Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
TechCrunch LA
APRIL 23, 2019
Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo plans to use blockchain technology to secure its subscription services and ensure an asset light approach to development by outsourcing its manufacturing in the U.S.
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