Paddling the "Canoo" Lower cost electric cars and trucks... starting in 2023?

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Paddling the "Canoo" Lower cost electric cars and trucks... starting in 2023?

posted on Aug 26, 2020 03:38PM

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"Canoo is also shaking up the dealership model, having customers instead download an app that serves as a point of control. The company says the app manages maintenance, public battery charging and access to insurance, “liberating you from the tyranny of auto ownership.” The subscription model should enable Canoo to be less dependent on new vehicle sales and be “asset light” by leveraging the lessons of larger companies and auto subscription experts.

It’s also important to note that the consumer vehicles were designed specifically for a subscription model. The vehicles are not only made of extra-durable materials but also only come in one color and one trim, greatly minimizing production expenses. Other companies like Tesla simply aren’t configured optimally for a subscription model.

Even before the first cars are delivered, Canoo has found another way to generate revenue. In a strong vote of confidence in Canoo’s technology, South Korean auto giant Hyundai is paying the company for “engineering services” to use the skateboard for a range of lower-cost electric cars and trucks. Canoo will work with Hyundai and subsidiary Kia to modify the skateboard that integrates the battery pack, motors and other key components."

Canoo is also shaking up the dealership model, having customers instead download an app that serves as a point of control. The company says the app manages maintenance, public battery charging and access to insurance, “liberating you from the tyranny of auto ownership.” The subscription model should enable Canoo to be less dependent on new vehicle sales and be “asset light” by leveraging the lessons of larger companies and auto subscription experts.

It’s also important to note that the consumer vehicles were designed specifically for a subscription model. The vehicles are not only made of extra-durable materials but also only come in one color and one trim, greatly minimizing production expenses. Other companies like Tesla simply aren’t configured optimally for a subscription model.

Even before the first cars are delivered, Canoo has found another way to generate revenue. In a strong vote of confidence in Canoo’s technology, South Korean auto giant Hyundai is paying the company for “engineering services” to use the skateboard for a range of lower-cost electric cars and trucks. Canoo will work with Hyundai and subsidiary Kia to modify the skateboard that integrates the battery pack, motors and other key components.