Canoo

Canoo, Inc. manufactures electric vehicles. It designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses. The company was founded in August 2018 and is headquartered in Torrance, CA.

Earnings data Q3 2023

Hennessy Capital Acquisition Corp. IV operates as a blank check company. It has no operations nor does it currently engage in any business activities generating revenues. The company was founded in August 2018 and is headquartered in Torrance, CA.

Under the Historic Agreement, Pawnee Tribal Officials and Canoo Will Work Together to Deploy Zero-Emission Vehicles and Promote Employment, Entrepreneurial Opportunities  PAWNEE, Okla. , Sept. 21, 2023 /PRNewswire/ -- Canoo Technologies (NASDAQ: GOEV) announced today that it has established an agreement with the Pawnee Nation, based in Pawnee, Oklahoma, to identify and nurture emerging business and job opportunities in Oklahoma's growing clean energy industry.

PAWNEE NATION AND CANOO PARTNER FOR CLEAN TECHNOLOGY JOBS AND GROWTH

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Change seems to be the only constant in the ever-evolving landscape of the automotive industry. The sector is undergoing unparalleled shifts.

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Canoo is struggling to ramp up production of its innovative vehicles.

Canoo Stock: Buy, Sell, or Hold?

Canoo came public via a SPAC merger in late 2020. The stock has headed lower in dramatic fashion since it went public.

5 Things to Know About Canoo Stock

A certain electric vehicle (EV) peer of the company experienced robust sales growth in China last month. That portends well for consumer and enterprise demand for all types of EVs.

Why Canoo Stock Bumped Higher on Tuesday

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The electric vehicle (EV) industry is going through major headwinds as demand slows and interest rates rise. Companies, including mainstream brands like Tesla and Ford have been forced to slash prices in a bid to boost demand.

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The electric vehicle market has gained a lot of traction in the past few years. This trend is due to a couple of reasons: one, governments worldwide have been pouring money into the industry, usually via subsidies, and two, consumers have begun shifting their preferences from carbon emissions vehicles.

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The company is hoping to get production ramped up to generate revenue.

Canoo Has Invested $1.5 Billion, and It's Not Done Yet

Canoo (NASDAQ: GOEV ) stock is getting a boost on Tuesday as investors react to the company naming its new Chief Financial Officer. Greg Ethridge is taking over as the next CFO of Canoo.

Can a New CFO Save Canoo (GOEV) Stock?

Wall Street is still overwhelmingly bullish on Canoo. Its average price target implies a near-400% gain from its current levels.

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Canoo just changed CFOs -- for the second time this year. The last time Canoo hired a new CFO, its stock jumped as well.

Why Canoo Stock Is Paddling Higher Today

The company settled a major issue that was a thorn in its side.

What's Going on With Canoo Stock?

Electric-vehicle startup Canoo on Monday named board member Greg Ethridge as its chief financial officer, succeeding Ken Manget.

EV startup Canoo names board member Greg Ethridge as CFO

JUSTIN, Texas , Aug. 28, 2023 /PRNewswire/ -- Canoo  (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has named current Board Member Greg Ethridge as Chief Financial Officer, succeeding Ken Manget.  Ethridge will report to Canoo Chairman and CEO, Tony Aquila.

Canoo Names Ethridge Chief Financial Officer

Management highlighted the strategic choice that lowers risk for itself and investors.

Canoo's Genius Strategy?

Canoo ended its fiscal 2023 second quarter with cash and equivalents of $5 million. This was set against cash outflows from operations of $62.3 million and guidance for at least $70 million in capital expenditure through its third and fourth quarters. The company has raised more funds but currently has a cash runway of around two quarters left.

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Canoo (NASDAQ: GOEV ) stock is a unique EV stock. A lifestyle vehicle company, Canoo produces vans which are partly retro and partly utilitarian, for a very specific buyer.

Don't Fall for It: Canoo Stock Is NOT Worth a Speculative Buy Right Now

Alliance Global Partners issued a buy rating for Canoo stock today. Alliance Global thinks Canoo stock could triple as production ramps up to fulfill more than 60,000 EV orders.

Why Canoo Stock Is Still Sinking

Canoo's second-quarter report actually arrived with a smaller-than-expected loss. But the company still has yet to generate any revenue, and its financials are shaky.

Why Canoo Stock Is Sinking This Week

Canoo's progress in developing and producing electric vehicles has been slow.

Should Investors Buy Canoo Stock on the Dip?

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Canoo reported a smaller-than-expected loss for Q2 2023. The company is still burning cash at a frightful rate -- but still finding people to lend it money.

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Canoo Inc. (NASDAQ:GOEV ) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Kunal Bhalla - Senior Vice President, Corporate Development and Capital Markets Tony Aquila - Investor, Chairman and Chief Executive Officer Ken Manget - Chief Financial Officer Ramesh Murthy - Chief Accounting Officer Conference Call Participants Amit Dayal - H.C. Wainwright Stephen Gengaro - Stifel Jaime Perez - R.F.

Canoo Inc. (GOEV) Q2 2023 Earnings Call Transcript

Electric-vehicle maker Canoo posted a smaller-than-expected quarterly loss on Monday on lower research and development costs, sending its shares up 2% in extended trading.

News for Canoo Stock (GOEV)