Following the recent Q1 2022 report from EV startup Canoo, we find the feature image rather fitting. After admitting a net loss over $125 million for the first three months of this year, Canoo is very much stuck out in the woods. With a lack of current cash on hand to realistically get through Q2, Canoo admitted “there is substantial doubt” about the company’s ability to get out of those financial woods either.
Canoo Stories May 10
EV startup Canoo is reportedly using a lawsuit to recoup profits made by DD Global Holdings and lead beneficiary Pak Tam Li, a significant stakeholder in Canoo with ties to China. In the lawsuit, Canoo is accusing DD Global of selling its shares in March while simultaneously doing an equity swap for the same amount of shares with an unknown buyer.
Canoo Stories April 13
The National Aeronautics and Space Administration (NASA) announced it has chosen EV startup Canoo to provide zero-emission EVs to transport its crew to the launchpad for NASA’s upcoming Artemis missions to the Moon. Canoo will soon join the likes of Tesla and Rivian as EV automakers integrated into the realm of space exploration.
Canoo Stories October 25, 2021
American EV startup Canoo announced that it has reached an agreement with Panasonic to supply the batteries for its upcoming Lifestyle Vehicle. This currently in development EV sits upon Canoo’s multipurpose platform which includes a structurally integrated battery module and proprietary battery system technologies.
Canoo Stories July 3, 2021
Thanks to some quick images captured by a Canoo deposit holder, we have a glimpse of an upcoming electric vehicle from Canoo. This “sport vehicle” has previously been teased on Canoo’s website and in company presentations, but these images offer some of the first glimpses of the upcoming EV in real life.
Canoo Stories June 29, 2021
In a tweet today, EV manufacturer Canoo unveiled a one-minute video showing computer-generated renderings of what its future manufacturing campus may look like in Oklahoma. This “mega microfactory,” as Canoo is calling it, is scheduled to open in 2023 and will bring more than 2,000 jobs to the Tulsa area.
Canoo Stories April 29, 2021
A recent addition to the United States Patent and Trademark Office (USPTO) database has revealed a patent application from EV startup Canoo for its proprietary platform technology. The application provisionally filed in September of 2019 outlines all the components within the Canoo platform as well as an image. A more in-depth search has revealed that the Southern California-based automaker has been quite busy filing many other patents, too.
Canoo Stories March 10, 2021
Details of a fully-electric pickup truck from EV startup, Canoo ($GOEV) leaked today. The images and features were scheduled to be unveiled during the Motor Press Guild’s Virtual Media Day (VMD). This new truck is the third vehicle to sit upon the company’s proprietary multi-purpose platform. The new pickup truck is loaded with unique features and components that utilize every inch of that platform.
Canoo Stories February 22, 2021
Continuing our spotlight on electric vehicle companies you may not have heard about yet is Canoo ($GOEV). The California-based EV startup in beautiful south bay is beginning to ramp up production of multiple electric vehicles. With two EVs unveiled and more on the horizon, Canoo is an electric vehicle company to keep an eye on.
Canoo Stories December 18, 2020
Electric vehicle startup Canoo has unveiled a new $33,000 electric delivery van to follow its passenger electric vehicle, and it teases an upcoming electric pickup truck.
Canoo Stories March 25, 2020
When you first glance at the Canoo EV, sexy is not the word that comes to mind. Richard Kim, the vehicle’s designer, describes it as minimalistic and zen. Detractors grant it all the excitement of a 1990s minivan — maybe an Oldsmobile Silhouette or Toyota Previa — except the Canoo doesn’t know which end is forward.
On the other hand, influential ultra-cool Los Angeles-based musician Lido knows a thing or two about cool. He featured the Canoo EV in the video of his new single, which was released today.
Canoo Stories February 11, 2020
Hyundai kicked off 2020 by announcing an $87 billion effort to develop dedicated electric vehicles. Today the company announced that part of this EV expansion will include a collaboration with electric start-up Canoo to co-develop an architecture for compact and sub-compact EVs.
Hyundai is promising 11 new dedicated EVs by 2025. The company expects the new platform using Canoo’s skateboard architecture to simplify the EV development process and lower costs.
Canoo Stories December 17, 2019
If an EV doesn’t need a conventional engine and transmission, then why does every electric car on the market pretty much look like a gas-powered vehicle? That’s the question being asked by Canoo, the EV company actively re-thinking vehicle design for a new age of shared and connected mobility. We spoke with Canoo’s powertrain chief, who told us that the Canoo doesn’t use a battery enclosure.
Canoo Stories November 29, 2019
The Canoo electric urban van doesn’t get much attention, but it is moving apace along an accelerated production schedule. The company, led by former BMW EV leaders, put the beta version of its EV into road testing this month. Could it be a sleeper hit in the EV market?
Canoo Stories March 25, 2019
Electric vehicle startup EVelozcity, which was founded by former Faraday Future employees, has relaunched as Canoo. The company says it will introduce four EV models in the next three years, and its vehicles will be sold through a subscription model.