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Canoo Inc - GOEV STOCK NEWS

Welcome to our dedicated news page for Canoo (Ticker: GOEV), a resource for investors and traders seeking the latest updates and insights on Canoo.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Canoo's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Canoo's position in the market.

News
Canoo Appoints Former NASA Chief Technology Officer Deborah Diaz and Veteran EV Transportation Leader James Chen to Board of Directors
Rhea-AI Summary
Canoo Inc. (NASDAQ: GOEV) appoints two leaders in electric mobility, public policy, clean energy, technology, and cybersecurity to its Board of Directors, aiming to achieve strategic growth objectives and increase market penetration. Deborah Diaz and James Chen bring extensive experience in government, corporate leadership, technology governance, cybersecurity, and regulatory matters to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
management
-
News
Canoo Successfully Expands Zeeba’s Fleet with Electric Vehicles
Rhea-AI Summary
Canoo Inc. (NASDAQ: GOEV) has entered into a binding agreement with Zeeba, a national fleet management company, to add 3,000 Lifestyle Delivery Vehicle (LDV) electric vehicles to its fleet. This is part of an existing agreement that awarded a total of 5,450 electric vehicles to Zeeba. The partnership signifies a major step forward in the electrification of commercial fleets across the United States. Zeeba has experienced impressive revenue growth and has a large backlog of clients waiting for Canoo vehicles, with over 1,000 clients already on the waiting list. Canoo's CEO, Tony Aquila, and Zeeba's CEO, Kayvon Marashi, both expressed excitement about the partnership and the potential for Canoo's EVs to meet the increasing demand for sustainable transportation options in the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.33%
Tags
none
-
News
Canoo Reaches Agreement with U.S. Postal Service for Purchase of Electric Vehicles
Rhea-AI Summary
Canoo Inc. (NASDAQ: GOEV) announces the U.S. Postal Service's purchase of six battery-electric Canoo vehicles, part of USPS's $40 billion investment strategy to modernize its delivery fleet. The vehicles will leverage Canoo's patented technologies for enhanced functionality, safety, and ergonomics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.89%
Tags
none
News
Canoo Delivered Electric Vehicles to Kingbee
Rhea-AI Summary
Canoo Inc. (NASDAQ: GOEV) has announced a binding order from Kingbee, a national van provider, for 9,300 Canoo LDV 130 vehicles, with an option to increase to 18,600 vehicles. The delivery is part of a phased ramp-up manufacturing approach in Oklahoma City, with additional customer deliveries scheduled through 2024. The vehicles are engineered for service workers, optimized for safety, reliability, and comfort, providing a competitive edge for commercial fleet companies. Kingbee will upfit, custom wrap, and deliver Canoo vehicles as work-ready fleet solutions for companies across the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
none
-
News
Canoo Created Over 100 Jobs in State of Oklahoma to Scale Electric Vehicle Manufacturing
Rhea-AI Summary
Canoo Inc. (NASDAQ: GOEV) has announced the creation of over 100 new jobs in Oklahoma, representing 20% of its total workforce. The company is scaling manufacturing to meet customer deliveries of 18,000 committed orders, totaling $750 million in revenue over multiple years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
Tags
none
-
News
Canoo Acquires Manufacturing Assets to Increase Vehicle Assembly Capacity
Rhea-AI Summary
Canoo Inc. (NASDAQ: GOEV) announces the purchase of manufacturing assets at a discounted price of over 80 percent of estimated value, aiming to scale production at its Oklahoma City facility and reduce capital expenditures in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.88%
Tags
acquisition
News
Canoo Contracts with Prime Time Shuttle for Up to 550 Electric Vehicles
Rhea-AI Summary
Canoo Inc. (Nasdaq: GOEV) announces a contract with Prime Time Shuttle to purchase up to 550 electric vehicles over multiple years, enhancing its sustainable fleet for luxury and airport transportation services in the Los Angeles metropolitan area. Prime Time Shuttle, a pioneer in the niche, aims to provide differentiated experiences to its clients by integrating Canoo's Lifestyle Vehicle (LV) Premium model vehicles into its operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.41%
Tags
none
-
News
Canoo Inc. Announces Third Quarter 2023 Results
Rhea-AI Summary
Canoo Inc. (Nasdaq: GOEV) announced its financial results for the third quarter of 2023, highlighting its manufacturing and revenue-generation phase. The company is achieving success in product development and real-world testing, aiming for 20,000 annual unit capacity. Key financial highlights include cash and cash equivalents of $8.3 million, a GAAP net loss of $(112.0) million, and adjusted EBITDA of $(40.4) million for the third quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
earnings
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News
Canoo Delivering First Made in Oklahoma Electric Vehicles to State Government
Rhea-AI Summary
Canoo Inc. (Nasdaq: GOEV) Milestone: Delivering First Batch of Made in Oklahoma Electric Vehicles, Marking the Start of Phased-Ramp Manufacturing. Company to Create 1,300 Jobs and Partner with State of Oklahoma to Provide Service to Oklahomans. Canoo LDVs Set New Standard for Mobility and Efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.27%
Tags
none
News
Canoo Unveils the American Bulldog
Rhea-AI Summary
Canoo Inc. (Nasdaq: GOEV) introduces the American Bulldog, a high-tech vehicle that sets a new mobility standard. The vehicle reflects the grit and resolve of the American people, emphasizing minimalism with maximum functionality for work, adventure, and service. Canoo's Executive Chairman and CEO, Tony Aquila, highlights the vehicle's loyalty and courage, stating it embodies the American spirit and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.41%
Tags
none
Stock GOEV logo
Canoo Inc

Nasdaq:GOEV

GOEV Rankings

#3819 Ranked by Market Cap
#5327 Ranked by Stock Gains
N/A Ranked by Dividends

GOEV Stock Data

154.74M
58.45M
2.31%
11.2%
17.16%
Motor Vehicle Electrical and Electronic Equipment Manufacturing
Manufacturing
Link
US
Torrance

About GOEV

canoo’s mission is to bring evs to everyone.unlike anything on the road today, canoo has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans all owners in the full lifecycle of the vehicle.