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Sep 30, 2021
Canoo Q3 2021 Earnings Report
Announced financial results for the third quarter of 2021.
Key Takeaways
Canoo announced its Q3 2021 financial results, highlighting the acceleration of advanced manufacturing production in the U.S. to begin before Q4 2022. They are targeting approximately $400 million in non-dilutive financial incentives and approximately $100 million in vehicle orders with states and universities.
Advanced manufacturing production in the U.S. is accelerating to begin before Q4 2022.
Pryor, Oklahoma was announced as the location for their owned manufacturing facility.
Partnership expanded to include Arkansas and additional locations in Oklahoma.
Targeting approximately $400 million in non-dilutive financial incentives.
Canoo
Canoo
Forward Guidance
Canoo expects to achieve certain business objectives in the future.