Canoo Inc.

Canoo Inc. is an electric vehicle manufacturing company. It was founded in 2018 with its headquarters in Torrance, California. Aside from California, it also has offices located in Texas, Michigan, and Minnesota. As of 2021, Canoo offers lifestyle vehicles, pickup trucks, and multi-purpose delivery vehicles. It has four types of lifestyle vehicles that range from 5 seaters to 7 seaters. The company is developing a pickup truck with the payload capacity of 1,800 pounds that will be available by 2023. It also offers two types of multi-purpose delivery vehicles. All vehicles must be preordered first, with delivery limited to the United States, Canada, and Mexico. Canoo has plans to expand its services to more states in the United States. As of 2021, it launched its plan for platforms that can be the same sizes for the other electric vehicles. It is dubbed as "the first true steer-by-wire-platform" on the market. The company has long-term engineering plans to maximise space and value along with foundation, safety, and power for all its electric vehicles. The company started trading on the NASDAQ in 2019 under the ticker GOEV. Stay up to date on the GOEV share price by adding it to your eToro watchlist.