Autos

Shares of EV start-up Canoo surge as much as 14% on new electric pickup truck

0


EV start-up Canoo unveiled its electric pickup on March 11, 2021.

Canoo

Shares of electric vehicle start-up Canoo jumped by as much as 14% during intraday trading Thursday after the automaker detailed plans for a new bubbly looking pickup truck.

The unnamed vehicle features a rounded, snub-nosed front end with similar lighting and design elements to an electric van the company announced last year. Canoo said it designed the pickup “to be the most cab-forward and space efficient on the market, with massive cargo capacity on the smallest footprint possible.” Auto website Jalopnik compared the design to a retro Volkswagen van or pickup from the 1950s.

Canoo, which went public through a reverse…



Source cnbc.com

Time running out for nuclear diplomacy with Iran: former U.S. official

Previous article

Warren Buffett’s net worth surpasses $100 billion for the first time as Berkshire shares hit record

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Autos