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Canoo and the perils of high-risk innovation - Talk Business & Politics

Canoo and the perils of high-risk innovation - Talk Business & Politics
talkbusiness.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from talkbusiness.net Daily Mail and Mail on Sunday newspapers.

Electric vehicle maker Canoo posts $80 million quarterly loss

Electric vehicle maker Canoo Inc. has had its struggles over the past year but now is ready to move forward and focus on key milestones including scaling up production at its Oklahoma facilities, company Chief Executive Officer Tony Aquila said Thursday.

Canoo reports loss in 3Q, buy of plant in Oklahoma

Canoo, the electric-vehicle maker with operations in Bentonville and plans to place its headquarters there, reported a third-quarter loss Wednesday and said it has acquired a vehicle manufacturing facility in Oklahoma City.

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