Written by Cláudio Afonso | LinkedIn | X
U.S. electric vehicle startup Canoo has announced on Wednesday an agreement with the logistics company Go2 Delivery for the purchase of five commercial delivery vans with the agreement including the option of up to additional 85 vans.
Go2 Delivery will add to its fleet Canoo’s Class 1 Lifestyle Delivery Vehicle 130 (LDV130) and the vehicles will provide delivery services in Virginia and the Chesapeake Bay area.
Go2 Delivery provides same-day courier and last-mile delivery services to both B2B and B2C customers in the retail, healthcare, and e-commerce sectors.
The company is set to present a business update during an online event next week, on July 10, as promoted by the investment firm Force Family Office.
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As reported by EV earlier this month, the stock of U.S. electric vehicle startup Canoo joined last Friday the Russell 3000 Index. In early June, the stock appeared in the preliminary list of additions posted by FTSE Russell.
The company has recently announced it had entered into a $15 million Pre-Paid Advance Agreement (PPA) with YA II PN, Ltd., managed by Yorkville Advisors.
Last month the chief financial officer, Greg Ethridge, participated at the Sidoti Small Cap conference where he stated the company is “at the stage of production ramp”.
The CFO said that Canoo will, “overtime”, set up “manufacturing in international locations” besides its manufacturing plant in Oklahoma, United States.
Written by Cláudio Afonso | LinkedIn | X
