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Canoo Inc (GOEV) RSS Feed

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UPDATE; 06-17-2021

GOEV

Reuters • yesterday

U.S. electric vehicle startup Canoo to build plant in Oklahoma

GOEV

The plant, at full capacity, will be able to build over 150,000 vehicles a year, he said in an interview.

Canoo's investment in the facility will come in stages, and depending on demand could ultimately range from $500 million to $1 billion,
he said, adding that the state is providing Canoo more than $300 million in tax incentives.

Until the Oklahoma plant opens, VDL will build Canoo's seven-seat vehicle for the U.S. and European markets,
he said, allowing Canoo to meet its commitment to start production in the fourth quarter of 2022.



PR Newswire • yesterday

Canoo Names VDL Nedcar as Contract Manufacturing Partner

GOEV

PR Newswire • yesterday

Milestone Met: Canoo Selects Oklahoma For Owned Manufacturing Facility




UPDATE; 06-15-2021
Package for air-vent Canoo Debuts Air Purifying Climate Control with UV Technology
9:00 am ET June 15, 2021 (PR Newswire) Print
Canoo Inc. (NASDAQ: GOEV), a company manufacturing breakthrough 
electric vehicle (EVs) has shared details about its virus killing 
cabin climate control with Air Purifying qualities. 




The Wellness Package enhances interior air quality, 
attacks odors and kills viruses instantly, including Covid-19, 
and will be pre-loaded in the Premium and Adventure packages of its Lifestyle Vehicle.

https://mma.prnewswire.com/media/1533196/Lifestyle_Vehicle_Adventure_Rear_Seat_with_Air_Vent.jpg

Canoo's Air Purifying Climate Control enhances interior air quality and kills viruses instantly, including Covid-19.

"Our air purifying technology is designed to keep cabin interiors 
odor and germ free. 

Built for families, ride hailing and road-trips 
our UV-light technology instantly kills viruses, improves air quality and provides peace of mind 
- that we could all use right now," said Tony Aquila, CEO & Executive Chairman, Canoo Inc. 

"Covid-19 changed the way we think about health 
- and we're passing on that future proofing to our customers, 
and everyone that rides with them."

Kills Viruses Instantly & Sanitizes the Air

The Air Purifying system in Canoo's LV Premium and Adventure combines UV-A and UV-C lights with a Titanium Dioxide coated filter to generate 
a photocatalytic process that breaks down pollutants and airborne particles on a molecular level. 

To put it simply, 
the UV light chemically activates the filter which then captures gases, like odors, 
and tiny particles, 
like cigarette smoke, 
germs and 
viruses.

The chemical process in Canoo's filtration systems eliminates viruses and odors upon contact, 
while HEPA filters capture and store particles, 
disarming them over time. 

Our filtration system is not only faster in eliminating viruses, 
but also more cost effective for our customers than HEPA filters 

- which fill up over time and need frequent maintenance or replacement. 

Canoo's chemically activated air purifier is expected to last the lifetime of the vehicle, 
lowering the overall cost of ownership and providing peace of mind for owners 1 through 4.

Canoo's internal thermal management systems were originally designed 
in 2018 well ahead of rising awareness of advanced public health measures. 

Our future-focused team recognized that a globally aging population, 
and immuno-compromised individuals would become top of mind in the coming years and protecting health via air quality would be critical. 

In line with our mission to bring EVs to everyone, 
Canoo's Wellness Package is equally useful for families, 
carpooling or rideshare, long commutes and more.

About Canoo

Canoo has developed breakthrough electric vehicles that are 
reinventing the automotive landscape with bold innovations in design, pioneering technologies, 
and a unique business model that defies traditional ownership to 
put customers first. 

Distinguished by its experienced team 

- totaling over 500 employees from leading technology and automotive companies 

- Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space 
and adaptable to support a wide range of vehicle applications for consumers and businesses. 

For more information, please visit 
http://www.canoo.com.

For Canoo press materials, including photos, please visit press.canoo.com. For investors, please visit 
http://www.investors.canoo.com.

https://mma.prnewswire.com/media/1229806/canoo.jpg

https://c212.net/c/img/favicon.png?sn=LA11077&sd=2021-06-15

View original content to download multimedia:
http://www.prnewswire.com/news-releases/canoo-debuts-air-purifying-climate-control-with-uv-technology-301312144.html

SOURCE Canoo

https://rt.prnewswire.com/rt.gif?NewsItemId=LA11077&Transmission_Id=202106150900PR_NEWS_USPR_____LA11077&DateId=20210615

comtex tracking
COMTEX_388311433/1005/2021-06-15T09:00:21




UPDATE;06-07-2021
From source wow stuff moving to texas to build product, 'Canoo Inc (GOEV)'

https://labusinessjournal.com//news/2021/jun/07/ev-maker-canoo-plas-texas-facility/

[-chart]mma.prnewswire.com/media/1454203/pickup1.jpg[/chart]
 

Canoo is on track to start production on its electric lifestyle vehicles in 2022.

Canoo Inc.’s latest press releases lists Dallas in the dateline, an unusual designation for a company officially based in Los Angeles County.
 
Although the electric vehicle startup’s documents filed with 
Securities and Exchange Commission continue to claim Torrance as 
the company’s headquarters, Canoo Chief Executive Tony Aquila’s 
recent remarks to analysts hint at potential changes down the line.
 
“In addition to our design and engineering hub in California, 
we are diversifying our footprint of our employee base,” 
Aquila said during an earnings call on May 17. 

“We have added, or we’ll be adding, offices in Texas focused on corporate functions, rapid prototyping, 
and go-to-market; Michigan, focused on purchasing and costing; 

and … Wisconsin, which will focus on electric powertrain research and innovation.”
 
“We’re also exploring international hubs for further expansion. Geographic diversification of our workforce will optimize our 
human capital costs and enable us to attract talent specific to 
certain regions. 

The result is a workforce that is stronger, more diverse and drives higher return on capital that is able to work in multiple time zones,” he added.

Canoo is three years into its 15-year lease for office space in Torrance.
 
On Jan. 1, the company signed a five-year contract for a facility 
owned by Aquila that’s located in 
Justin, Texas, near Dallas/Fort Worth.

The area is also home to much of the company’s brass 
— Chief Accounting Officer Ramesh Murthy, who came on board in March; 

Chief Administrative Officer Tony Lee; 

Interim Chief Financial Officer Renato Giger; 

Vice President of Intellectual Property John Maxin; 

Global Head of Human Resources Kelly Stover; and General Counsel Hector Ruiz.
 
Aquila, who took over for Canoo co-founder Ulrich Kranz in April, 
has strong ties to Texas. 

His private equity firm, AFV Partners, is based in Dallas. 

AFV invested about $35 million in Canoo prior to the company’s 
merger with Hennessy Capital Acquisition Corp. IV and 
its subsequent debut on the Nasdaq.

During the May 17 call with analysts Aquila also went over Canoo’s first-quarter financial results 
and provided an update on the company’s business dealings.

Canoo spent $39.3 million on research and development during the 
quarter compared to $19.3 million in the prior-year period.
 
Selling, general and administrative expenses added up to 
$55.6 million compared to $4.1 million during the first quarter of 2020.
 
The company, which has $641 million in cash at its disposal, 
also reported a net loss of $15.2 million, 
down from a net loss of $30.9 million in the prior year period, while capital expenditures increased from $700,000 to $12.1 million for the three months ended March 31.
 
Canoo said it anticipates spending approximately $65 million to $75 million for operating expenses in the second quarter, 
and $45 million to $55 million for capital expenditures.

Aquila said the company’s workforce increased by about 28% during 
the quarter and now consists of 452 employees and 92 contractors. 

The total will increase to a “critical mass” of about 700 to 1,000 workers by 2022.

Aquila also reiterated Canoo’s plans announced in April to move 
away from licensing its technology to other automakers. 

The company’s two-pronged approach to manufacturing will involve 
working with a manufacturing partner during the first phase of 
vehicle production before establishing its own manufacturing 
facilities.
 
He said his team has identified two “high-quality, established, 
globally positioned contract manufacturers,” 
and will announce the finalist in the second quarter.

For reprint and licensing requests for this article, CLICK HERE.

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UPDATE; 05-27-2021
GREAT REVIEW FOR US https://www.tradingview.com/chart/GOEV/sfORAWrR-GOEV-Found-base-Breakout-Target-20/

Forming base inside the descending wedge . Break out from descending wedge could send the stock to $20.
Target 1 - $15
Target 2 - $20



03-25-2021 PPS UNIT
Canoo Inc (GOEV)'

$11.5 strike good till 2025... at higher prices you will have nearly 3 to 1 leverage and pps should move $1 to $1.
link for warrants
https://www.stockmarketmba.com/listofwarrants.php



 
Canoo's New Pickup Is All Electric, All American - Ready For Work & The Weekend
March 10 2021 - 07:52PM
PR Newswire (US)
 

LOS ANGELESMarch 10, 2021 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough
purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, 
debuted today its fully-electric pickup truck during the Motor Press Guild's Virtual Media Day (VMD) in partnership with Automobility LA. 
The production version of the pickup truck will open for preorders in Q2 2021, with deliveries beginning as early as 2023.

"We are so passionate about building vehicles that can change people's lives," said Tony Aquila, Executive Chairman, Canoo.
"Our pickup truck is as strong as the toughest trucks out there and is designed to be exponentially more productive. This truck works for you.
We made accessories for people who use trucks – on the job, weekends, adventure. You name it, we did it because it's your platform and she's bad to the bone."

Canoo's pickup truck was built with several unique features to help customers do more with their vehiclesi:

Pull-out Bed Extension: 

The pickup truck bed is six feet long and can extend to a fully enclosed eight feet, allowing big items such as a 4 by 8 ft sheet of plywood to easily fit inside. 
The pull-handle bed extension also helps with loading and unloading the truck. The extension also serves as a license plate holder.
When the bed is extended, a second layer of tailgate doors can be swiveled out.
The bed-extension also houses a secondary lamp, containing all tail lamp functions, so the truck can be driven while the bed space is maximized.

Fold Down Worktable + Cargo Storage:

To offer the greatest customer utility, the pickup features a front cargo storage area that can hold tools or gear, also includes a fold down worktable with electrical outlets. 
The workstation table is extendable to allow customers to have maximized work surface on the go, in addition to providing an area to put on gear before heading out exploring.

Flip-Down Side Tables:

Both sides of the vehicle house a flip down table in two expandable depths.
Built into the side panel of the truck bed, the flip-down side table becomes a workbench with multi-functional power sources in close proximity.

Side Step + Storage:

On the side of the vehicle there is a hidden step to allow quick and easy access to the truck bed.
Underneath the step is a flexible storage area for items including: a first-aid kit, cooler for snacks and drinks, lockable laptop storage and more.
This space efficient feature is only possible due to Canoo's ultra-flat platform.

Modular Bed with Space Dividers:

The truck bed is modular with the use of Canoo's space divider system designed to keep items separate and secure.
The bed wall also incorporates modular wheel chocks to secure bikes and configurable tie downs for ladders, large equipment and other materials.

Multi-Accessory Charge Port:

The pickup truck can double as a powerplant with exportable power accessible on all sides of the vehicle.
Power can last all day for tools and devices, with as little as 10% impact on vehicle range.|

Integrated Overhead + Bed Perimeter Lighting:

The third break light doubles as an overhead light to see inside the cargo bed at night.
The vehicle is also equipped with perimeter lighting on all sides of the bed wall for added visibility.

Roof Rack:

The pickup truck has optional roof racks in variable sizes for added cargo storage. The roof rack is easily accessible from the flatbed or via the sidestep.

Camper Shell:

The pickup truck has been designed to accommodate a variety of camper shells to fit as many use cases as possible.

The pickup truck is the third vehicle that will be based on the company's proprietary multi-purpose platform architecture, enabling the accelerated development timeline.
Canoo's EV platform functionally integrates all the critical components of an electric powertrain to be as flat and efficient as possible.
Traditional EV platforms have power units, shock towers and mechanical steering columns that protrude into the vehicle and take up space.
By incorporating steer-by-wire and other space-saving technologies,
Canoo's thin platform, with no need for an engine compartment, allows the company to offer a flatbed size comparable to America's best-selling pickup truck on a smaller footprint.
This makes the vehicle easier to maneuver and more convenient to drive and park in any terrain.

Vehicle specifications for the Canoo pickup truck includeii:

  • Dual or rear motor configurations
    Up to 600 hp and 550 lb-ft of torque with dual motors
    Vehicle payload capacity of 1800lbs
    200+ miles of battery range
    Steer-by-wire and brake-by-wire technology
    Tow hitch receiver
    Wheelbase: 112.2 inches/ 2850 mm
    Overall length: 184 inches/ 4677 mm (with bed extension: 213 inches/ 5400 mm)
    Width: 78 inches/ 1980 mm (with mirrors: 87 inches/ 2209 mm)
    Height: 76 inches/ 1920 mm (with roof rack: 82 inches/ 2085 mm)
    Bed W,L: 64 inches/ 1627 mm x 72 inches/ 1817 mm (with extension: 64 inches/ 1627 mm x 102 inches/ 2600 mm)
    Bed depth: 21 inches/ 522 mm
    Roof rack W,L: 48 inches/ 1230 mm x 54 inches/ 1360 mm (as shown)
    Tires: 265 60r18 (as shown)

Canoo designed its pickup truck to be the most cab-forward and space efficient on the market, with massive cargo capacity on the smallest footprint possible.
Thanks to the flexible platform and steer-by-wire, the passenger compartment was able to be shifted forward to maximize driver visibility.
Canoo's designers gave the pickup added stance and durability with increased wheel spats to support larger wheels, which provides improved stability and gives it a rugged profile.
Advanced lighting technology provides adaptive safety, and the company's iconic signature headlights and taillights serve as core brand identifiers without the need for a logo.
Beyond just storage, the front surface of the vehicle has been extended to better protect the headlights and windscreen.

The bumpers are designed for maximum functionality and durability with integrated tow hooks and metal skid plates on both the front and rear.
The vehicle's fog lamps are also integrated seamlessly into the bumper design to offer the driver additional visibility and safety.
Lined with trim and materials selected for durability, the extended cab vehicle has two seats in the front with a customizable rear compartment
that can accommodate two additional seats or support additional purpose-built use-case configurability.

Full specifications will be revealed closer to production. With its thoughtful added features, utilitarian design, and compact maneuverability,
this vehicle reinforces Canoo's mission of creating electric vehicles for everyone on the road or dirt road.
Canoo's line of battery electric vehicles is purposefully designed to help everyday people be more productive and enjoy
a return on capital from their vehicle, putting money back into the pockets of its consumers.

About Canoo 

Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles that are reinventing the automotive landscape
with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first.
Distinguished by its experienced team – totaling over 350 employees from leading technology and automotive companies
– Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable
to support a wide range of vehicle applications for consumers and businesses.  

For more information, please visit
http:// www.canoo.com.  

For Canoo press materials, including photos, please visit press.canoo.com.   

For investors, please visit investors.
http://www.canoo.com. ;

video 03-12-2021
#2-$Canoo 'Canoo Inc (GOEV)' [bed of truck is very usable][like work bench etc.][300h.p.]

assessory's available

https://www.youtube.com/watch?v=sbBXMzaXDVM&ab_channel=Canoo


Canoo
11.8K subscribers
Get updates about Canoo Pickup Truck: https://bit.ly/38vIZrG?

Own the open road with over 200 miles of range and instant acceleration with 550 ft lbs of torque.
Take what you need with you with 1,800 lbs of payload capacity and a 6 ft utility truck bed, packaging a folding side table,
pegboard bed flooring, onboard outlets and more into every corner and surface
— complete with an additional 2ft pull out extension for a little extra room when you need it.  

Our purpose-built pickup truck is designed to be the most cab-forward and space-efficient vehicle available,
resulting in an open cabin with a commanding view of the road and seating for up to four. An exercise in function and form,
the Canoo Truck makes use of every millimeter of space for all the utility you need for work and the weekend. 

Official Press Release: https://bit.ly/3l7QeLj?

Connect with Canoo:
Instagram: https://www.instagram.com/canoo??
Facebook: https://www.facebook.com/canoo??
LinkedIn: https://www.linkedin.com/company/canoo??
Twitter: https://www.twitter.com/canoo??
Medium: https://www.medium.com/@canoo?

#Canoo? #PickupTruck? #ElectricTruck

 



https://electrek.co/2021/02/22/electric-vehicle-companies-you-may-not-know-canoo/

https://electrek.co/best-electric-vehicle-prices/
Shortcuts to Dealers Listed: 
Audi  – BMW – Chevrolet  –  Ford  –  Hyundai  –  Jaguar  –  Kia  –  Nissan  –  Volkswagen  –  Volvo
 
Updated: 2/13/2021 – Highlights:
Dealer inventory of Ford’s Mustang Mach-E is improving, but discounts are rare.
We found two dealerships, both in Michigan, that are offering a small discount on top of a $1000 factory incentive.  

2020 Nissan LEAF deals continue to improve as dealer inventories deplete.
2020 Chevy Bolt inventory is noticeably decreasing. 2021 models are appearing on dealer lots.  
More dealers across the nation are discounting over $13000 from MSRP; a few are as high as $17000.



https://electrek.co/feature/exclusives/
https://electrek.co/guides/ebikes/
https://electrek.co/guides/electric-motorcycle/
https://electrek.co/feature/exclusives/

https://electrek.co/guides/hyperloop/
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https://electrek.co/shop/
ebike under $1,000


Canoo Inc (GOEV)' & $AAPL $KIA

Hyundai and Kia May Still Be Contenders in the Apple Car Game (With an Interesting Twist)
By Jesse Hollington 


https://www.idropnews.com/apple-car/hyundai-and-kia-may-still-be-contenders-in-the-apple-car-game-with-a-strange-twist/153139/

[-chart]cdn.idropnews.com/wp-content/uploads/2021/02/26092631/Imagine-by-Kia-concept-car.jpg[/chart]



Back in early January, 
Hyundai made a pretty big splash when it revealed that it was in talks with Apple about the possibility of building the Apple Car, and
while it was clearly forced to walk that little slip-up back after Apple was none too pleased with the disclosure,
multiple reports began corroborating the fact that the two companies had indeed been in discussions for at least a couple of years.

While the talks ultimately seemed to have gone nowhere, during the process it seemed that Hyundai was struggling with whether to risk its
brand identity in a partnership with the Apple juggernaut, but in the midst of this one possible solution had come to light: 

tagging its Kia Motors subsidiary to take point on the project in order to keep the Apple Car at arms’ length from Hyundai’s more premium Genesis brand.

While that didn’t seem to be enough to keep the talks going, some analysts had suggested that Hyundai and Kia weren’t completely out of the game just yet; 

Apple still needs an experienced partner to produce the Apple Car, 
so many believed the discussions would resume, particularly since 
Apple already had gained much more traction with Hyundai than it reportedly got with other carmakers like Nissan.

‘Not Completely Cancelled’
Although Hyundai and Kia made it clear in regulatory filings last 
month that neither automaker was currently in talks with Apple about developing autonomous vehicles, 
the qualifiers on that statement left the possibility open that the companies could return to the table at some point,
and in fact it looks like they may be pursuing multiple angles for different partnership possibilities — including, of all things, an electric scooter.

According to Reuters, Apple and Kia had signed a memorandum of understanding (MOU) last year to cooperate across eight different sectors, 
of which electric vehicles were only one area, although according to South Korean news site Chosun Biz, 
negotiations on electrical vehicles have “not been completely cancelled.”

The media report on Kia-Apple cooperation does not negate Hyundai’s statement earlier this month, since the statement was limited to a certain item.

Kevin Yoo, analyst, eBEST Investment & Securities
However, even if the electric vehicle manufacturing partnership was to fail completely, 
there are still other areas in which Apple and Hyundai would likely cooperate. 

For instance, there have been other reports from reliable analysts revealing that Apple is strongly considering using
Hyundai’s E-GMP platform as the foundation for the Apple Car, and there’s no reason 
to believe that adopting Hyundai’s chassis is directly tied to whether the South Korean automaker actually builds the final vehicle.

An Electric Scooter?
Comment
Another area in which the two companies are said to be in talks is for “last-mile” mobility solutions —
methods that would help transport users a short distance from their vehicle to a final destination. 

While the Reuters report doesn’t specify exactly what this means, it’s most likely a reference to the electric scooter technology that Hyundai announced back in 2019.

While electric scooters are commonplace, Hyundai’s approach is to build one that docks directly into an electric vehicle so that it’s always charged and ready to go,
allowing drivers to park their car at a more convenient or inexpensive location and ride the final distance to their destination,
and it definitely seems like something that would make an interesting addition to the Apple Car.

https://www.idropnews.com/apple-car/hyundai-and-kia-may-still-be-contenders-in-the-apple-car-game-with-a-strange-twist/153139/







 

PER  IHUB  MGMT 

02-07-2021
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