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Canoo
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Short description

Developer of electric vehicles and an electric vehicle platform

Founded in 2017
Founded in

Company type Bankrupt Public (CNOO)
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Los Angeles, CA Los Angeles, United States
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Updated by Henry Smith at on 09/23/2020

Edited by Cleantech Group on 02/03/2025

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Date Company
07/12/2022

Walmart Walmart

Walmart will purchase 4,500 all-electric delivery vans built on Canoo's Lifestyle Delivery Vehicle (LDV) platform, with an option to purchase up to 10,000 vans.

Confirmed by Walmart
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Partnerships
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Date Partner Type
02/11/2020
Hyundai Motor Hyundai Motor
Hyundai and Canoo partner to develop an all-electric production-ready platform based on Canoo's skateboard.
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Confirmed by Hyundai Motor
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Investment Rounds
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IPO INFORMATION

Date

12/21/2020

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

CNOO

Exchange listed

NASDAQ

Prospectus URL

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Description

Canoo plans to go public through Special Purpose Acquisition Company (SPAC) Hennessy Capital Acquisition Corporation.

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Date Investors Type Amount
10/02/2023 (0)
Post-money valuation of
Investors undisclosed.
 Follow-on Public Offering $45,000,000
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