In July of this year the US Army announced it awarded Canoo with a contract to produce a Light Tactical Vehicle - a multipurpose pickup truck that can do it all. The Canoo was given a price target of $67,500 and went to work on the car. Fast...
Canoo is on the roll, the ink has barely dried on the contract with Walmart for 10,000 vehicles and now Zeeba, the US fleet solutions company, placed a binding order for 3,000 electric vehicles, with a further 2,450 vehicles to follow...
Startup Canoo's Q1 financial report reads like a dire call for help. The company posted a net loss of over $125 million in the first three months of the year and is doubtful it can even survive another quarter. Canoo chairman and CEO Tony Aquila...
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