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Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers business-to-business (B2B) delivery vehicles, lifestyle vehicles, and sport vehicles using skateboard architecture technology. It intends to serve small businesses, independent contractors, service technicians, retailers, large corporations, logistics companies, fleet managers, and others. The company was founded in 2017 and is headquartered in Torrance, California.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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