Canoo reveals a new electric delivery vehicle ahead of stock exchange debut

Images: Canoo

California EV startup Canoo has announced a new multipurpose electric vehicle aimed at last-mile deliveries and other small businesses, which starts at $33,000 but scales up in size and cost. Due in 2022, the vehicle is the centerpiece of what new executive chairman Tony Aquila told The Verge amounts to a “re-founding of the company” ahead of its debut on the NASDAQ stock exchange at the end of next week, thanks to a reverse merger with a so-called blank check company.

It’s Canoo’s second vehicle, following the subscription-only van it debuted last year. Canoo still plans to make that EV — in fact, the new multipurpose vehicle is built on the same technological platform that Canoo developed for the van, and they share similar design…

Continue reading…

Read more