Canoo moves to Walmart’s hometown
The Verge
NOVEMBER 15, 2021
Canoo CEO Tony Aquila said it will use the Arkansas facility to make “vehicles for unique use cases” and accelerate its pre-production testing program. Canoo said Monday that it lost $81 million in the third quarter of 2021, and has $414 million in the bank. He has also grown the startup to around 800 employees.
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