Electric-vehicle maker Canoo said Monday it has acquired manufacturing equipment from Arrival Automotive UK Limited. The deal covers "a substantial portion" of "advanced manufacturing assets" at a ...

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 ...

Canoo’s Oklahoma plant, which the company opened last April, occupies close to 500,000 square feet, with the ability to expand, and can employ over 500 people at capacity! Canoo recently added to the ...

Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO as the company struggles to stay afloat amid capital shortages. The company spent $1 ...

Canoo has a solid product strategy, focusing on a flexible vehicle platform and the underserved niche of light commercial vehicles. The company relies heavily on shareholder dilution for liquidity, ...

Good morning! It's Monday, December 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you ...

Canoo buys factory equipment from EV startup Arrival at deep discount, aimed at boosting its manufacturing. The EV maker has been producing its electric passenger and delivery vans in small numbers, ...