Canoo
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 -
Former NASA, Tesla Execs Join Canoo Board of Directors
The electric vehicle maker said Deborah Diaz and James Chen bring decades of experience in technology and in legal and regulatory matters. read more >
Canoo Names Greg Etheridge as CFO
Etheridge was previously chief operating officer and a director of Hennessy Capital Acquisition Corp. He follows Ken Manget, who held the role for seven months. read more >
Canoo Faces Delisting From Nasdaq
The exchange warned Canoo that its stock has been trading below the required minimum for too long. read more >
Canoo Secures 500,000-SF Manufacturing Facility in Oklahoma City
The site on 120 acres is part of a planned production hub that includes a factory in nearby Pryor, Oklahoma. read more >
Canoo Narrows Losses in Q4, While Cash Remains Tight
The company on Thursday afternoon reported losses of $80.2 million, less than the $138.1 million loss it posted the same quarter the previous year. read more >
Canoo Agrees to Sell $52.5M in Discounted Stock
The company, which has been burning through cash, said the funds will be used for "general working capital purposes." 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 -
Canoo Delivers Experimental Vehicle to US Army
The Light Tactical Vehicle, or LTV, is a pickup-style vehicle engineered for extreme environments and comes with "stealth configurations." read more >
Canoo Plans to Buy Manufacturing Plant in Oklahoma City; Losses Widen in Q3
"The last two quarters have been very tight,” CEO Tony Aquila said. read more >
by Scott Carroll -
Canoo Ready to Build Battery Module Plant in Oklahoma
Renovations are expected to begin this quarter at a 100,000-SF building on 10 acres. read more >
Canoo Charges Ahead With 9,300-Vehicle Order
Kingbee Vehicles, a Utah-based van rental group, is the latest company to strike a deal with the EV startup. read more >
Canoo Gets 5,450-Vehicle Order From California Fleet Company
Zeeba Co. Inc. of Los Angeles plans to lease the vehicles for last-mile delivery, ride hailing and more. read more >
Walmart Begins Deliveries With Canoo EVs
The vehicles have been "turning a lot of heads" in the Dallas-Fort Worth area, CEO Tony Aquila said. read more >
Canoo’s Losses Widen, Cash Dwindles in Q2
The electric vehicle startup lost $164.4 million, or 68 cents per share, in the quarter. read more >
Update: Walmart to Buy 4,500 EVs from Bentonville Neighbor Canoo
Canoo has agreed not to do business with Walmart rival Amazon, and Walmart could end up owning more than 20% of the EV maker. read more >
Canoo CEO Tony Aquila Paid More in 2021
His total compensation increased 25%. read more >
The Costs of Innovation (Lance Turner Editor’s Note)
Reports on three Arkansas companies last week underline some of what’s driving innovations in mobility and the high costs of forging new paths in the industry. read more >
by Lance Turner -
Mike Preston: State Remains ‘Optimistic’ About Canoo in Arkansas
The electric vehicle maker's first-quarter report raises more questions than answers. read more >
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