Watch Now


Canoo unveils electric delivery vehicle

Reveal comes five days before shareholder vote to take company public via reverse merger with Hennessy Capital

The Canoo all-electric, multi-purpose delivery vehicle (Photo: Canoo)

EV company Canoo unveiled on Thursday its electric “multipurpose” commercial vehicle to be priced starting at approximately $33,000. 

The reveal comes five days before a shareholder vote to take the company public via a $600 million reverse merger with special purpose acquisition company (SPAC) Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC).

Canoo’s electric vehicle, which can be used as a delivery van, will be offered in two initial sizes, with others to follow, the company said in a release. 

Limited availability will begin in 2022, with scaled production and launch planned for 2023.  Customers can preorder the vehicle for a refundable deposit of $100 per vehicle. 

Multiple use cases

Based in Los Angeles, Canoo is one of a handful of companies working on electric cargo vehicles, designed for the smaller packages and more frequent delivery routes that have come to define the e-commerce era.


Amazon (NASDAQ: AMZN) showed off its new model, custom built by Rivian, in October. In partnership with UPS (NYSE: UPS), UK startup Arrival also is developing an electrified last-mile delivery van.

Casting a wide net, Canoo targets not only last-mile delivery companies, but other businesses, independent contractors, utilities and service technicians. 

With its “multipurpose” offering, it plans to provide customers “best-in-class total cost of ownership, class-leading cargo volume, and functionally-designed features,” the release said.

Canoo’s electric vehicle platform allows for increased cargo volume on a small vehicle footprint. Specific features include high roof height, storage lockers, a roll-up style door and ramp slide outs.

Its roominess enables various workstations, with space for laptops or other devices to the left of the driver’s seat. A bidirectional onboard charger will transform the vehicle into a power source, to be used, potentially, for equipment and tools.

Looking beyond the initial vehicle, large customers, such as last-mile and package delivery fleets, retailers, major corporations and logistics companies, have the option to co-develop a custom vehicle with Canoo, the company said.

In good SPAC company

Canoo is the latest in a string of electric vehicle makers that have taken a SPAC route to public ownership. 

It follows battery-electric and fuel cell startup Nikola Corp. (NASDAQ: NKLA) and hybrid electric driveline producer Hyliion Holdings (NYSE: HYLN) among others.

Shareholders will vote on the merger Monday. The company will trade on Nasdaq under the ticker symbol GOEV.

12 Comments

  1. BERRY CASTLE

    Hello viewer am Kombe from Kenya 29 years old am here to share my testimony on how i joined the brotherhood of illuminati.. four months back when i wanted to join the brotherhood i was scammed by fake agents and people pretending to be Grand Master use the website.. until i met a friend MR BERRY CASTLE who gave me the genuine procedures i followed and made me a member of the great brotherhood of illuminati. today i am living a good life and i have enough money to do all i ever wanted .if u are interested and u need the help of my Initiator Berry. Call or Whats’App MR Berry Castle +1(779) 324-0633
    thanks Berry, am living the dream i will forever be grateful

  2. samson

    Good day, here comes an easy way to become a member of the world famous {Illuminati} brotherhood. For the working class, business men / women, artists, politicians who want to be bigger, more powerful and more influential in the world, join us in becoming one of our official members today. You will be given an ideal opportunity to visit the Illuminati circle after you complete the registration, no sacrifice or human life is needed, the Illuminati brotherhood brings protection, power, wealth and fame in life. You have full access to eradicate the poverty of your generation. Only an existing member of the Illuminati circle has the authority to introduce any member to the circle. So before contacting us, You must be 18 years or older and once you become a member you will be entitled to all benefits for the rest of your life. So if you are ready to become a member, sign up for the official Illuminati WhatsApp [+2348110562645] Email ([email protected]

  3. Neil Macfadyen

    Investment plan for project finance. We want you to know about that
    Inform investment program which lucrative projects to
    finance. When that happens you have an innovative idea for one
    Business or business project whose implementation is not funded
    please contact us for direct contact regarding possible
    Discuss partnership and determine if there is a common goal
    could be achieved. There are interests in the following areas.

    1. Agriculture – crop and animal production
    2. Food processing
    3. Import and export
    4. Mining
    5. Oil and gas
    6. Production
    7. Service sector
    8. Wholesale and retail
    9. IT and telecommunications.
    10. Transportation
    11. Medicine
    12. Electricity
    13. Education

    Contact information: [email protected]

  4. Anthony Victoria

    How to have your husband back home with your kids again

    I’m a lady with 2 kids i am from USA, my husband leave me and his 2 kids for about 10 months i go through a lot of pain i do all i could to make him returned to me and to his kids but nothing works out. it was really a stressful period to me because i could dint go through the heartbreak. i was told to get a love spell doctor contacted to help me out which i did i was lucky to get DR.PEPOKO Contact who was able to help me out, he cast up a love spell that brought back my husband to me and to his kids thanks so much DR. PEPOKO I really appreciate what you have done for me. here he his contact if you may required for it by solving your relationship email. [email protected] or you can call and whatssap him +2348156148821
    Here is also Dr. PEPOKO website you can visit it yourself http://www.pepokospiritemple.blogspot.com

  5. william scottty

    HOW THE ILLUMINATI BROTHERHOOD MADE ME ACHIEVE MY DREAMS IN LIFE BEWARE OF SCAMMERS.
    I want to tell the world the secret of wealth, you can become what you want to become in life, is just to do the right things and meet the right people who can help you to achieve your dreams in life, in any situation you are do not give up, because we are born to achieve our dreams in the earth, because we all will still leave the earth so we need to enjoy and be happy all time, i want you to know that the illuminati is to help you in any area you need help in life, joining the illuminati will bring you change of level in your life and good news, If you are poor or you have a family problems, or you want to be rich and famous in life you have to join the illuminati, so that you can be free in life and achieve all your dreams, joining the illuminati you will not share any human blood, because illuminati is an organization to help people how are in need of help, it is an organization that brings joy and happiness to once life, when you are totally initiated to the illuminati you will be given instant cash of $2,000,000.00 to settle all your outstanding, you have to know that it is free to join the illuminati because the illuminati is to help not to take money from who need help, if you are interested to join the illuminati and become successful in life you have to contact the illuminati official email: [email protected] or call/text or WhatsApp +1(859) 474 7408  on how to join the great illuminati, it is free to join the illuminati organization.

  6. Febe Anouk

    Effective love spell to get your ex lover, gay/lesbian partner, husband, wife back… Email Lord Zakuza via: lordzakuza7 @ gmail. com

  7. Anna peterson

    I’m so much happy because now I can at least afford to pay my bills and take good care of my family. All thanks to Mr Damian that has brought happiness back Into my life and I reinvested $1,000 to my greatest surprise I got my profit making $10,000 without any additional fees I’m grateful indeed Mr Damian platform accomplished my dreams without no stress and I got what I was expecting more than what I was suppose to have as my profit.
    For more information
    Contact him on his WhatsApp on +1 (657) 210 1293.

    I won’t force anyone to believe me but when you keep doubting you remain poor, ever since I started trading with Mr Damian Forex Trade, I no longer have issues paying my bills, I was able to earn $10,000 within 2week.

Comments are closed.

Linda Baker, Senior Environment and Technology Reporter

Linda Baker is a FreightWaves senior reporter based in Portland, Oregon. Her beat includes autonomous vehicles, the startup scene, clean trucking, and emissions regulations. Please send tips and story ideas to [email protected]