Tony Aquila
Canoo Drops Arkansas From Operations List
A research and development hub in Fayetteville never got past planning and the company “never pulled the trigger” on its plans to move to Bentonville, a company official said. read more >
by Kyle Massey -
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 -
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 >
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 >
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 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 -
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 >
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