It's a story Charles Dickens could write, were he alive today. He might call it "A Tale Of Two Delivery Services." One, called United Parcel Service, is staking its future on electric vans manufactured by Arrival. The other, called the United States Postal Service, is firmly committed to last century technology and gasoline-powered vehicles.
A look at the shareholders of Canoo Inc. ( NASDAQ:GOEV) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. I generally like to see some degree of insider ownership, even if only a little.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So before you buy or sell Canoo Inc.
Vineeth Joel Patel Mar 21, 2021 7:45 AM WST Author: Vineeth Joel Patel Everyone may be focusing on SUVs, but electric pickup trucks are shaping up to be the next big thing for automakers. GMC, Tesla, Ford, Rivian, Chevrolet, Lordstown, Bollinger, and Nikola are all set to enter the electric pickup scene shortly.
Dozens upon dozens of electric cars are set to flood the market in coming years. New EVs are coming from startups like Lucid, Rivian, and Canoo, along with legacy OEMs like Ford. By 2023, everything from supercars to offroad pickups will have a battery-powered option. See more stories on Insider's business page.
Earlier this month, we published a story about the Canoo pickup truck that is now available for pre-order. There's a boatload of creative thinking going on at Canoo and it has to do with more than batteries and electric motors.
Welcome to our weekly round-up of the biggest breaking stories on Driving.ca from this past week. Get caught up and ready to get on with the weekend, because it's hard keeping pace in a digital traffic jam. Here's what you missed while you were away.
Earlier this month, we published a story about the Canoo pickup truck that is now available for pre-order. There's a boatload of creative thinking going on at Canoo and it has to do with more than batteries and electric motors.
Bird Rides Inc. is betting big on Europe. The Silicon Beach e-scooter company announced this week plans to invest $150 million to expand to 50 new cities on the continent this year.
News of Canoo Inc.'s first pickup truck leaked ahead of a scheduled March 11 announcement during the Motor Press Guild's Virtual Media Day event, but investors clearly liked what they saw in the sneak peek. Shares of the Torrance-based designer of electric vehicles rose about 10% after the early reveal, boosting Canoo to a market value of $3.5 billion.
LOS ANGELES, March 15, 2021 /PRNewswire/ -- (Nasdaq: GOEV), a company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, has named Claudia Romo Edelman and Arthur Kingsbury to the Board of Directors, effective immediately.
Two big things happened for electric vehicle (EV) maker Canoo (NASDAQ:) this past week. The big question is whether this represents the beginning of a GOEV stock revival that takes it into the $20s and beyond. In early January, Jim Cramer argued that GOEV was a good buy around $12.
There's another new electric truck on the horizon, the oddly named Canoo. formerly known as Evelozcity, Canoo is an American manufacturer headquartered in Torrance, California. While specs and pricing weren't announced, the start-up announced it will debut its trucks in 2023. The trucks will be offered with single-motor and dual-motor all-wheel-drive options.
In spite of the challenging times, the efforts of the global healthcare system are gradually reporting progress in the fight against COVID-19. Most folks who have been holding back for quite some time are already planning for their next excursion. International travel is still not back up on its feet just yet.
But fun is even better for investors when it's fun and profit. In the case of GOEV stock, a strong case needs to be made one way or the other because the EV sector is nothing if not wildly speculative.
Promising EV startup Canoo is making headlines again. The last time we featured it, the brand was showing off its promising MPDV (multi-purpose delivery vehicle). Now, it has revealed its new electric pickup, and boy, is it something else. It looks as quirky as Canoo's previous offerings.
Canoo is an electric automaker start-up with a reputation for producing cars with a unique aesthetic. It certainly lived up to that reputation with the unveiling of its new electric pickup truck on Thursday. The new pickup, which will begin preorders in the second quarter of 2021 before hitting the market in 2023, features a flat front with an almost bubble-like windshield.
Which electric SUV arriving later this year makes an “awesome car-camping setup,” according to the company’s CEO? Owners of which electric vehicle will soon get new battery packs in the U.S. and elsewhere? This is our look back at the Week In Reverse-right here at Green Car Reports-for the week ending March 12, 2021.
Shares of electric vehicle start-up Canoo jumped by as much as 14% during intraday trading Thursday after the automaker detailed plans for a new bubbly looking pickup truck. The unnamed vehicle features a rounded, snub-nosed front end with similar lighting and design elements to an electric van the company announced last year.
Canoo, an electric vehicle startup, just unveiled its first pickup truck model. The company hopes to start delivering the truck in 2023.