Arctozolt Evolution, Location, Stats: Pokémon Sword & Shield

Arctozolt's evolution and location data are scarce as of yet. The Electric and Ice-Type Pokémon is new in Generation 8 and remains mostly mysterious. Here's what we know so far.
Yeah okay Arctozolt is in my top 5 now....
— dirk (@trashHyena) November 17, 2019
Noivern Gligar Snorunt Phantump and Arctozolt......
Arctozolt Evolution: Pokémon Sword & Shield
According to the Pokédex entry in Pokémon Sword, the Arctozolt has trouble walking around because its frozen upper half is constantly shaking. That shaking also generates electricity.
The entry in Pokémon Shield states Artcozolt lived on prehistoric seashores and used its frozen body to preserve food. It also claims the Pokémon is extinct.
Unfortunately, neither game has revealed evolution data for this Pokémon as of yet.
Arctozolt Location: Pokémon Sword & Shield
Where to find Arctozolt also remains a mystery.
Arctozolt Stats: Pokémon Sword & Shield
Arctozolt's base stats are solid, but the Pokémon really stumbles in the speed department.
HP: 90
Attack: 100
Defense: 90
Sp. Attack: 90
Sp. Defense: 80
Speed: 55
Photo courtesy of Game Freak/The Pokémon Company