Canoo Inc.
Canoo Narrows Q4 Losses, but Stock Plunges 32% on Uncertain Outlook
CEO Tony Aquila told investors that "the goal posts are wide right now because they have to be." read more >
Canoo Stock Soars After Oklahoma Facility Gets Foreign-Trade Zone Designation
Meanwhile, questions remain about the electric vehicle maker's plans for northwest Arkansas. read more >
by Scott Carroll -
US Postal Service Purchases Canoo EVs
U.S. Postal Service will purchase Canoo electric vehicles. read more >
Canoo Delivers Three EVs to State of Oklahoma
Canoo Inc. delivers three electric vehicles to the State of Oklahoma. They're the first commercial vehicles to be made in the state since 2005. read more >
by Lara Farrar -
Canoo Acquires Discounted Equipment to Increase Vehicle Assembly in OKC Plant
Canoo Inc. has purchased equipment at a discounted price to scale up its assembly of electric vehicles in its Oklahoma City manufacturing facility. read more >
Canoo Names Michael Carter as Chief People Officer
Canoo Inc., the electric-vehicle maker with plans to open offices in northwest Arkansas, has named Michael Carter as its chief people officer. Carter will assist the company “through its growth […] read more >
Canoo Announces Deal With Shuttle Service for Up to 550 Vehicles
Prime Time Shuttle offers luxury vehicles and airport transportation shuttles that service the L.A. metropolitan area. read more >
Canoo Q3 Results Show Narrowed Losses, More Cash on Hand
Electric-vehicle maker Canoo Inc. reports a third-quarter loss of $112 million, an improvement from the $117 million loss it reported in the same quarter last year. read more >
Canoo Transfers Stock Listing as Price Languishes Below Nasdaq Minimum
The electric vehicle startup might conduct a reverse stock split to regain compliance with listing requirements. read more >
Carving a Niche (Lance Turner Editor’s Note)
Two efforts in Arkansas, one around fintech and another around EVs, aim to fill desirable niches. read more >
Canoo Narrows Q2 Loss, Announces New Delivery Vehicle
Electric vehicle maker Canoo Inc. of Torrance, California, on Monday announced a $70.9 million net loss, an improvement over the loss it reported in the same quarter last year. The […] read more >
by Lance Turner -
Canoo Finalizes Incentive Deals Worth $113M
Electric vehicle-maker Canoo Inc. finalizes workforce and economic development incentive agreements in Oklahoma for its vehicle assembly and battery module plants there. read more >
SEC Fines Canoo $1.5M, Bans Former Execs From Board Roles
Regulators said the company's revenue projections in 2021 and 2022 were "materially inaccurate." read more >
Walmart, Dillard’s Execs Top List of Highest Pay
Walmart Inc. executives, followed by Dillard's Inc. dominated this week’s list of public company executives ranked by total compensation. read more >
by Gwen Moritz -
Canoo Expands Partnership with Defense Department
Electric vehicle maker Canoo Inc. announced it will be working on an advanced battery pack that can be scaled for use on operational military platforms. read more >
Canoo Narrows Q1 Losses, Teases More Orders From Big Companies
The electric vehicle maker recently secured new orders from a Fortune 100 and Fortune 500 company, CEO Tony Aquila said. read more >
by Lara Farrar -
Schindler Elevator Deploying Canoo EVs
The elevator company's fleet management operations will adopt 50 battery-electric vans as part of Schindler's plans to achieve net-zero emissions by 2040. read more >
by ABPG Staff -
News That’s Not Dreary (Editorial)
We offer some positive business developments, including Westrock’s plans for a $70 million distribution center, to start the week. read more >
Canoo Names New CFO, Ken Manget
Electric vehicle maker Canoo Inc. names Ken Manget its new chief financial officer. read more >
Canoo Announces Deal to Sell EVs in Saudi Arabia
Publicly traded electric vehicle maker Canoo Inc. signs an exclusive agreement with GCC Olayan for the sale, service and distribution of Canoo fleet vehicles in Saudi Arabia. read more >
by Lance Turner -
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