Why Shares of Canoo Are Rocketing Higher Today
After two years, the company is finally replacing the interim CFO.
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After two years, the company is finally replacing the interim CFO.
/PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today named Ken Manget, Chief Financial Officer. Reporting directly to Canoo...
Canoo hopes the new facility will help it ramp production and get EVs to market in 2023. The company is still burning cash in Q3.
The push for the use of electric vehicles in the US is ramping up. Especially in California as the state just put a ban on gas-burning cars by 2035. T
Canoo closed out the quarter with more than $1B in its EV sales pipeline. This is largely attributable to a recent deal with Walmart to purchase 4,500 units.