JUSTIN, Texas, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), (the "Company"), a high-tech advanced mobility and energy company, today announced that it has filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing, made with the U.S. Bankruptcy Court for Delaware, will result in the federal appointment of a Bankruptcy Trustee to oversee the liquidation of the Company’s... Read More

JUSTIN, Texas, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on December 24, 2024, at 8:00 a.m., Eastern Time (“Effective Date”). Canoo’s Common Stock will continue to trade on The... Read More

JUSTIN, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company today announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations. The company is in advanced discussions with various capital sources. Canoo said, “We regret having... Read More

JUSTIN, Texas, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq:GOEV) (the “Company”), a high-tech advanced mobility company , today announced that it has adjourned its Annual Meeting of Stockholders (the “Annual Meeting”) in order to provide stockholders additional time within which to vote on all proposals. At this time, there are not present, by remote communication or by proxy, a sufficient number of shares of the... Read More

JUSTIN, Texas and LONDON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced a new service, maintenance, and repair (SMR) agreement with Northside Truck & Van Ltd. (“Northside”), a premier automotive service provider in the United Kingdom. With a current aftersales portfolio of over 280 garages in the country, Northside will provide support and maintenance of... Read More

Quarterly revenue of $0.9 million, and year-to-date revenue of $1.50 million Quarterly Adjusted EBITDA was $(37.7) million, an improvement of 2% versus Q3 2023 Adjusted Net Loss Per Share was $(0.54), a 67% improvement versus $(1.71) in Q3 2023 and comparable to $(0.61) per share in Q2 2024 Quarterly cash outflow of $31.3 million in Q3 2024, compared to cash outflow of $39.4 million in Q2, 2024, a 20.7% reduction between Q3... Read More

JUSTIN, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the third quarter ended September 30, 2024 after the market close on Wednesday, November 13, 2024 and host a conference call and webcast at 5 p.m. ET to discuss the results. The call will be hosted by Tony Aquila, Investor, Executive Chairman and... Read More

JUSTIN, Texas and LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that the company has signed an agreement with The AA, the UK’s No.1 breakdown provider, to enhance the customer experience with premium service and repair for Canoo’s commercial fleet and government customers throughout the United Kingdom. The AA (Automobile Association) has a rich... Read More

JUSTIN, Texas, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it has received the IVA (Individual Vehicle Approval) regulatory certificates, meeting the national technical requirements for its Right-Hand Drive (RHD) electric commercial delivery vans in the United Kingdom. This marks a significant milestone for Canoo as the company prepares for pilot... Read More

JUSTIN, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that its Lifestyle Delivery Vehicle 190 (LDV 190) has won the “Overall Electric Vehicle of the Year” award by AutoTech Breakthrough Awards. Canoo is widely known for its innovative approach to... Read More

MIAMI, Sept. 25, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com, a leading independent small cap media portal, announces the schedule of the 75 th Emerging Growth Conference on September 25 & 26, 2024. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth.... Read More

Canoo to establish first European location in Bicester Motion allowing UK customers to experience and test drive Canoo’s right-hand drive commercial electric vans Canoo’s expansion poised to capitalize on the strong demand in the light commercial vehicle (LCV) market JUSTIN, Texas, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced the company’s official... Read More

FTZ activation insulates Canoo from import tariffs and allows for deferments and exemptions as the company expands its global presence The approval of Canoo's FTZ allows other vendors and partners to relocate into Canoo’s user-driven site thereby broadening the benefits to Canoo and its partners Effective immediately providing a 5% reduction in BOM costs for imported parts significantly improving margins JUSTIN, Texas, Sept.... Read More

JUSTIN, Texas, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a technology equipment manufacturer specializing in electric cargo vehicles for commercial, government and fleet customers, today announced the company will migrate its engineering workforce to its two Oklahoma locations – Oklahoma City and Pryor and relocate its corporate headquarters to northern Texas. Approximately 137 engineering positions will... Read More

JUSTIN, Texas, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that company leadership will participate in the following future investor conferences. Emerging Growth Conference Virtual Thursday, August 22, 2024 Greg Ethridge, CFO, will speak at 2:20 p.m. EST HC Wainwright Global Investment Conference New York City Monday, September 9 - Wednesday, September... Read More

Quarterly revenue record of $605K Quarterly Adjusted EBITDA was $(38.6) million, an improvement of 38% versus Q2 2023, and an improvement of 20% versus Q1 2024 Adjusted Net Loss Per Share was $(0.61), a 46% improvement from $(1.13) per share in Q1 2024 33% or $20.7 million reduction in Operating Expenses versus Q1 2024 Reduced total quarterly cash outflow by $39 million or 49% in Q2 2024 versus Q2 2023 Relocating... Read More

JUSTIN, Texas, July 23, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the second quarter ended June 30, 2024 after the market close on Wednesday, August 14, 2024 and host a conference call and webcast at 5 p.m. ET to discuss the results. The call will be hosted by Tony Aquila, Investor, Executive Chairman and Chief... Read More

JUSTIN, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that Go2 Delivery, a sustainable logistics solutions provider, has signed a definitive agreement to purchase five fully-electric commercial delivery vans with the potential to purchase up to an additional 85 vans. Go2 Delivery will integrate Canoo’s popular Class 1 Lifestyle Delivery Vehicle 130... Read More

JUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it has officially joined the broad-market Russell 3000 ® Index, the small-cap Russell 2000 ® Index and the Russell Microcap ® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets today. The annual Russell US Indexes... Read More

Canoo’s Lifestyle Delivery Vehicle 190 (LDV 190) won the Best of the Best in the Commercial Vehicles Category Canoo's LDV 190 is also nominated for the Red Dot: Luminary, the highest recognition accorded at the Red Dot Award: Design Concept Canoo’s American Bulldog electric pickup truck is recognized as a 2024 Red Dot winner... Read More

JUSTIN, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it has received the first of two tranches of new or like-new advanced manufacturing assets, formerly owned by Arrival Automotive UK Limited, at its Foreign Trade Zone (FTZ) designated facility in Oklahoma City, OK. The received assets will bolster in-house processes and enable higher cabin... Read More

JUSTIN, Texas, June 03, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that company leadership will participate in the following investor conferences in June: Stifel Cross Sector Insight Conference Boston, Massachusetts June 4 -5, 2024 CFO Greg Ethridge will participate in a fireside chat on June 4 at 4:10 p.m. ET. Sidoti Small Cap Conference Virtual June 12-13,... Read More

Quarterly Adjusted EBITDA was $(48.3) million, an improvement of 28.0% (or $18.8 million) versus Q1 2023 and an improvement of 11.5% (or $6.3 million) versus Q4 2023 Adjusted Net Loss Per Share was $(1.13) per share, a 34.6% Improvement from $(1.73) per share in Q4 2023 Increased Purchases of Long Lead Time New and Like New Equipment at Large Discounts by Six Times in Q1 2024 versus Q4 2023; Reduces Future Capital... Read More

Justin, TX, May 03, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended March 31, 2024 after market close on Tuesday, May 14, 2024. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen... Read More

Justin, TX and Riyadh, Saudi Arabia, April 08, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a high-tech advanced mobility company, announced its innovative electric vehicles will be used in a pilot program by Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA. Red Sea Global will pilot Canoo’s Lifestyle Vehicle (LV), Lifestyle Delivery Vehicle (LDV) 190, and the... Read More

Justin, TX, April 05, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that on Monday April 8th and Tuesday, April 9th, the Company's management team will be presenting and hosting 1:1 investor meetings at the LD Micro Invitational XIV in New York City. The formal presentation will be webcast on Tue, Apr 9 at 3:00-3:25 PM ET. Please visit the IR Calendar page... Read More

NEW YORK , April 4, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: Canoo Inc. (NASDAQ: GOEV) *please contact fletcher@fmoorelaw.com The investigation concerns recent reports disclosing that Canoo spent double its annual revenue on the CEO's private jet in 2023 and other potential related party transactions. Canoo recently posted... Read More

MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 69 th Emerging Growth Conference on April 3 & 4, 2024. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. Register... Read More

Justin, TX and Riyadh, Saudi Arabia, April 02, 2024 (GLOBE NEWSWIRE) -- Canoo Inc . (NASDAQ: GOEV), a leading high-tech advanced mobility company, today signed a vehicle sales agreement with Jazeera Paints , a pioneering paint manufacturer in the Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA). Jazeera Paints will initially purchase 20 Canoo's electric vehicles (EVs) into its fleet in 2024, with the... Read More

45% or $184.2 million Annual Adjusted EBITDA Improvement from $(408.6) million in 2022 to $(224.4) million in 2023 40% or $11.9 million Reduction in Capital Expenditures versus already reduced 2023 Second-Half Guidance Secured USPS Agreement to Purchase Right Hand Drive LDV 190s Started Commercial Fleet Customer Deliveries Acquired Advanced Manufacturing Assets at Deep Discounts Reducing Anticipated Capital Expenditures by... Read More

Justin, TX, March 25, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that it completed the acquisition of a substantial portion of the advanced manufacturing assets that were previously owned by Arrival Automotive UK Limited. The purchased assets will be collected into more than 20 containers and shipped by sea to Canoo’s manufacturing facilities in... Read More

Justin, TX, March 18, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced that the U.S. Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone (FTZ). The approval marks a significant milestone that will accelerate Canoo’s Made in America electric vehicle manufacturing strategy, improve unit profitability and enable a faster path to... Read More

Justin, TX, March 11, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter and full year ended December 31, 2023 after market close on Monday, April 1, 2024. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are... Read More

Justin, TX, March 07, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced that the Company's management team will be attending the following upcoming investor conferences: --On Thursday, March 7th at 12:35pm EST, the company will present at the Emerging Growth Conference, a virtual event. --On Monday, March 18th and Tuesday, 19th, the company will attend the 36th... Read More

Justin, TX, March 06, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), (“Canoo” or the “Company”), an advanced high-tech mobility company, announced today that it will effect a 1-for-23 reverse stock split of its common stock, par value $0.0001 per share (“Common Stock”), that will become effective on March 8, 2024, at 8:00 a.m., Eastern Time (“Effective Date”). Canoo’s Common Stock will continue to trade on The Nasdaq... Read More

Justin, TX, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Justin, TX – (February 27, 2024) – Canoo Technologies (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has received its first funding from the State of Oklahoma for successfully achieving an employment milestone from previously announced agreements awarded on workforce and economic development incentives from the state of Oklahoma. The state is now home... Read More

Justin, Texas, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), an advancing high-tech mobility company, today announced appointments of two leaders in electric mobility, public policy, clean energy, technology, and cybersecurity to the company’s Board of Directors. The appointments of Ms. Deborah Diaz and Mr. James Chen are effective immediately. “I’m excited to strengthen the board with the additions of Deborah... Read More

Justin, Texas, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced the U.S. Postal Service will purchase six (6) battery-electric Canoo vehicles. The Postal Service will take delivery of these six right-hand drive versions of the LDV 190 in Q1 2024. Canoo... Read More

Justin, Texas, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced Kingbee, a national work-ready van provider, will begin using Canoo LDV 130 vehicles in its fleet. Canoo delivered vehicles to Kingbee consistent with its schedule as part of a phased ramp-up manufacturing approach in Oklahoma City. Additional customer deliveries will be scheduled through... Read More

Justin, Texas, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced the company has created over 100 new jobs in the state of Oklahoma and achieved a key hiring milestone. The state is now home to 20% of Canoo’s total workforce. As Canoo scales manufacturing to make additional customer deliveries in 2024, the company is continuing to build the team of... Read More

Justin, Texas, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced the purchase of manufacturing assets at dramatically reduced prices to scale production at its Oklahoma City facility. Canoo purchased a cache of manufacturing assets, from robotics to controls processing equipment that will be used to build vehicle cabins. As Canoo scales manufacturing... Read More

Justin, Texas, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, today announced the adjournment of its annual shareholder meeting until Friday, December 29, 2023 at 8:30 a.m. Central Time, to provide additional time to solicit votes to reach a quorum and conduct business. About Canoo Canoo's mission is to bring EVs to Everyone. The company has developed breakthrough... Read More

Justin, Texas, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Canoo Inc. (Nasdaq: GOEV), a leading high-tech advanced mobility company, today announced Michael Carter as Chief People Officer. Carter will be responsible for helping the company through its growth and scaling manufacturing in Oklahoma. “We’re excited to welcome Michael to the Canoo team,” said Tony Aquila, Investor, Executive Chairman, and CEO at Canoo. “This important next... Read More

Luxury and airport transportation service will purchase vehicles over multiple years, enhance sustainable fleet JUSTIN, Texas , Nov. 16, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a leading high-tech mobility company, today announced a contract with Los Angeles -based Prime Time Shuttle for the purchase of up to 550 electric vehicles. Prime Time Shuttle will purchase the Lifestyle Vehicle (LV) Premium model vehicles... Read More

Accelerating revenue generation phase Delivering first units to state of Oklahoma as part of up to 1,000-unit agreement Commissioned ladder frame and battery lines LDV 190 undergoing customer evaluation and testing Announced the American Bulldog, builds upon rapid product development and real-world testing JUSTIN, Texas , Nov. 14, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech mobility company, today announced... Read More

Milestone delivering first batch in agreement of up to 1,000 vehicles OKLAHOMA CITY , Nov. 13, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a leading high-tech mobility company, today announced delivering its first Made in Oklahoma electric vehicles to the state of Oklahoma. This is a milestone that marks the start of... Read More

JUSTIN, Texas , Nov. 10, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a leading high-tech mobility company, today introduced the American Bulldog. This vehicle is a derivative of the Screaming Eagle that was delivered to the U.S. Army for extensive testing in 2022. The American Bulldog builds upon Canoo's rapid product... Read More

JUSTIN, Texas , Nov. 2, 2023 /PRNewswire/ -- Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended September 30, 2023 after market close on Tuesday, November 14, 2023 . The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to... Read More

RYE, N.Y., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 47th Annual Auto Symposium at the Encore at Wynn in Las Vegas beginning on October 30, 2023. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which... Read More

JUSTIN, Texas , Oct. 2, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced today that it has entered into a purchase agreement with a foreign strategic institutional investor, for an investment of $45 million . Canoo and the investor agreed to work together in good faith to negotiate one or more additional investments for up to $150 million . The closing and sale are expected... Read More

Under the Historic Agreement, Pawnee Tribal Officials and Canoo Will Work Together to Deploy Zero-Emission Vehicles and Promote Employment, Entrepreneurial Opportunities PAWNEE, Okla. , Sept. 21, 2023 /PRNewswire/ -- Canoo Technologies (NASDAQ: GOEV) announced today that it has established an agreement with the Pawnee Nation, based in Pawnee, Oklahoma , to identify and nurture emerging business and job opportunities in... Read More

RYE, N.Y., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds will host the 47 th Annual Automotive Symposium on October 30 th and 31 st , 2023 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting... Read More

JUSTIN, Texas , Aug. 28, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has named current Board Member Greg Ethridge as Chief Financial Officer, succeeding Ken Manget . Ethridge will report to Canoo Chairman and CEO, Tony Aquila. This move is effective immediately, and Ethridge will assume responsibilities for capital markets, investor relations, accounting & financial... Read More

SEC matter is settled Introduced a derivative of the Lifestyle Delivery Vehicle (LDV), the LDV 190 Achieved installed manufacturing capacity at Oklahoma City and Pryor, Oklahoma locations Generated first revenues from vehicle deliveries and government contract Closed on Fortune 100 customer agreement to purchase vehicles for national fleet JUSTIN, Texas , Aug. 14, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech... Read More

Larger vehicle offers 30 percent more space and 21 percent greater payload capacity. JUSTIN, Texas , Aug. 14, 2023 /PRNewswire/ -- Canoo Technologies (NASDAQ: GOEV), an advanced mobility company, announced today that it is launching its new Lifestyle Delivery Vehicle (LDV) 190, which expands the company's line-up into the Class 2 electric cargo van segment. "This newest vehicle offers even greater space and flexibility for... Read More

Company expects to hire over 1,300 at Oklahoma vehicle assembly and battery plants JUSTIN, Texas , Aug. 14, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has finalized today agreements on workforce and economic development incentives from the state of Oklahoma and the Cherokee Nation for its vehicle assembly and battery module manufacturing plants in Oklahoma City and... Read More

JUSTIN, Texas , July 31, 2023 /PRNewswire/ -- Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended June 30, 2023 after market close on Monday, August 14, 2023 . The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to... Read More

JUSTIN, Texas , July 12, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has delivered on time three Crew Transportation Vehicles (CTVs) to NASA's Kennedy Space Center in Florida . These vehicles will transport the astronauts to the launch pad for the Artemis lunar missions. "We are thrilled to be a part of the Artemis missions and to deliver NASA's first zero-emission... Read More

Move follows successful testing and analysis of Canoo's patented technology JUSTIN, Texas , July 10, 2023 /PRNewswire/ -- Canoo Technologies (NASDAQ: GOEV), an advanced mobility company, announced today that the U.S. Department of Defense's Defense Innovation Unit (DIU) significantly expanded the scope of its previously announced partnership. The company says it has leveraged it advanced commercial battery and integration... Read More

Our LDV vehicle is eligible for the full IRA commercial tax credit of $7,500 in 2023 25% reduction in annual operating expenses compared to last fiscal year Secured favorable long-term lease for Oklahoma City manufacturing facility Focused on exiting 2023 at a 20K run-rate, which opens the ability for us to move to 40k run-rate by 2024 to meet demand Targeting Gross Margin positive in 2025 JUSTIN, Texas , May 15, 2023... Read More

JUSTIN, Texas , May 4, 2023 /PRNewswire/ -- Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter ended March 31, 2023 after market close on Monday, May 15, 2023 . The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to the... Read More

JUSTIN, Texas , April 10, 2023 /PRNewswire/ -- Canoo Inc. (NASDAQ: GOEV), a high-tech advanced mobility company has entered into a long-term lease agreement with an affiliate of AFV Partners, a related party, for its recently announced Vehicle Manufacturing Facility in Oklahoma City . Canoo will initially occupy close to 500,000 square feet, with the ability to expand. In phase 1, Canoo expects to employ more than 500... Read More

SEC Investigation Resolved with the Staff Concluding in a $1.5M Payment Contract Awarded: Department of Defense Selected Canoo for Battery Module Testing and Demonstration First Order Fulfilled: LTV Delivered to US Army Phase 1 SOP Michigan Completed Phase 2 SOP Kicked-off In Pryor and Oklahoma City JUSTIN, Texas , March 30, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today... Read More

JUSTIN, Texas , March 16, 2023 /PRNewswire/ -- Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it will report its financial results for the quarter and full year ended December 31, 2022 after market close on Thursday, March 30, 2023 . The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are... Read More

JUSTIN, Texas , Feb. 6, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV) (the "Company" or "Canoo"), a high-tech advanced mobility company, announced today that it has entered into definitive agreements with certain institutional investors for the purchase and sale of 50,000,000 shares of the Company's common stock together with warrants to purchase up to 50,000,000 shares of common stock at a combined purchase price of $1.05... Read More

JUSTIN, Texas , Feb. 1, 2023 /PRNewswire/ -- The Defense Innovation Unit awarded Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, a contract to supply battery modules for analysis and demonstration. This award supports the U.S. Department of Defense focus to incorporate scalable and adaptable capabilities in tactical environments. "We are very proud to be selected by the Department of Defense and to contribute to... Read More

JUSTIN, Texas , Jan. 26, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today named Ken Manget , Chief Financial Officer. Reporting directly to Canoo Chairman and CEO, Tony Aquila , Manget will be responsible for Capital Markets, Investor Relations, Accounting & Financial Reporting. Ramesh Murthy , who served as interim CFO, will continue in his role as Senior Vice President, Finance... Read More

JUSTIN, Texas and RIYADH, Saudi Arabia , Jan. 25, 2023 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, today signed an exclusive agreement with GCC Olayan (General Contracting Company) a leading multi-national subsidiary of Olayan Saudi Holding Company (OSHCO), for sale, service, and distribution of Canoo fleet solutions in Saudi Arabia . GCC Olayan has been a distributor of premier brands in... Read More

Strong Customer Demand: Growing Order Book at +$2B with $750M Binding Orders Product Validated: Completed Advanced Deliveries to Refine and Finalize Vehicle Custom Configuration for Walmart Manufacturing Secured: SOP on November 17, 2022 and Vehicle & Battery Module Manufacturing Facilities Announced Clear Path to Secure Funding: Finalizing Multiple Equity Initiatives & Evaluating Non-Dilutive Capital Sources On A $500M... Read More

Facility to Produce LDV & LV Programs for 2023 Customer Deliveries JUSTIN, Texas , Nov. 9, 2022 /PRNewswire/ -- Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has entered into an agreement to acquire a Vehicle Manufacturing Facility in Oklahoma City . Strategically located with easy access to road and... Read More

Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has announced an EV Battery Module Manufacturing Facility at MidAmerica Industrial Park in Pryor, OK. The new facility will expand Canoo's manufacturing and employment footprint in the region. Once ramped, the facility will be capable of approximately 320 MWhs... Read More

Canoo (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it plans to report its financial results for the second quarter ended September 30, 2022 after market close on Wednesday, November 9, 2022 . The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to the live webcast online... Read More

Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company, has announced a binding order for 9,300 American-made electric vehicles from Kingbee, a leading national work-ready van rental provider, with an option to increase to 18,600 vehicles. Kingbee will upfit, wrap and deliver Canoo vehicles as work-ready fleets... Read More

Canoo purpose-built vehicles will be deployed to Zeeba's small & medium sized business clients including trade professions, food services, field operations, small package delivery and more Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company and Zeeba, a growing national fleet leasing provider, have signed an... Read More

Within two weeks of signing an agreement to purchase 4,500 vehicles, Canoo (NASDAQ: GOEV), & Walmart (NYSE: WMT) InHome launched advanced deliveries to finalize their unique configuration for their Lifestyle Delivery Vehicles (LDV) order. Canoo LDV's were deployed for real world deliveries in a 7-days-a-week program in the... Read More

Over $1 billion sales pipeline $300 million Pre-Paid Advance Agreement and $200 million At-the-Market program which reduce cost of capital and increase both capacity and access to capital Walmart signed definitive agreement to purchase 4,500 units, beginning with the Lifestyle Delivery Vehicle (LDV), with an option to purchase up to 10,000 units Canoo Inc. ( Nasdaq : GOEV ), a high-tech advanced mobility company, today... Read More

Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it plans to report its financial results for the second quarter ended June 30, 2022 after market close on Monday, August 8, 2022 . The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to the live webcast online here. A... Read More

Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, has been awarded by the U.S. Army to supply an electric vehicle for analysis and demonstration. This contract supports the U.S. military's focus to incorporate scalable and adaptable capabilities in operational and garrison environments. "As an American company based in the heartland, it is an honor to be selected by the U.S. Army," said Tony Aquila, Investor,... Read More

The retailer will be the first to receive Canoo's Lifestyle Delivery Vehicle which is anticipated to begin hitting the road for Walmart deliveries in 2023. Walmart (NYSE: WMT) has signed a definitive agreement with Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles,... Read More

$300 million in total funding via a committed PIPE from an existing shareholder and an equity purchase agreement with financing partner Yorkville Advisors In addition, the Company has filed a $300 million universal shelf A total of $600 million in accessible capital to optimize the Company's financial needs to SOP Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the... Read More

Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it plans to report its financial results for the first quarter ended March 31, 2022 after market close on Tuesday, May 10, 2022. The Company will host a conference call and live webcast at 5:00 pm ET to discuss the results, followed by a question-and-answer period. Those interested are invited to listen to the live webcast online here . A... Read More

The National Aeronautics and Space Administration (NASA) has selected Canoo Inc. (Nasdaq: GOEV) a high-tech advanced mobility company to provide Crew Transportation Vehicles (CTVs) for crewed Artemis lunar exploration launches. Canoo will deliver multiple customized all-electric LV models to NASA by June 2023 . "We are honored... Read More

Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced its financial results for the fourth quarter and fiscal year 2021. "We continue to make key progress and recently executed multiple agreements with the state of Oklahoma , including for the purchase of 1,000 vehicles. We broke ground in Pryor Oklahoma , and announced our Advanced Manufacturing facility in Bentonville, Arkansas ," stated Tony... Read More

Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, today announced that it plans to report its financial results for the fourth quarter and full year ended December 31, 2021 after market close on Monday, February 28,... Read More

Canoo Inc. (Nasdaq: GOEV) Canoo today announced key executive appointments to execute its business and manufacturing strategy. Sohel Merchant , who joined the company in 2017 as one of its founders, has been promoted to Chief Technology Officer, Automotive. Mr. Merchant, most recently SVP of Complete Vehicle Engineering at... Read More

Canoo Inc. (Nasdaq: GOEV) today announced it will accelerate and now shift production of its breakthrough electric vehicles from Europe to the United States . The Company will begin manufacturing at its advanced industrialization facility planned for Northwest Arkansas and remains on target to bring online its Mega Micro... Read More

Canoo Inc. (NASDAQ GOEV) and VDL Groep B.V. today announced that the two companies are exploring opportunities to partner together. "We appreciate the months of effort VDL Nedcar invested to provide us with a contract manufacturing option, but we have concluded that building in America is better aligned with our mission and... Read More

Canoo (Nasdaq: GOEV), a manufacturer of breakthrough electric vehicles (EVs) that are reinventing mobility, today announced it will expand its Oklahoma partnership to include new R&D, software development and customer support and financing centers. The investments are expected to bring at least 700 additional high paying jobs... Read More

Today, Canoo (Nasdaq: GOEV) announced that it has selected Bentonville, Arkansas as its headquarters and that it will establish an R&D center and an advanced industrialization and low-volume production facility for small package delivery vehicles in the state. These and other investments will bring at least 545 high paying jobs to Benton and Washington counties. "We are proud to partner with the State of Arkansas to develop... Read More

The George Kaiser Family Foundation (GKFF) and Canoo (Nasdaq: GOEV), a manufacturer of breakthrough electric vehicles (EVs) that are reinventing mobility, today announced a groundbreaking new partnership to attract, train and retain a dynamic and globally competitive Tulsa technology workforce. Sparked by Canoo's planned... Read More

Canoo Inc. (Nasdaq: GOEV) ("Canoo"), a company developing breakthrough electric vehicles ("EV") with a proprietary and highly versatile EV platform for personal and business use, today announced its financial results for the third quarter of 2021. "Our discipline continues to be Big News or No News. Therefore, we will... Read More

Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, today announced that it plans to report its financial results for the third quarter ended September 30, 2021 after market close on Monday, November 15, 2021 . The... Read More

Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), today announced it has reached an agreement with Panasonic to supply batteries for its Lifestyle Vehicle. Scheduled for production in Q4 2022, the Lifestyle Vehicle will be manufactured by VDL Nedcar and will support US and EU product demand.... Read More

Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), and AVL today announced a partnership to develop, test and validate Advanced Driver Assistance Systems (ADAS) software for Canoo's Lifestyle Vehicle. Canoo's proprietary ADAS is designed with the driver in mind - to keep occupants safe and... Read More

Canoo Inc. (Nasdaq: GOEV) ("Canoo"), a company developing breakthrough electric vehicles ("EV") with a proprietary and highly versatile EV platform for personal and business use, today announced its financial results for the second quarter of 2021. "At Canoo we are focused on bringing sustainable and affordable mobility to the... Read More

Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), was awarded a AA ESG rating by leading global investment and ESG rating firm, MSCI. The AA ranking places Canoo as an industry ESG leader and in the top 11% of automotive companies. The AA ranking by MSCI places Canoo as an industry ESG leader and in the top 11% of automotive companies. "At Canoo we are focused on bringing EV's to the... Read More

Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, today announced that it plans to report its financial results for the second quarter ended June 30, 2021 after market close on Monday, August 16, 2021 . The Company will host a conference call and live webcast at 5:00pm ET to discuss the results, followed by a... Read More

Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), announced that Tony Aquila, investor, Chairman & CEO and the Board of Directors, has appointed board member, Ambassador Josette Sheeran , as President, effective today, Monday, July 26, 2021 . "I've gotten to know Josette over the last year since investing in Canoo, recruiting her to the board, and being able to work alongside her during the... Read More

Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicle (EVs) today announced owned and contract manufacturing plans. During the company's first Investor Relations Day, Chairman & CEO Tony Aquila named VDL Nedcar as its contract manufacturing partner. Based in the Netherlands , VDL Nedcar will manufacture... Read More

Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs) today announced Oklahoma as the location for its US manufacturing facility. During the company's first Investor Relations Day, Investor Chairman & CEO Tony Aquila welcomed Governor Kevin Stitt for the joint announcement. By parallel pathing... Read More

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... Read More

Canoo Inc. (NASDAQ: GOEV), a US-based automaker manufacturing breakthrough electric vehicles, will host an investor relations day on June 17, 2021 . The event will provide insight into the company's vision to bring electric vehicles to everyone by focusing on use cases and increasing owner productivity while simultaneously... Read More

Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough electric vehicles, is partnering with the University of Wisconsin-Madison to accelerate advances in electric vehicle technologies while lowering the overall cost of owning an electric vehicle. In May 2021 , the two organizations signed a memorandum of understanding... Read More

Canoo Inc. (Nasdaq: GOEV) ("Canoo"), a company developing breakthrough electric vehicles ("EV") with a proprietary and highly versatile EV platform for consumer and commercial use, today announced its financial results for the first quarter results for 2021. "I am pleased with the rapid transition we have made to execute on... Read More

Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough electric vehicles (EVs) has opened its reservations and is taking preorders. Starting today, the lifestyle vehicle, MPDV and pickup truck can be reserved in the United States , with a $100 deposit per vehicle at www.canoo.com/reservations . The Lifestyle Vehicle will be the first vehicle to market in 2022, and has targeted pricing starting from $34,750 - $49,950 i... Read More

Canoo Inc. (Nasdaq: GOEV) ("Canoo" or the "Company"), a company developing breakthrough purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, today announced that it will report its financial results for the first quarter ended March 31, 2021 on Monday, May 17, 2021 . The Company... Read More

Canoo Inc. (Nasdaq: GOEV), a Los Angeles -based mobility technology company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile multi-purpose platform architecture, has named Christian Treiber as Senior Vice President, Global Customer Journey & Aftersales. "For decades many... Read More

Canoo (Nasdaq: GOEV) ("Canoo" or the "Company"), today announced the appointment of Tony Aquila, its Executive Chairman and one of the Company's largest investors, to the added role of Chief Executive Officer. In this position, Mr. Aquila will lead the Company in its focused strategy of bringing the Company's best-in-class electric vehicles (EVs) to the masses. Canoo is a Los Angeles -based mobility technology company... Read More

Canoo (Nasdaq: GOEV) ("Canoo" or the "Company"), a Los Angeles -based mobility technology company developing breakthrough, purpose-built electric vehicles (EVs) with a proprietary and highly versatile multi-purpose platform architecture today reported results for the fourth quarter and full year 2020. "Globally there are... Read More

Canoo Inc. (Nasdaq: GOEV), a Los Angeles -based mobility technology company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile multi-purpose platform architecture, has expanded its key leadership as it advances to commercialization. "I am excited to announce a seasoned... Read More

Canoo Inc. (Nasdaq: GOEV) ("Canoo" or the "Company"), a company developing breakthrough purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2020 on Monday, March 29, 2021 . The Company will host a conference call with a live webcast at 2:00 p.m. PT / 5:00... Read More

Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, has named Claudia Romo Edelman and Arthur Kingsbury to the Board of Directors, effective immediately. "Based on my years of experience building high-growth companies,... Read More

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... Read More