The maker of the EV Canoe
CANOO INC
+29.13%
closure:0
opening:3.9
High:5
low:3.71
cycle:—
Page Quote News Graphs Company Profile Recommendations
More articles on the subject:
Rising in Wall Street trading, after signing a contract with the United States military to supply electric vehicles for analysis and demonstration. The same vehicles will help the United States combine flexible capabilities and adaptability in an operational and military environment.
Canoe CEO: “As an American company, it’s an honor to be elected by the U.S. military. This is another opportunity to demonstrate our unique, flexible, flexible technology for special environments.”
It is interesting to note that in addition to the Walmart deal announced two days ago, for the purchase of 4,500 vehicles, the company was selected by NASA to transport crew members and astronauts to the Artemis launch site for the lunar mission.
The giants seem to be very interested in the field: Amazon and Rivian vs. Wal-Mart and Canoe. but why? Email correspondence highlights the cheap operating benefits of electric vehicles as all major retailers and major shipping companies are playing in the electric vehicle field and giving further impetus to the emerging industry.
Recently, the startup company issued 48 million shares by diluting shareholders in anticipation of receiving up to $ 250 million in return. The company said it has orders for 17,500 vehicles, which are expected to bring in about $ 750 million.
Canoe, a small electric vehicle company worth $ 600 million, with no revenue in the past year and with a live business note, has fallen about 55 percent since the beginning of the year and 82 percent from an all-time high.
Comments on the article(0):
Your response has been received and will be published subject to system policies.
Thanks.
For a new response
Your response was not sent due to a communication problem, please try again.
Return to comment