Canoo Gets Another, 3,000 Unit Order — With More to Come!
Search
Close this search box.
ADVERTISEMENT
AUTO

Canoo Gets Another Huge, 3,000 Unit Order

Zeeba Signs Binding Agreement to Purchase 3,000 Canoo Electric Vehicles

It’s a good week for fans (read: investors) of EV startup Canoo. They just got another massive order for their electric vans!

Fleet lease firm Zeeba has signed an Agreement to purchase 5,450 of Canoo’s American-made electric vans with an initial binding commitment to purchase 3,000 of the EVs through 2024.

“We have a large committed, growing order book, are finalizing our multi-year allocations for 2023 customer deliveries and will share our manufacturing plan with the broader market shortly,” said Tony Aquila, Chairman & CEO at Canoo. “This order is another milestone validating our product and strategy. Small & medium sized business (SMB) are the backbone of our communities, employing about half of all working Americans1 and they are Zeeba’s target customers. We put technology first and combined class leading ergonomics, a small vehicle footprint-to-cargo ratio and platform versatility while achieving a lower carbon footprint and higher return on investment for the operator, all of which will help SMBs compete.”

Zeeba Keeps Good Company

Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries in Support of Its Growing eCommerce Business

Zeeba is the latest highly-visible company to take Canoo up on its offer of a full-size electric van. So far this year, no less than Walmart, the US Army, and NASA have put in orders with the startup EV brand, with Walmart actually investing in the company to the tune of 61,160,011 shares of fully paid and non-assessable shares of Canoo common stock at a share price of $2.15. (!)

For their part, the Canoo team seems eager to start delivering product — and its customers seem excited to be getting them! “We are thrilled to be able to deliver Canoo vehicles to our customers in the near future,” said Kayvon Marashi, Chief Executive Officer for Zeeba Automotive Group, Inc. “We are focused on offering the most advanced fleet solutions and have recognized Canoo’s vehicles as leaders in technology driven sustainable mobility. We also wanted to secure EV vehicle supply for years to come.”

SOURCE | IMAGES: CANOO, VIA PR NEWSWIRE.

FTC: We use income-earning auto affiliate links. Learn more.

AUTHOR: 

JO BORRAS

Leave a Reply

Your email address will not be published. Required fields are marked *

Stay updated on the latest electric vehicle news, insights, and offers. Get our newsletter!

Share ARTICLE

Ford Mustang Mach-E and Tesla Model Y Best Electric SUV Review - Electrify Reviewed main YouTube

Ford Mustang Mach-E vs. Tesla Model Y: A Deep Dive into the Best Electric SUV

Rivian R1T vs. Ford F-150 Lightning Review Comparing the Best Electric Pickup Trucks Electrify Reviewed

Rivian R1T vs. Ford F-150 Lightning Review: Comparing the Best Electric Pickup Trucks

Trending

Buy Your Next Hyundai Directly Through Amazon Autos

Amazon Checkmates Car Dealerships

Guide to the cheapest used electric car - Volvo

Your Guide to the Cheapest Used Electric Car

Electrify Expo Long Beach Tesla Cybertruck

Everything We Know About Tesla Model Q and Its Launch Plans

ADVERTISEMENT
BLUETTI AC200max banner
A8 Pro Max Dual Motor
Men's EVRYjourney Black 500W
Back to School Sale @PriorityTire | $15 OFF on orders of $150+ (Code: BACK24)