Until the plant opens, VDL Nedcar in the Netherlands will build Canoo’s seven-seat vehicle for the US and European markets. It will employ more than 2,000 people and will also have assembly as well as a body and paint shop. An electric vehicle from the startup Canoo. U.S. electric vehicle startup Canoo said on Thursday […]
Apple Hires Ex-BMW Exec Kranz For Its Electric Car Project
Apple has roped in a former BMW executive and the recently departed CEO and co-founder of EV startup Canoo, Ulrich Kranz, for its electric car project. San Francisco, Apple has roped in a former BMW executive and the recently departed CEO and co-founder of EV startup Canoo, Ulrich Kranz, for its electric car project. Kranz […]
Canoo unveils all-electric multi-purpose commercial vehicle
Los Angeles-based electric vehicle company Canoo has showcased its all-electric multi-purpose delivery vehicle to be priced starting at approximately $33,000 (Rs 24 lakh). The company says the vehicle is purposefully designed to maximise return on investment for its customers. It is based on Canoo’s proprietary electric platform and will be offered in two initial size […]
Canoo is the latest electric vehicle company to use a ‘reverse merger’ to go public
EV startup Canoo is going public at a valuation of $2.4 billion in an effort to raise enough money to help bring its first vehicle, a VW microbus-style van that was first revealed last year, to market. The company announced Tuesday that it was merging with Hennessy Capital Acquisition Corp IV, a so-called “blank check” […]
Electric-vehicle startup Canoo to go public, joining the wave of companies chasing Tesla’s success
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Electric-vehicle startup Canoo announced Tuesday morning that it will go public at a $2.4 billion valuation later this year. It joins a raft of EV makers making the jump to public markets. Like […]
BlackBerry to Power Autonomy Systems in Canoo’s Next Generation Electric Vehicles
WATERLOO, Ontario and LOS ANGELES : BlackBerry Limited (NYSE: BB; TSX: BB) and electric vehicle (EV) startup Canoo announced today that the ADAS systems for the company’s membership-based semi-autonomous EVs will be powered by the BlackBerry QNX operating system (OS), including radar sensors, parking sensors and cameras. As part of the agreement, BlackBerry will license […]