FTZ activation insulates Canoo from import tariffs and allows for deferments and exemptions as the company expands its global presence The approval of Canoo's FTZ allows other vendors and partners to ...

Electric-vehicle maker Canoo said Monday it has acquired manufacturing equipment from Arrival Automotive UK Limited. The deal covers "a substantial portion" of "advanced manufacturing assets" at a ...

"At Canoo we are focused on bringing EV's to the heartland and beyond. We are unreasonable in our approach to American innovation in helping lead the world to a zero-carbon future," said Tony Aquila, ...

Good morning! It's Monday, December 26, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you ...

Walmart Inc.'s deal backing an electric-vehicle startup has some strings, including a provision preventing sales to rival Amazon. Walmart's agreement to purchase as many as 10,000 battery-powered vans ...

Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO as the company struggles to stay afloat amid capital shortages. The company spent $1 ...

Drones, driverless trucks and zippy little cargo pods could all feature as part of Walmart's future delivery services, and a new agreement with EV outfit Canoo brings another next-gen vehicle into the ...

Canoo’s Oklahoma plant, which the company opened last April, occupies close to 500,000 square feet, with the ability to expand, and can employ over 500 people at capacity! Canoo recently added to the ...