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NEW YORK and LOS ANGELES, Dec. 21, 2020 /PRNewswire/ Canoo Holdings Ltd. ( Canoo ), a company developing breakthrough electric vehicles ( EV ) with a proprietary and highly versatile EV platform for personal and business use, and Hennessy Capital Acquisition Corp. IV ( HCAC ) (NASDAQ: HCAC, HCACW), a special purpose acquisition company, announced today the completion of their business combination (the Business Combination ). The Business Combination was approved by HCAC stockholders at a special meeting held on December 21, 2020. Beginning on December 22, 2020, Canoo s common stock and warrants will trade on the Nasdaq Global Select Market under the ticker symbols GOEV and GOEVW, respectively.
Electric vehicle startup Canoo unveils futuristic delivery van
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Dec. 18 (UPI) Electric automaker startup Canoo has unveiled its second electric vehicle a futuristic-looking delivery ahead of its stock debut on Wall Street in a few days.
Canoo took the wraps off the van called the Multi-Purpose Delivery Vehicle, or MPDV on Thursday and said it will begin with limited production in 2022 and full-scale manufacture in 2023. The van has two variants, the MPDV1 and MPDV2.
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The automaker has been developing the van for years and says its electric power train is highly efficient compared with gasoline and diesel vans. Various battery options allow the van to go between about 100 and 300 miles on a single charge, the company says.
Canoo MPDV Courtesy of Canoo
Thursday morning, electric-vehicle start-up Canoo revealed a new vehicle. The vehicle can do a lot and is priced attractively. Investors, however, aren’t impressed, although it isn’t clear why.
Canoo’s so-called multipurpose delivery vehicle features front storage, toolboxes, a rear jump seat, moving dolly, adjustable shelving, a loading ramp, various rear door options, a canopy for truck-based small businesses, a generator, lockers, and a flat floor for loading without interference from wheel wells.
That’s a lot of options. And optionality is the core message the company wants to deliver. Canoo’s multipurpose vehicle comes highly customized in multiple sizes for multiple applications.
The Canoo all-electric multi-purpose delivery vehicle is seen in an artist s rendering.
DETROIT Electric vehicle startup Canoo, which is going public through a reverse merger with a special-purpose acquisition company, revealed Thursday its second scheduled vehicle, a delivery van, and laid out plans to add a pickup truck and build microfactories.
Canoo said it will offer two size variants on the delivery vehicle, which will carry a starting price of about $33,000. It will launch the vehicle in limited numbers in late 2022 with wider distribution in 2023. The multipurpose delivery platform is not just about delivering goods, it s about delivering use cases on top of it, Canoo Executive Chairman Tony Aquila said in an interview.