Canoo Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

45% or $184.2 million Annual Adjusted EBITDA Improvement from$(408.6) million in 2022 to $(224.4) million in 202340$11.9 million Reduction in Capital Expenditures versus already reduced 2023 Second-Half GuidanceSecured USPS Agreement to Purchase Right Hand Drive LDV 190sStarted Commercial Fleet Customer DeliveriesAcquired Advanced Manufacturing Assets at Deep Discounts Reducing Anticipated Capital Expenditures by ~34%Oklahoma City Manufacturing Facility Designated as Foreign Trade Zone ("FTZ") Opening ...