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Canoo Inc.

Tony Aquila • Executive Chairman & Chief Executive Officer at Canoo Inc.
Manufacturing / Public Companies / Transportation

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 >
Government & Politics / Investments / Manufacturing / Public Companies

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 >
A rendering showing a customized version of Canoo's LV model, outfitted to transport NASA astronauts and equipment to the launchpad for the Artemis program.
Energy / Industry / Manufacturing / Public Companies / Transportation

US Postal Service Purchases Canoo EVs

U.S. Postal Service will purchase Canoo electric vehicles. read more >
Construction / Energy / Government & Politics / Industry / Manufacturing / Public Companies / Transportation

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 >
One of Canoo's all-electric multi-purpose delivery vehicles, which the company announced in December 2020. It said the vehicle would start at about $33,000.
Construction / Energy / Industry / Investments / Manufacturing / Public Companies

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 >
Energy / Industry / Manufacturing / Public Companies / Technology / Transportation

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 >
Business Services / Energy / Public Companies / Transportation

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 >
Construction / Energy / Manufacturing / Public Companies / Transportation

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 >
Energy / Investments / Public Companies / Transportation

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 >
Banking & Finance / Manufacturing

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 >
Investments / Manufacturing / Public Companies / Transportation

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 >
Investments / Manufacturing / Transportation

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 >
Government & Politics / Legal / Public Companies / Transportation

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 >
Energy / Manufacturing / Public Companies / Retail / Transportation

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 >

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 Inc. CEO Tony Aquila, left, shows Arkansas Gov. Asa Hutchinson the inside of one of the company's electric vehicles during an event at the Governor's Mansion on Feb. 22, 2022. 
Construction / Energy / Manufacturing / Public Companies / Transportation

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 >
Manufacturing / Public Companies / Transportation

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 >
Construction / Manufacturing / Restaurants & Food / Retail / Transportation

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 >
A rendering showing a customized version of Canoo's LV model, outfitted to transport NASA astronauts and equipment to the launchpad for the Artemis program.
Investments / Manufacturing / Public Companies / Transportation

Canoo Names New CFO, Ken Manget

Electric vehicle maker Canoo Inc. names Ken Manget its new chief financial officer. read more >
Canoo's Light Tactical Vehicle, an experimental electrical vehicle developed for the U.S. Army
Investments / Manufacturing / Public Companies

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 >