EV startup Canoo appears to be gathering momentum ahead of its second quarter 2024 earnings call. On July 3 the EV fleet manufacturer announced Go2 Delivery is buying five EV delivery vans with an option to buy 85 more.
Go2 Delivery will be using Canoo’s Lifestyle Delivery Vehicle 130 (LDV130) for healthcare deliveries in Virginia and the Chesapeake Bay area. Go2 Delivery says it is a carbon-free courier company committed to sustainable practices and the restoration of the local Chesapeake Bay ecosystem.
Meanwhile, there have been numerous sightings around Atlanta of Canoo’s postal delivery vans. Canoo has delivered six of its LDV190 EV vans to the U.S. Postal Service where they are now being used at the South Atlanta Sorting and Delivery Center to deliver the mail.
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Canoo says the LDV190 has a 79-kWh battery that provides over 200 miles of range with a peak DC charging speed of 150 kW. The company says the vans charge from 20 to 80 percent in 32 minutes.
The EV manufacturer says it’s finally starting its production ramp at its Oklahoma City plant, taking delivery of 44 containers with assembly robots in June.
That news comes as Canoo joins the Russell 3000 stock index. The Russell 3000 Index measures the performance of the 3,000 largest publicly traded companies in the U.S. by market capitalization.
June also marked Canoo Chief Financial Officer Greg Ethridge taking part in a round of investor conferences where he discussed the company’s ambitions to enter international markets. A portion of Ethridge’s comments from an investor call are in the video at the top of this post.
Among the markets Canoo is interested in is Saudi Arabia where Canoo announced its EVs will be used in a pilot program by Red Sea Global. Canoo says Red Sea will be using its Lifestyle Vehicle, LDV 190 and Bulldog pick up truck to travel between Sea Global’s international airport and its various resorts.
The company also showed off its EVs in June in the United Kingdom at the Millbrook Proving Grounds. Because Canoo uses a drive-by-wire system it can easily pivot between left-and-right hand drive EVs.
The EV manufacturer was recognized in June with three Red Dot Design Awards. It’s LDV 190 won Best of the Best in the commercial vehicles category, while also being nominated for Red Dot’s Luminary award. Canoo’s Bulldog EV pickup also won a 2024 Red Dot Design Award.
The Red Dot Design Award is an international design competition recognizing excellence that’s been around since 1955.
Editorial Disclosure: The author of this post is a Canoo stockholder.