Monday, November 22, 2021

Canoo Flees LA To Arkansas

Electric vehicle maker Canoo--which is still very early in producing its own version of an electric car--said late last week that it is moving its headquarters and manufacturing to Bentonville, Arkansas. The publicly listed company hit the public markets in late 2020 via a special purpose acquisition company (SPAC). The company has shown off a number of renderings of potential, high tech vehicles, but does not plan to bring any vehicles to market before Q4 of 2022.