Canoo Inc.

Last price update: 01 Dec 23 23:00 GMT

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$0.29 - $0.31
Year's range:
$0.22 - $1.48
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Company profile for Canoo Inc.

Canoo Inc. logo

Canoo Inc. is a mobility technology company that designs, engineers, develops and manufactures electric vehicles for commercial and consumer markets in the United States. Founded in 2017 and headquartered in Torrance, California, the company is committed to making sustainable urban transportation solutions accessible to all.

Canoo offers a variety of electric vehicles, tailored to meet the needs of customers in different markets. This includes lifestyle delivery vehicles and multi-purpose delivery vehicles for businesses, as well as lifestyle and pickup vehicles for consumers. In addition, the company’s multi-purpose platform architecture is a self-contained, fully functional rolling chassis design that is designed to support various range of vehicle weights and ride profiles.

Canoo is currently focused on the production of its first electric multi-purpose delivery vehicles (MPDV). These vehicles are designed to offer the flexibility, cost-efficiency and environmental sustainability that many businesses need. The company is also working on a second vehicle, the lifestyle delivery vehicle (LDV). This vehicle is expected to be available by 2022 and will be tailored to meet the needs of autonomous ride-hailing services, as well as consumer and commercial applications.

Canoo also plans to expand its product portfolio by introducing new products, including vans, recreational vehicles, sport utility vehicles and all-terrain vehicles. The company plans to launch these vehicles over the next few years.

Canoo has established strategic partnerships with automotive and commercial fleet companies, as well as with technology companies such as Microsoft, NVIDIA, and Bosch, to drive innovation in the electric vehicle space. The company has also secured significant investments from Daimler, Hyundai and others. Canoo is committed to providing safe, efficient, sustainable and affordable solutions for urban transportation, and with its innovative approach and experienced team of engineers, is at the forefront of the electric vehicle revolution.

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United States