 VAT receivable 17,981 13,772 6,455 Other tax receivables 12,307 13,807 — Call deposit — — 524 Deferred charges 7,384 1,116 53 Loans receivable — 143 29,344 Impairment of other receivables (151) (42) (7) Other receivables 1,055 1,669 600 Total 61,468 45,312 63,104

INVENTORY (Tables)

INVENTORY (Tables)	6 Months Ended
	Jun. 30, 2022
Classes of current inventories [abstract]
Summary of Inventories	In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 Raw materials, consumables and others 44,671 24,642 14,504 Inventory write-downs (13,979) (1,665) — Inventory 30,692 22,977 14,504 Charges to the statement of profit or (loss) 13,979 1,665 — Inventory write-downs - closing balance 13,979 1,665 —

LOANS AND BORROWINGS (Tables)

LOANS AND BORROWINGS (Tables)	6 Months Ended
	Jun. 30, 2022
Disclosure of reconciliation of liabilities arising from financing activities [abstract]
Disclosure of information that enables users of financial statements to evaluate changes in liabilities arising from financing activities	In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 Non-current loans and borrowings Lease liability 181,804 173,904 107,870 Convertible notes 169,243 159,021 — Embedded derivatives 13,500 118,600 — Total non-current loans and borrowings 364,547 451,525 107,870 Current loans and borrowings Current portion of lease liabilities 16,281 13,076 5,221 Accrued interest on convertible notes 933 1,182 — Other 7 — — Total current loans and borrowings 17,221 14,258 5,221
Change of lease liability	The following table shows the change of the lease liability over the last six months ended June 30, 2022, and the additional lease liabilities that arose from new and modified leases during the period: In thousands of USD Currency Weighted average of incremental borrowing rate Carrying amount January 1, 2022 186,980 New leases Office in Georgia USD 9.80% 1,022 Warehouse/R&D facility in Georgia USD 9.40% 322 Battery Module facility in England GBP 5.40% 12,845 Office in China CNY 5.40% 96 Composite/logistic and Van assembly in the USA USD 5.50% 27,375 Modification of leases Office in RUS RUB 9.20% (99) Office, warehouse and factory in Lithuania EUR 6.20% 380 Office in Germany EUR 4.00% 613 Office in Israel ILS 6.20% (773) Repayments Multi-currency (10,521) Interest on leases 6,312 Cancellation of leases (10,734) Foreign exchange impact Multi-currency (15,733) June 30, 2022 198,085
Carrying amount of lease liabilities and the convertible notes	The following table shows the carrying amount of the lease liabilities and the convertible notes and their expected future cash outflows split based on their maturities. In thousands of USD Carrying amount Total Within one year Between 1 and 5 years More than 5 years June 30, 2022 Leases 198,085 268,582 25,499 93,736 149,347 Convertible notes 170,176 370,400 11,200 359,200 — December 31, 2021 Leases 186,980 259,883 24,074 89,284 146,525 Convertible notes 160,203 376,248 11,448 364,800 — December 31, 2020 Leases 113,091 166,389 12,137 52,649 101,603

WARRANTS (Tables)

WARRANTS (Tables)	6 Months Ended
	Jun. 30, 2022
Disclosure Of Warrants [Abstract]
Schedule of Movement in Warrants	The movement of the warrants during the period was as follows: In thousands of USD Number of Warrants Value (USD thousand) January 1, 2021 Warrants issued by Arrival 20,112,493 208,586 Change in fair value — (122,299) Warrants exercised (17,009,291) (82,669) Warrants redeemed (711,536) (7) December 31, 2021 2,391,666 3,611 Change in fair value — (3,277) June 30, 2022 2,391,666 334

FINANCIAL INSTRUMENTS - FAIR _2

FINANCIAL INSTRUMENTS - FAIR VALUES (Tables)	6 Months Ended
	Jun. 30, 2022
Disclosure Of Fair Value Measurement [Abstract]
Summary of Fair Values of Financial Assets and Financial Liabilities	The following table shows the carrying amounts, and if applicable, the fair values and measurement categories of the Group’s financial instruments within the scope of IFRS 7. The fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In thousands of USD Measurement category Carrying amount Fair value 1,2 Level in the fair value hierarchy June 30, 2022 Trade and other receivables 1 AC 77,314 — — Loans to employees AC 17,801 20,441 3 Cash and cash equivalents 1 AC 512,615 — 1 Total financial assets 607,730 Trade and other payables 1 AC 67,337 — — Lease liabilities 2 AC 198,085 — — Convertible notes AC 170,176 110,340 3 Embedded derivative FVTPL 13,500 13,500 3 Warrants FVTPL 334 334 3 Total financial liabilities 449,432 Aggregated according to measurement categories: Financial assets measured at amortized cost (AC) AC 607,730 — 1/3 Financial assets measured at fair value through profit or loss (FVTPL) FVTPL — — — Financial liabilities measured at amortized cost (AC) AC 435,597 — 3 Financial liabilities measured at fair value through profit or loss (FVTPL) FVTPL 13,835 13,835 3 In thousands of USD Measurement category Carrying amount Fair value1,2 Level in the fair value hierarchy December 31, 2021 Trade and other receivables1 AC 64,615 — - Employee loans AC 21,613 22,930 3 Cash and cash equivalents1 AC 900,606 — 1 Total financial assets 986,834 — Trade and other payables1 AC 66,970 — - Lease liabilities2 AC 186,980 — - Convertible notes AC 160,203 174,616 3 Embedded derivative FVTPL 118,600 118,601 3 Warrants FVTPL 3,611 3,611 3 Total financial liabilities 536,364 — Aggregated according to measurement categories: Financial assets measured at amortized cost (AC) AC 986,832 — 1/3 Financial assets measured at fair value through profit or loss (FVTPL) FVTPL — — — Financial liabilities measured at amortized cost (AC) AC 414,152 — 3 Financial liabilities measured at fair value through profit or loss (FVTPL) FVTPL 122,212 122,212 — In thousands of USD Measurement category Carrying amount Fair value1,2 Level in the fair value hierarchy December 31, 2020 Trade and other receivables1 AC 44,735 — - RSP loans AC 36,811 37,096 3 Cash and cash equivalents1 AC 82,314 — 1 Total financial assets 163,860 37,096 Trade and other payables1 AC 41,924 — - Lease liabilities2 AC 113,091 — - Total financial liabilities 155,015 — Aggregated according to categories in IFRS 9: Financial assets measured at amortized cost (AC) AC 163,860 37,096 1/3 Financial assets measured at fair value through profit or loss (FVTPL) FVTPL — — - Financial liabilities measured at amortized cost (AC) AC 155,015 — 3 Financial liabilities measured at fair value through profit or loss (FVTPL) FVTPL — — - 1 The simplification option under IFRS 7.29(a) was used for disclosures of certain fair values where the carrying amount is a reasonable approximation of the instruments fair value. 2 Measurements within the scope of IFRS 16 are exempted from the requirements of IFRS 13 (IFRS 13.6(b))

TRADE AND OTHER PAYABLES (Table

TRADE AND OTHER PAYABLES (Tables)	6 Months Ended
	Jun. 30, 2022
Trade and other payables [abstract]
Summary of Trade and Other Payables	In thousands of USD June 30, 2022 December 31, 2021 December 31, 2020 Current liabilities Trade payables 41,531 41,238 11,221 Wages, Salaries, Bonus & Payroll Charges 7,723 9,332 19,480 Accrued expenses 15,068 15,599 10,817 Other payables 3,015 801 407 67,337 66,970 41,925

LOSS PER SHARE (Tables)

LOSS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2022
Basic earnings per share [abstract]
Summary of Basic Earnings per Share	The calculation of basic loss per share has been based on the following losses attributable to ordinary shareholders and weighted number of shares outstanding: i. (Loss) attributable to ordinary shareholders from continuing operations: Six months ended June 30, In thousands of USD 2022 2021 (Loss) for the period, attributable to the owners of the Company (basic) (99,950) (1,207,256) Six months ended June 30, In thousands of shares 2022 2021 Ordinary shares as at January 1 633,289 466,762 Conversion of preferred A shares into ordinary shares — 41,944 Issue of shares to CIIG shareholders — 39,557 Issue of shares for exercise of warrants — 292 Exercise of options by SOP participants 2 — Shares repurchased from RSP participants (98) (4) Shares granted to RSU scheme’s participants 782 — Weighted-average number of Ordinary shares as at the end of the period 633,975 548,551
Summary of Diluted Earnings per Share	The calculation of basic loss per share has been based on the following losses attributable to ordinary shareholders and weighted number of shares outstanding: i. (Loss) attributable to ordinary shareholders from continuing operations: Six months ended June 30, In thousands of USD 2022 2021 (Loss) for the period, attributable to the owners of the Company (basic) (99,950) (1,207,256) Six months ended June 30, In thousands of shares 2022 2021 Ordinary shares as at January 1 633,289 466,762 Conversion of preferred A shares into ordinary shares — 41,944 Issue of shares to CIIG shareholders — 39,557 Issue of shares for exercise of warrants — 292 Exercise of options by SOP participants 2 — Shares repurchased from RSP participants (98) (4) Shares granted to RSU scheme’s participants 782 — Weighted-average number of Ordinary shares as at the end of the period 633,975 548,551

LISTING EXPENSE (Tables)

LISTING EXPENSE (Tables)	6 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Schedule of Listing Expenses	The table below sets out the listing expense incurred in the six months to June 30, 2021. Six months ended In thousands of USD June 30, 2021 Listing expenses Reverse merger impact in the consolidated statement of profit or (loss) due to IFRS 2 accounting treatment Fair value of shares issued 1,591,090 Fair Value of Warrants transferred 208,586 Total value of consideration 1,799,676 Less Fair Value of net asset received (631,161) Total reverse merger impact in the consolidated statement of profit or (loss) due to IFRS 2 accounting treatment 1,168,515 Other expenses directly linked to the listing expense** 19,820 Total listing expense 1,188,335

FINANCIAL INCOME_EXPENSE (Table

FINANCIAL INCOME/EXPENSE (Tables)	6 Months Ended
	Jun. 30, 2022
Financial Income Expense [Abstract]
FINANCIAL INCOME/EXPENSE	6 months ended In thousands of USD Note 30 June 2022 30 June 2021 Finance income Change in fair value of warrants 3,277 97,021 Change in fair value of embedded derivatives 104,931 — Interest receivable on RSP loans calculated using effective interest rate 1,526 7,252 Other interest 775 172 Reversal of difference between fair value and nominal value of loans repaid 295 1,742 Foreign exchange differences 26,491 — Other finance income 94 1 Total finance income 137,389 106,188 Finance cost Bank charges (212) (197) Interest on convertible notes (4,558) — Other interest payable (40) (181) Interest on leases (6,312) (4,390) Foreign exchange differences — (9,630) Loss on refinancing of RSP loans (2,460) — Impairment of financial assets (1,077) — Other — — Total finance cost (14,659) (14,398)

SHARE BASED PAYMENTS (Tables)

SHARE BASED PAYMENTS (Tables)	6 Months Ended
	Jun. 30, 2022
Share Based Payments [Abstract]
Summary of inclusions of Model Inputs For Options Granted	The following table sets out the model inputs used in the BSMOPM for determining the fair value of the options that were granted in 2022: Management Options Employee Options Topup Grant date May 20, 2022 May 16, 2022 May 22, 2022 The grant date is based on the volume-weighted average date on which each employee signed their option agreement. Share price at grant date $1.8280 $1.7315 $1.7335 This is based on the volume-weighted average opening share price on each date the employee signed their option agreement. Exercise price $1.90 $1.90 $1.90 The exercise price is the same for all three batches. Expected term 5.47 - 6.97 years 0.98 - 3.98 years 0.96 years The expected term is based on theoretical considerations and typical market practice taking into account the contractual exercise period and the expected exercise behavior of the recipients. Number of options 1,046,956 9,574,913 258,090 Reflects the total number of options that were granted to the participants. Risk-free rate 2.84% - 2.89% 2.05% - 2.76% 2.05% Based on the market yield on zero-coupon US treasury bonds with a maturity commensurate to the expected term. Dividend yield —% —% —% It is expected that no dividends are paid out during the expected terms to exercise. Volatility 98.90% 85.40% - 111.60% 85.40% Estimate based on the historical volatility of Arrival and a range of comparators over a period commensurate to the expected term.
Stock Option Sensitivity	The following table displays the sensitivity of the stock options fair value to a change in the expected term: Sensitivity of total fair value to expected term In thousands USD Expected term Management Options Employee Options Topup Options Base case -0.5 years 1,485 11,284 235 Base case -0.25 years 1,505 11,495 248 Base case 1,524 11,967 253 Base case +0.25 years 1,541 12,069 258 Base case +0.5 years 1,558 12,264 262 The following table displays the sensitivity of the stock options to a change in the expected share price volatility: Sensitivity of total fair value to expected volatility In thousands USD Expected volatility Management Options Employee Options Topup Options Base case -20% 2 10,307 209 Base case -10% 1,435 11,179 231 Base case 1,524 11,967 253 Base case +10% 1,600 12,671 273 Base case +20% 1,665 13,293 292

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Jun. 30, 2022
Disclosure of transactions between related parties [abstract]
Summary of Transactions between Related Parties	The following transactions were carried out with related parties: In thousands USD Transactions for the period Balance as at Six months ended June 30, June 30, 2022 December 31, 2021 December 31, 2020 Related party 2022 2021 Hyundai Kia — — — 283 — Hyundai Mobis 1,125 254 (351) — — Hyundai Motor Company — (534) — — —

INCORPORATION AND PRINCIPAL A_2

INCORPORATION AND PRINCIPAL ACTIVITIES (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)	Mar. 24, 2021
Disclosure of geographical areas [line items]
Reverse merger exchange ratio		1
Russia
Disclosure of geographical areas [line items]
Expense of restructuring activities	$ 5,505,697
Russia | Provision for write down of assets
Disclosure of geographical areas [line items]
Expense of restructuring activities	$ 4,563,420

BASIS OF PREPARATION (Details)

BASIS OF PREPARATION (Details)	6 Months Ended		12 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Jun. 02, 2022
Disclosure of Exchange Rates [Line Items]
Cash and cash equivalents	$ 512,614,742	$ 528,892,000	$ 900,606,000	$ 82,314,000
EUR to USD
Disclosure of Exchange Rates [Line Items]
Closing rates	1.047414	1.092998	1.131610	1.227100	1.0692
Average rate	1.092998	1.202483	1.183269	1.147000

USE OF JUDGEMENTS AND ESTIMAT_2

USE OF JUDGEMENTS AND ESTIMATES - Additional Information (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of assumptions would need to change individually for the estimated recoverable amount [Line Items]
Market capitalization	$ 1,008,415,884	$ 1,008,415,884
Accumulated amortization and impairment
Disclosure of assumptions would need to change individually for the estimated recoverable amount [Line Items]
Impairment loss recognised in profit or loss, intangible assets and goodwill		67,222,000	$ 65,975,000	$ 49,060,000
Accumulated amortization and impairment | Assets under construction
Disclosure of assumptions would need to change individually for the estimated recoverable amount [Line Items]
Impairment loss recognised in profit or loss, intangible assets and goodwill	$ 8,938,226	$ 66,936,000	$ 65,648,000	$ 49,058,000

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Schedule of Property, Plant and Equipment (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	$ 271,607,000	$ 138,317,000
Impairment	(13,035,632)
Ending balance	312,856,000	271,607,000	$ 138,317,000
Land and Buildings
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	181,822,000	107,087,000
Ending balance	181,963,000	181,822,000	107,087,000
Plant and Equipment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	29,361,000	19,183,000
Ending balance	36,092,000	29,361,000	19,183,000
Furniture and fittings
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	5,205,000	5,271,000
Ending balance	4,515,000	5,205,000	5,271,000
Motor Vehicles
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	332,000	466,000
Ending balance	287,000	332,000	466,000
Assets under Construction
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	54,887,000	6,310,000
Ending balance	89,999,000	54,887,000	6,310,000
Cost
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	325,072,000	160,879,000
Ending balance	391,868,000	325,072,000	160,879,000
Cost | Land and Buildings
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	207,378,000	114,999,000
Ending balance	225,252,000	207,378,000	114,999,000
Cost | Plant and Equipment
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	52,822,000	31,848,000
Ending balance	66,630,000	52,822,000	31,848,000
Cost | Furniture and fittings
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	8,598,000	6,984,000
Ending balance	8,170,000	8,598,000	6,984,000
Cost | Motor Vehicles
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	1,146,000	738,000
Ending balance	1,108,000	1,146,000	738,000
Cost | Assets under Construction
Reconciliation of changes in property, plant and equipment [abstract]
Beginning balance	55,128,000	6,310,000
Ending balance	90,708,000	55,128,000	6,310,000
Depreciation
Reconciliation of changes in property, plant and equipment [abstract]
Depreciation	(56,672,000)	(46,519,000)	(22,533,000)
Depreciation | Land and Buildings
Reconciliation of changes in property, plant and equipment [abstract]
Depreciation	(27,446,000)	(22,013,000)	(7,912,000)
Depreciation | Plant and Equipment
Reconciliation of changes in property, plant and equipment [abstract]
Depreciation	(25,001,000)	(20,728,000)	(12,636,000)
Depreciation | Furniture and fittings
Reconciliation of changes in property, plant and equipment [abstract]
Depreciation	(3,566,000)	(3,183,000)	(1,713,000)
Depreciation | Motor Vehicles
Reconciliation of changes in property, plant and equipment [abstract]
Depreciation	(659,000)	(595,000)	(272,000)
Depreciation | Assets under Construction
Reconciliation of changes in property, plant and equipment [abstract]
Depreciation	0	0	0
Impairment
Reconciliation of changes in property, plant and equipment [abstract]
Impairment	(22,340,000)	(6,946,000)	(29,000)
Impairment | Land and Buildings
Reconciliation of changes in property, plant and equipment [abstract]
Impairment	(15,843,000)	(3,543,000)	0
Impairment | Plant and Equipment
Reconciliation of changes in property, plant and equipment [abstract]
Impairment	(5,537,000)	(2,733,000)	(29,000)
Impairment | Furniture and fittings
Reconciliation of changes in property, plant and equipment [abstract]
Impairment	(89,000)	(210,000)	0
Impairment | Motor Vehicles
Reconciliation of changes in property, plant and equipment [abstract]
Impairment	(162,000)	(219,000)	0
Impairment | Assets under Construction
Reconciliation of changes in property, plant and equipment [abstract]
Impairment	$ (709,000)	$ (241,000)	$ 0

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)
Disclosure of detailed information about property, plant and equipment [line items]
Impairment	$ 13,035,632
Reversal of impairment loss recognised in profit or loss, property, plant and equipment	1,093,152
Additions to right-of-use assets	41,659,841
Decrease through net exchange differences, right of use assets	15,321,963
Right-of-use assets cancelled	13,996,489
Plant and Equipment
Disclosure of detailed information about property, plant and equipment [line items]
Additions other than through business combinations, property, plant and equipment	12,910,000
Decrease through net exchange differences, property, plant and equipment	3,309,561
Plant and Equipment | Reclassification one
Disclosure of detailed information about property, plant and equipment [line items]
Increase (decrease) through transfers from construction in progress, property, plant and equipment	3,680,752
Plant and Equipment | Reclassification two
Disclosure of detailed information about property, plant and equipment [line items]
Increase (decrease) through transfers from construction in progress, property, plant and equipment	3,149,189
Assets under Construction
Disclosure of detailed information about property, plant and equipment [line items]
Additions other than through business combinations, property, plant and equipment	47,350,742
Decrease through net exchange differences, property, plant and equipment	4,888,441
Capitalised borrowing costs	3,680,752
Plant, machinery and tooling
Disclosure of detailed information about property, plant and equipment [line items]
Additions other than through business combinations, property, plant and equipment	28,268,000
Leasehold improvements
Disclosure of detailed information about property, plant and equipment [line items]
Additions other than through business combinations, property, plant and equipment	14,402,000
Land and Buildings
Disclosure of detailed information about property, plant and equipment [line items]
Increase (decrease) through transfers from construction in progress, property, plant and equipment	3,615,467
Russia
Disclosure of detailed information about property, plant and equipment [line items]
Impairment	$ 2,862,462

INTANGILE ASSETS AND GOODWILL -

INTANGILE ASSETS AND GOODWILL - Summary of Movement (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		$ 414,674,000	$ 210,723,000
Ending balance	$ 473,957,000	473,957,000	414,674,000	$ 210,723,000
Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		485,282,000	262,383,000
Ending balance	547,941,000	547,941,000	485,282,000	262,383,000
Accumulated amortization and impairment
Reconciliation of changes in intangible assets other than goodwill [abstract]
Amortization		(6,762,000)	(4,633,000)	(2,600,000)
Impairment		(67,222,000)	(65,975,000)	(49,060,000)
Goodwill
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		30,000	33,000
Ending balance	30,000	30,000	30,000	33,000
Goodwill | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		32,000	35,000
Ending balance	30,000	30,000	32,000	35,000
Goodwill | Accumulated amortization and impairment
Reconciliation of changes in intangible assets other than goodwill [abstract]
Amortization		0	0	0
Impairment		0	(2,000)	(2,000)
Assets under construction
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		408,193,000	207,142,000
Ending balance	455,865,000	455,865,000	408,193,000	207,142,000
Assets under construction | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		473,841,000	256,200,000
Ending balance	522,801,000	522,801,000	473,841,000	256,200,000
Assets under construction | Accumulated amortization and impairment
Reconciliation of changes in intangible assets other than goodwill [abstract]
Amortization		0	0	0
Impairment	(8,938,226)	(66,936,000)	(65,648,000)	(49,058,000)
Patent, trademarks and other rights
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		74,000	471,000
Ending balance	62,000	62,000	74,000	471,000
Patent, trademarks and other rights | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		568,000	573,000
Ending balance	510,000	510,000	568,000	573,000
Patent, trademarks and other rights | Accumulated amortization and impairment
Reconciliation of changes in intangible assets other than goodwill [abstract]
Amortization		(162,000)	(169,000)	(102,000)
Impairment		(286,000)	(325,000)	0
Software
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		6,377,000	3,077,000
Ending balance	18,000,000	18,000,000	6,377,000	3,077,000
Software | Cost
Reconciliation of changes in intangible assets other than goodwill [abstract]
Beginning balance		10,841,000	5,575,000
Ending balance	$ 24,600,000	24,600,000	10,841,000	5,575,000
Software | Accumulated amortization and impairment
Reconciliation of changes in intangible assets other than goodwill [abstract]
Amortization		(6,600,000)	(4,464,000)	(2,498,000)
Impairment		$ 0	$ 0	$ 0

INTANGILE ASSETS AND GOODWILL_2

INTANGILE ASSETS AND GOODWILL - Additional Information (Details) - USD ($)		6 Months Ended	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Assets under construction
Disclosure of detailed information about intangible assets [line items]
Capitalised borrowing costs		$ 7,583,368
Cost | Assets under construction
Disclosure of detailed information about intangible assets [line items]
Grants and research and development tax incentives and grants		88,338,757	$ 151,764,964
Research and development tax incentives		8,301,721	16,602,818
Accumulated amortization and impairment
Disclosure of detailed information about intangible assets [line items]
Impairment loss recognised in profit or loss, intangible assets and goodwill		67,222,000	65,975,000	$ 49,060,000
Accumulated amortization and impairment | Assets under construction
Disclosure of detailed information about intangible assets [line items]
Impairment loss recognised in profit or loss, intangible assets and goodwill	$ 8,938,226	66,936,000	$ 65,648,000	$ 49,058,000
Increase (decrease) due to impairment loss recognised in profit or loss, intangible assets and goodwill		9,086,718
Increase (decrease) through net exchange differences, intangible assets and goodwill		$ 7,799,066

TRADE AND OTHER RECEIVABLES - S

TRADE AND OTHER RECEIVABLES - Summary of Non-Current Trade and Other Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Subclassifications of assets, liabilities and equities [abstract]
Loans receivable	$ 17,801	$ 21,613	$ 2,259
Call deposit	4,457	4,584	1,984
Cash Guarantees and deposits	11,344	14,663	8,992
Other	45	56	0
Total	$ 33,647	$ 40,916	$ 13,235

TRADE AND OTHER RECEIVABLES - N

TRADE AND OTHER RECEIVABLES - Narrative (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about borrowings [line items]
Financial assets, at fair value			$ 37,096,000
Decrease through write-off, financial assets	$ 1,076,896
Gains (losses) on loans and receivables	$ (2,459,862)
Bottom of range
Disclosure of detailed information about borrowings [line items]
Lease term , leases with cash guarantees and deposits	2 years
Top of range
Disclosure of detailed information about borrowings [line items]
Lease term , leases with cash guarantees and deposits	15 years
Employee loans maturing 2027
Disclosure of detailed information about borrowings [line items]
Financial assets, at fair value	$ 20,582,787
Decrease through write-off, financial assets		$ 13,117,000
Employee loans maturing 2027 | 2024
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2027 | 2025
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2027 | 2026
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2027 | 2027
Disclosure of detailed information about borrowings [line items]
% payback estimate	60%
Employee loans maturing 2030
Disclosure of detailed information about borrowings [line items]
Financial assets, at fair value	$ 2,347,153
Employee loans maturing 2030 | 2024
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2030 | 2025
Disclosure of detailed information about borrowings [line items]
% payback estimate	10%
Employee loans maturing 2030 | 2026
Disclosure of detailed information about borrowings [line items]
% payback estimate	10%
Employee loans maturing 2030 | 2027
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
RSP Loans | 2024
Disclosure of detailed information about borrowings [line items]
% payback estimate		20%
RSP Loans | 2025
Disclosure of detailed information about borrowings [line items]
% payback estimate		20%
RSP Loans | 2026
Disclosure of detailed information about borrowings [line items]
% payback estimate		30%
RSP Loans | 2027
Disclosure of detailed information about borrowings [line items]
% payback estimate		30%

TRADE AND OTHER RECEIVABLES - P

TRADE AND OTHER RECEIVABLES - Payback estimates (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Employee loans maturing 2027 | 2022
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2027 | 2023
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2027 | 2024
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2027 | 2025
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2027 | 2026
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2027 | 2027
Disclosure of detailed information about borrowings [line items]
% payback estimate	60%
Employee loans maturing 2027 | 2028
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2027 | 2029
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2027 | 2030
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2030 | 2022
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2030 | 2023
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2030 | 2024
Disclosure of detailed information about borrowings [line items]
% payback estimate	0%
Employee loans maturing 2030 | 2025
Disclosure of detailed information about borrowings [line items]
% payback estimate	10%
Employee loans maturing 2030 | 2026
Disclosure of detailed information about borrowings [line items]
% payback estimate	10%
Employee loans maturing 2030 | 2027
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2030 | 2028
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2030 | 2029
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
Employee loans maturing 2030 | 2030
Disclosure of detailed information about borrowings [line items]
% payback estimate	20%
RSP Loans | 2024
Disclosure of detailed information about borrowings [line items]
% payback estimate		20%
RSP Loans | 2025
Disclosure of detailed information about borrowings [line items]
% payback estimate		20%
RSP Loans | 2026
Disclosure of detailed information about borrowings [line items]
% payback estimate		30%
RSP Loans | 2027
Disclosure of detailed information about borrowings [line items]
% payback estimate		30%

TRADE AND OTHER RECEIVABLES -_2

TRADE AND OTHER RECEIVABLES - Summary of Current & Trade and Other Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Subclassifications of assets, liabilities and equities [abstract]
R&D tax credits	$ 22,892	$ 14,847	$ 26,135
VAT receivable	17,981	13,772	6,455
Other tax receivables	12,307	13,807	0
Call deposit	0	0	524
Deferred charges	7,384	1,116	53
Loans receivable	0	143	29,344
Impairment of other receivables	(151)	(42)	(7)
Other receivables	1,055	1,669	600
Trade and other receivables	$ 61,468	$ 45,312	$ 63,104

INVENTORY - Summary of Inventor

INVENTORY - Summary of Inventories (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary Of Inventory [Line Items]
Inventory	$ 30,692	$ 22,977	$ 14,504
Cost
Summary Of Inventory [Line Items]
Inventory	44,671	24,642	14,504
Accumulated amortization and impairment
Summary Of Inventory [Line Items]
Inventory	$ (13,979)	$ (1,665)	$ 0

INVENTORY - Movement in the Inv

INVENTORY - Movement in the Inventory Write-downs (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary Of Inventory [Line Items]
Inventory write-downs - closing balance	$ (30,692)	$ (22,977)	$ (14,504)
Accumulated amortization and impairment
Summary Of Inventory [Line Items]
Charges to the statement of profit or (loss)	13,979	1,665	0
Inventory write-downs - closing balance	$ 13,979	$ 1,665	$ 0

CAPITAL AND RESERVES (Detail)

CAPITAL AND RESERVES (Detail)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 EUR (€)	Jun. 02, 2022	Dec. 31, 2021 USD ($)	Jun. 30, 2021	Dec. 31, 2020 USD ($)
Disclosure of classes of share capital [line items]
Issued capital	$ 70,317,122	€ 65,766,108		$ 74,046,000		$ 274,126,000
EUR to USD
Disclosure of classes of share capital [line items]
Closing rates	1.047414	1.047414	1.0692	1.131610	1.092998	1.227100

LOANS AND BORROWINGS- Disclosur

LOANS AND BORROWINGS- Disclosure of information that enables users of financial statements to evaluate changes in liabilities arising from financing activities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Lease liability	$ 181,804	$ 173,904	$ 107,870
Loans and borrowings	364,547	451,525	107,870
Current portion of lease liabilities	16,281	13,076	5,221
Other	7		0
Total current loans and borrowings	17,221	14,258	5,221
Convertible notes
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Convertible notes	169,243	159,021	0
Accrued interest on convertible notes	933	1,182	0
Other		0
Embedded derivatives
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Embedded derivatives	$ 13,500	$ 118,600	$ 0

LOANS AND BORROWINGS - Changes

LOANS AND BORROWINGS - Changes of lease liability (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Disclosure of reconciliation of liabilities arising from financing activities [line items]
January 1, 2022	$ 186,980
June 30, 2022	198,085
Lease liability
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Repayments	(10,521)
Interest on leases	6,312
Cancellation of leases	(10,734)
Foreign exchange impact	$ (15,733)
Office in Georgia | Lease liability | USD
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	9.80%
New leases	$ 1,022
Warehouse/R&D facility in Georgia | Lease liability | USD
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	9.40%
New leases	$ 322
Battery Module facility in England | Lease liability | GBP
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	5.40%
New leases	$ 12,845
Office in China | Lease liability | CNY
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	5.40%
New leases	$ 96
Composite/logistic and Van assembly in the USA | Lease liability | USD
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	5.50%
New leases	$ 27,375
Office in RUS | Lease liability | RUB
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	9.20%
Modification of leases	$ (99)
Office, warehouse and factory in Lithuania | Lease liability | EUR
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	6.20%
Modification of leases	$ 380
Office in Germany | Lease liability | EUR
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	4%
Modification of leases	$ 613
Office in Israel | Lease liability | ILS
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Weighted average of incremental borrowing rate	6.20%
Modification of leases	$ (773)

LOANS AND BORROWINGS - Summary

LOANS AND BORROWINGS - Summary of Maturity Analysis of Operating Lease Payments (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of maturity analysis of operating lease payments [line items]
Leases	$ 268,582	$ 259,883	$ 166,389
Convertible notes	370,400	376,248
2023
Disclosure of maturity analysis of operating lease payments [line items]
Leases	25,499	24,074	12,137
Convertible notes	11,200	11,448
Between 1 and 5 years
Disclosure of maturity analysis of operating lease payments [line items]
Leases	93,736	89,284	52,649
Convertible notes	359,200	364,800
More than 5 years
Disclosure of maturity analysis of operating lease payments [line items]
Leases	149,347	146,525	101,603
Convertible notes	0	0
Cost
Disclosure of maturity analysis of operating lease payments [line items]
Leases	198,085	186,980	$ 113,091
Convertible notes	$ 170,176	$ 160,203

LOANS AND BORROWINGS - Narrativ

LOANS AND BORROWINGS - Narrative (Detail)	6 Months Ended
	Jun. 30, 2022
Bottom of range
Loans And Borrowings [Line Items]
Lease term of contract	1 year
Top of range
Loans And Borrowings [Line Items]
Lease term of contract	15 years

WARRANTS - Movements in Warrant

WARRANTS - Movements in Warrants (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Disclosure of fair value measurement of liabilities [line items]
Warrants issued by arrival		20,112,493
Warrants exercised (in shares)		(17,009,291)
Warrants redeemed (in shares)		(711,536)
Beginning balance	2,391,666
Ending balance	2,391,666	2,391,666
At fair value | Level 3 | Warrants
Disclosure of fair value measurement of liabilities [line items]
Issues, fair value measurement, liabilities		$ 208,586,000
Change in fair value	$ (3,277,000)	(122,299,000)
Warrants exercised		(82,669,000)
Warrants redeemed		(7,000)
Financial liabilities, at fair value at beginning of period	3,611,417
Financial liabilities, at fair value at end of period	$ 334,000	$ 3,611,417

WARRANTS- Narrative (Details)

WARRANTS- Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Disclosure of fair value measurement of liabilities [line items]
Change in fair value of warrants	$ 3,277,000	$ 97,021,000
Warrants | Level 3 | At fair value
Disclosure of fair value measurement of liabilities [line items]
Financial liabilities, at fair value	334,000		$ 3,611,417
Change in fair value of warrants	$ 3,276,584

FINANCIAL INSTRUMENTS - FAIR _3

FINANCIAL INSTRUMENTS - FAIR VALUES - Summary of Fair Values of Financial Assets And Financial Liabilities As Follows (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial assets	$ 607,730	$ 986,834	$ 163,860
Financial assets, at fair value			37,096
Financial liabilities	449,432	536,364	155,015
Financial assets measured at fair value through profit or loss (FVTPL)	0	0	0
Level 3
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities measured at amortized cost (AC)	435,597	414,152	155,015
Financial liabilities measured at fair value through profit or loss (FVTPL)	13,835	122,212	0
Level 3 | At fair value
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities measured at fair value through profit or loss (FVTPL)	13,835	122,212
Level 1 and 3
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities, at fair value			37,096
Financial assets measured at amortized cost (AC)	607,730	986,832	163,860
Trade and other payables
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities	67,337	66,970	41,924
Lease liability
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities	198,085	186,980	113,091
Convertible notes | Level 3
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities	170,176	160,203
Convertible notes | Level 3 | At fair value
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities, at fair value	110,340	174,616
Embedded derivative | Level 3
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities	13,500	118,600
Embedded derivative | Level 3 | At fair value
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities, at fair value	13,500	118,601
Warrants | Level 3
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities	334	3,611
Warrants | Level 3 | At fair value
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial liabilities, at fair value	334	3,611
Trade and other receivables
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial assets	77,314	64,615	44,735
Loans to employees | Level 3
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial assets	17,801	21,613	36,811
Financial assets, at fair value			37,096
Loans to employees | Level 3 | At fair value
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial assets, at fair value	20,441	22,930
Cash and cash equivalents | Level 1
Disclosure Of Financial Assets And Financial Liabilities [Line Items]
Financial assets	$ 512,615	$ 900,606	$ 82,314

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Detail)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure Of Components Of Income Tax Expense Benefit [Abstract]
Effective tax rate	(4.33%)	(0.62%)

TRADE AND OTHER PAYABLES - Summ

TRADE AND OTHER PAYABLES - Summary of Trade And Other Payables (Detail) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Trade and other payables [abstract]
Trade payables	$ 41,531	$ 41,238	$ 11,221
Wages, Salaries, Bonus & Payroll Charges	7,723	9,332	19,480
Accrued expenses	15,068	15,599	10,817
Other payables	3,015	801	407
Total	$ 67,337	$ 66,970	$ 41,925

LOSS PER SHARE - Summary of Bas

LOSS PER SHARE - Summary of Basic Earnings Per Share (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Earnings per share [line items]
(Loss) for the period, attributable to the owners of the Company (basic)	$ (99,950)	$ (1,207,256)
Earnings per Share Basic
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Ordinary shares, beginning balance (in shares)	633,289	466,762
Ordinary shares, closing balance (in shares)	633,975	548,551
Earnings per Share Basic | Conversion of preferred A shares into ordinary shares
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Increase (decrease) in number of ordinary shares issued (in shares)	0	41,944
Earnings per Share Basic | Issue of shares to CIIG shareholders
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Increase (decrease) in number of ordinary shares issued (in shares)	0	39,557
Earnings per Share Basic | Issue of shares for exercise of warrants
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Increase (decrease) in number of ordinary shares issued (in shares)	0	292
Earnings per Share Basic | Exercise of options by SOP participants
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Increase (decrease) in number of ordinary shares issued (in shares)	2	0
Earnings per Share Basic | Shares repurchased from RSP participants
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Increase (decrease) in number of ordinary shares issued (in shares)	(98)	(4)
Earnings per Share Basic | Shares granted to RSU scheme’s participants
Weighted average ordinary shares and adjusted weighted average ordinary shares [abstract]
Increase (decrease) in number of ordinary shares issued (in shares)	782	0

LISTING EXPENSE (Details)

LISTING EXPENSE (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Analysis of income and expense [abstract]
Fair value of shares issued		$ 1,591,090,000
Fair Value of Warrants transferred		208,586,000
Total value of consideration		1,799,676,000
Fair Value of net asset received		(631,161,000)
Total reverse merger impact in the consolidated statement of profit or (loss) due to IFRS 2 accounting treatment		1,168,515,000
Other expenses directly linked to the listing expense		19,820,009
Total listing expense	$ 0	$ 1,188,335,000

FINANCIAL INCOME_EXPENSE - Summ

FINANCIAL INCOME/EXPENSE - Summary of Finance Income Expense Transaction (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Finance income
Change in fair value of warrants	$ 3,277	$ 97,021
Change in fair value of embedded derivatives	104,931	0
Interest receivable on RSP loans calculated using effective interest rate	1,526	7,252
Other interest	775	172
Reversal of difference between fair value and nominal value of loans repaid	295	1,742
Foreign exchange differences	26,491	0
Other finance income	94	1
Finance income	137,389	106,188
Finance cost
Bank charges	(212)	(197)
Interest on convertible notes	(4,558)	0
Other interest payable	(40)	(181)
Interest on leases	(6,312)	(4,390)
Foreign exchange differences	0	(9,630)
Loss on refinancing of RSP loans	(2,460)	0
Impairment of financial assets	(1,077)	0
Other	0	0
Total finance cost	$ (14,659)	$ (14,398)

SHARE BASED PAYMENTS - Addition

SHARE BASED PAYMENTS - Additional Information (Detail)			6 Months Ended
	May 09, 2022	Jan. 24, 2022 $ / shares	Jun. 30, 2022 USD ($) shares vehicles plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
New plans introduced | plan			2
Restricted Share Units (RSU)
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares			1,730,013
Assessed fair value at the grant date of awards			$ 13,912,906
Weighted average exercise price of other equity instruments granted in share-based payment arrangement (in dollars per share) | $ / shares		$ 4.02
Annual employee turnover rate			0.17
Restricted Share Units (RSU) | Specific point in time
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			50%
Restricted Share Units (RSU) | Production rate milestone
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			25%
Restricted Share Units (RSU) | Contribution milestone
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			25%
Restricted Share Units (RSU) | Contribution milestone, gross margin threshold 1
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			50%
Vesting condition, gross margin			$ 80,000,000
Restricted Share Units (RSU) | Contribution milestone, gross margin threshold 2
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			100%
Vesting condition, gross margin			$ 100,000,000
Restricted Share Units (RSU) | Contribution milestone, gross margin threshold 3
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			125%
Vesting condition, gross margin			$ 120,000,000
Performance Stock Units
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares			1,730,909
Stock Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period	4 years
Stock Options | First anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	25%
Stock Options | Second anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	25%
Stock Options | Third anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	25%
Stock Options | Fourth anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage	25%
LTIP RSU
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares			13,347,757
Assessed fair value at the grant date of awards			$ 22,936,786
Vesting period			3 years
LTIP RSU | First vesting
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period	1 year
LTIP RSU | First anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			33.33%
LTIP RSU | Second anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			33.33%
LTIP RSU | Third anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			33.33%
LTIP PSU
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares			37,365,637
Assessed fair value at the grant date of awards			$ 64,209,111
LTIP PSU | Production rate milestone
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			50%
LTIP PSU | Contribution milestone, gross margin threshold 1
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			50%
Vesting condition, gross margin			$ 80,000,000
LTIP PSU | Contribution milestone, gross margin threshold 2
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			100%
Vesting condition, gross margin			$ 100,000,000
LTIP PSU | Contribution milestone, gross margin threshold 3
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			125%
Vesting condition, gross margin			$ 120,000,000
LTIP PSU | Production rate milestone threshold 1
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			50%
Vesting criteria, yearly can output | vehicles			8,000
Vesting percentage of milestone as a percentage of all awards			0.25
LTIP PSU | Production rate milestone threshold 2
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			100%
Vesting criteria, yearly can output | vehicles			10,000
Vesting percentage of milestone as a percentage of all awards			0.50
LTIP PSU | Production rate milestone threshold 3
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			125%
Vesting criteria, yearly can output | vehicles			12,000
Vesting percentage of milestone as a percentage of all awards			0.625
LTIP SOP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares			10,879,959
Assessed fair value at the grant date of awards			$ 10,162,424
Annual employee turnover rate			0.17
Expensed and capitalized amount			$ 12,121,929
Amount charged			9,136,291
Amount capitalized			$ 2,985,638
SOPs outstanding | shares			60,791,472
LTIP SOP | First anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			25%
LTIP SOP | Second anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			25%
LTIP SOP | Third anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			25%
LTIP SOP | Fourth anniversary of the grant date
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage			25%
SOP Scheme
Disclosure of terms and conditions of share-based payment arrangement [line items]
Annual employee turnover rate			0.17
Amount charged			$ 1,469,467
Decrease in expense			$ 1,246,249
Share options outstanding (in shares) | shares			13,128,512

SHARE BASED PAYMENTS - Summary

SHARE BASED PAYMENTS - Summary of Inclusions of Model Inputs For Options Granted (Detail)	6 Months Ended
	Jun. 30, 2022 shares $ / shares
Management Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price at grant date (in USD per share)	$ 1.8280
Exercise price (in USD per share)	$ 1.90
Number of options (in shares) | shares	1,046,956
Dividend yield	0%
Volatility	98.90%
Management Options | Minimum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected term	5 years 5 months 19 days
Risk-free rate	2.84%
Management Options | Maximum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected term	6 years 11 months 19 days
Risk-free rate	2.89%
Employee Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price at grant date (in USD per share)	$ 1.7315
Exercise price (in USD per share)	$ 1.90
Number of options (in shares) | shares	9,574,913
Dividend yield	0%
Employee Options | Minimum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected term	11 months 23 days
Risk-free rate	2.05%
Volatility	85.40%
Employee Options | Maximum
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected term	3 years 11 months 23 days
Risk-free rate	2.76%
Volatility	111.60%
Topup Options
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share price at grant date (in USD per share)	$ 1.7335
Exercise price (in USD per share)	$ 1.90
Expected term	11 months 15 days
Number of options (in shares) | shares	258,090
Risk-free rate	2.05%
Dividend yield	0%
Volatility	85.40%

SHARE BASED PAYMENTS - Stock Op

SHARE BASED PAYMENTS - Stock Option Term Sensitivity (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)
Management Options | Base case -0.5 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	$ 1,485,000
Management Options | Base case -0.25 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,505,000
Management Options | Base case
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,524,000
Management Options | Base case +0.25 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,541,000
Management Options | Base case +0.5 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,558,000
Employee Options | Base case -0.5 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	11,284,000
Employee Options | Base case -0.25 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	11,495,000
Employee Options | Base case
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	11,967,000
Employee Options | Base case +0.25 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	12,069,000
Employee Options | Base case +0.5 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	12,264,000
Topup Options | Base case -0.5 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	235,000
Topup Options | Base case -0.25 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	248,000
Topup Options | Base case
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	253,000
Topup Options | Base case +0.25 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	258,000
Topup Options | Base case +0.5 years
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	$ 262,000

SHARE BASED PAYMENTS - Stock _2

SHARE BASED PAYMENTS - Stock Option Volatility Sensitivity (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)
Management Options | Base case -20%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	$ 2,000
Management Options | Base case -10%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,435,000
Management Options | Base case
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,524,000
Management Options | Base case +10%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,600,000
Management Options | Base case +20%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	1,665,000
Employee Options | Base case -20%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	10,307,000
Employee Options | Base case -10%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	11,179,000
Employee Options | Base case
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	11,967,000
Employee Options | Base case +10%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	12,671,000
Employee Options | Base case +20%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	13,293,000
Topup Options | Base case -20%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	209,000
Topup Options | Base case -10%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	231,000
Topup Options | Base case
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	253,000
Topup Options | Base case +10%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	273,000
Topup Options | Base case +20%
Disclosure of terms and conditions of share-based payment arrangement [line items]
Sensitivity of total fair value to expected term	$ 292,000

RELATED PARTY TRANSACTIONS - Su

RELATED PARTY TRANSACTIONS - Summary of Transactions Between Related Parties (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Hyundai Kia
Disclosure of transactions between related parties [line items]
Related party transactions for the year	$ 0	$ 0
Related party amount outstanding	0		$ 283	$ 0
Hyundai Mobis
Disclosure of transactions between related parties [line items]
Related party transactions for the year	1,125	254
Related party amount outstanding	(351)		0	0
Hyundai Motor Company
Disclosure of transactions between related parties [line items]
Related party transactions for the year	0	$ (534)
Related party amount outstanding	$ 0		$ 0	$ 0

RELATED PARTY TRANSACTIONS - Ad

RELATED PARTY TRANSACTIONS - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 USD ($) shares eMPLOYEES	Dec. 31, 2022 USD ($)
LTIP RSU
Disclosure of transactions between related parties [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares	13,347,757
SOP Scheme
Disclosure of transactions between related parties [line items]
Amount charged	$ 1,469,467
Restricted Share Units (RSU)
Disclosure of transactions between related parties [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares	1,730,013
Key management personnel
Disclosure of transactions between related parties [line items]
Key management personnel compensation	$ 1,694,915
Number of employees | eMPLOYEES	5
Key management personnel | LTIP RSU
Disclosure of transactions between related parties [line items]
Number of other equity instruments granted in share-based payment arrangement (shares) | shares	3,165,049
Weighted average fair value at measurement date, other equity instruments granted		$ 5,529,178
Amount charged	$ 845,518
Key management personnel | SOP Scheme
Disclosure of transactions between related parties [line items]
Amount charged	$ 332,294
Non-executive directors
Disclosure of transactions between related parties [line items]
Number of employees | eMPLOYEES	5
Directors' remuneration expense	$ 656,447
Non-executive directors | Restricted Share Units (RSU)
Disclosure of transactions between related parties [line items]
Amount charged	$ 144,896

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details)	Jul. 12, 2022	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Disclosure of non-adjusting events after reporting period [line items]
Cash and cash equivalents		$ 512,614,742	$ 900,606,000	$ 528,892,000	$ 82,314,000
Target decrease in spending
Disclosure of non-adjusting events after reporting period [line items]
Targeted decrease in organizational spending	0.30
Employees impacted by spending reduction	30%