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Canoo (GOEV) delivers EV pickup for US Army use – which makes sense

Canoo-Army-EV

EV maker Canoo (GOEV) is on a mission to provide electric vehicles for multiple uses with its flexible Multi-Purpose Platform. Canoo announced today it has officially delivered its Light Tactical Vehicle (LTV) EV based on the platform to the US Army.

Meanwhile, the military implementing electric vehicles can do more than protect the planet from climate change.

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Canoo secures another binding EV order, this time for 9,300 LDVs from work rental provider Kingbee

Canoo order

American EV startup Canoo is at it again, fighting off the naysayers and possibly collection agencies by announcing yet another massive binding order for its Lifestyle Delivery Vehicle. Canoo’s latest order comes from work-ready rental van company Kingbee, who has already committed to purchasing 9,300 LDVs with the potential to double that order up to 18,600 units.

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Canoo continues comeback with over 5,000 EVs orders from Zeeba, over half are binding

Canoo orders

SoCal-based EV startup Canoo continues to claw its way out of the pit of near bankruptcy, announcing yet another large commitment of orders for its all-electric Lifestyle Delivery Vehicle (LDV) and Lifestyle Vehicle (LV). Fellow Los Angeles local Zeeba has committed to purchase nearly 5,500 EVs from Canoo, 3,000 of which are part of an initial binding agreement.

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Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left

Canoo Q2

American EV startup Canoo shared its latest report outlining its results for Q2 of 2022 as it continues to fight to stay out of the red in a race toward production. Canoo is now reporting another big loss for the quarter. And, although it has $1 billion in its sales pipeline, only a minority percentage of those commitments are binding under contract.

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Canoo stock doubles as Walmart orders up to 10,000 EVs in deal that includes warranted shares in company [update]

Canoo-Walmart-LDVs

EV startup Canoo continues to feverishly lay the railroad down right in front of itself as it chugs along its route toward scaled production. A recent feeling of dread has been encapsulated by the company’s low stock, but new life has been injected into Canoo in the form of an order of at least 4,500 delivery EVs from Walmart, with the possibility of up to 10,000 in total.

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