Electrical vehicle company Canoo to move its HQ from California to North Texas

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Canoo, an electrical vehicle company, is moving its headquarters to North Texas.The company included the relocation news as part of its second quarter results, ...

The company is closing its office in Southern California and moving to Justin, about 30 minutes north of Fort Worth.The Canoo Pickup Truck on Thursday, June 17, 2021, at Texas Motor Speedway in Fort Worth. The company included the relocation news as part of its second quarter results, announcing that it would be moving its operations to its existing facilities in Justin, a town about 30 minutes north of Fort Worth.and added that the company’s leadership has been located in Justin since 2021.

This year, the company expanded into Saudi Arabia with the sale of 20 electric vehicles to a paint manufacturer there. They also recently inked a deal with the U.S. Postal Service and delivered their first vehicles to rental van provider Kingbee.as they targeted the national retailer. That move eventually fell through, but Canoo signed an agreement for at least 4,500 vehicles to Walmart in 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in CA

Canada Canada Latest News, Canada Canada Headlines