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 testing the RHD variants of its LDV 130 and LDV 190 electric commercial delivery vans ...

In the latest trading session, Canoo Inc. (GOEV) closed at $0.99, marking a +0.26% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.97% for the day. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.45%. Coming into today, shares of the company had lost 24.64% in the past month. In that same time, the Auto-TiresTrucks sector gained 5.28%, while the S&P 500 gained 5.41%. Investors will be eagerly watching for the performance of Canoo Inc. in ...

Canoo Inc. (GOEV) ended the recent trading session at $0.92, demonstrating a +1.53% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.08%. Heading into today, shares of the company had lost 41.72% over the past month, lagging the Auto-Tires-Trucks sector's gain of 8.09% and the S&P 500's gain of 1.21% in that time. The investment community will be paying close attention ...

EV startup Canoo has been hit with two new lawsuits from suppliers linked to the drivetrains that power its electric vehicles, just weeks after the company kicked off a major reorganization that included the departure of its chief technology officer. Canoo has also parted ways with senior director of advanced vehicle engineering Christoph Kuttner, who was the last remaining co-founder from the team of nine that created the startup in late 2017, TechCrunch has learned. Kuttner was one of nine co-founders who ...

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. 19, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a high-tech advanced mobili ...

Canoo Inc. (GOEV) closed the latest trading day at $1.05, indicating a +0.96% change from the previous session's end. The stock exceeded the S&P 500, which registered a loss of 0.29% for the day. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.31%. Heading into today, shares of the company had lost 24.64% over the past month, lagging the Auto-Tires-Trucks sector's gain of 2.42% and the S&P 500's gain of 1.57% in that time. Analysts and investors alike ...

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 relocate from California to Texas and Oklahoma beginning in the fourth quarter of 20 ...

EV startup Canoo's chief technology officer Sohel Merchant has left the company, two people familiar with his departure have told TechCrunch. Merchant was one of the members of Canoo's founding team, who created the startup in late 2017. His departure from the company means that only one of those founding team members remains — chief engineer Christoph Kuttner. Canoo did not respond to a request for comment. Merchant declined to comment. The split comes at a time when Canoo is going through a sizable reorga ...

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 11, 2024 LD Micro Main Event Los Angeles, CA Monday, October 28 – Wednesday, October ...

Klaus Vedfelt One of the worst performing names in the markets in recent years has been Canoo (NASDAQ:GOEV). The electric vehicle manufacturer saw its shares peak at a splitadjusted price of over $572 in late 2020, only to fall back to just a dollar and change these days. After the close of trading, the company reported its Q2 results, and the numbers show a name that's still in tremendous trouble. Canoo describes itself as a "high tech advanced mobility technology company with a proprietary modular electri ...