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Canoo

Canoo Inc.
FormerlyEvelozcity (2017–2019)
Company typePublic
IndustryAutomotive
Founded2017 (2017)
Founders
  • Stefan Krause
  • Ulrich Kranz
DefunctJanuary 17, 2025 (2025-01-17)
FateBankruptcy and Liquidation
Headquarters,
U.S.[1]
Key people
Tony Aquila (chairman & CEO)
ProductsElectric vehicles
Number of employees
805 (December 31, 2021)
Websitewww.canoo.com

Canoo Inc. was an American automotive company based in Torrance, California, that developed and manufactured electric vehicles.[2][3] Canoo's research and development team was based in Michigan, in the Detroit region (Auburn Hills, Livonia), and production operations in Justin, Texas. The company had plans to produce commercial electric vehicles such as vans for fleet, vehicle rental and ride sharing services.[4] On January 17, 2025, Canoo filed for Chapter 7 bankruptcy.[5][6]

  1. ^ "Canoo Investor Relations". investors.canoo.com. Retrieved December 23, 2022.
  2. ^ "Canoo's electric microbus will start under $35,000 when it comes to market". TechCrunch. May 17, 2021. Archived from the original on June 28, 2021. Retrieved May 17, 2021.
  3. ^ O'Kane, Sean (May 17, 2021). "Canoo's electric van will start at $34,750". The Verge. Retrieved May 17, 2021.
  4. ^ "E-Auto-Start-up aus Los Angeles: Canoo geht an die Börse". Wirtschaftswoche; wiwo.de (in German). August 19, 2020. Retrieved September 19, 2020.
  5. ^ "EV startup Canoo files for bankruptcy, to cease operations". Reuters. January 18, 2025. Archived from the original on January 18, 2025.
  6. ^ Davis, Wes (January 18, 2025). "EV startup Canoo has filed for bankruptcy". The Verge. Retrieved January 27, 2025.

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