Is CANOO the next big thing ?
Updated
Hyundai motor was in early-stage talks with Apple about potentially working together to develop an electric car. - Report CNBC
So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023.
If all goes well, I reckon CANOO will keep climbing to beyond $50.
Catalyst/Source:
- theverge.com/2021/1/12/22225026/apple-canoo-acquisition-investment-electric-car-goev
- cnbc.com/2021/01/08/hyundai-motor-says-it-is-in-early-talks-with-apple.html
- hyundainews.com/en-us/releases/2982
- Joe Biden signs executive orders to cut US oil, gas, and coal emissions
So what's the connection with Canoo? Canoo and Hyundai announced a partnership last year to develop an EV platform, which would likely use Canoo's proprietary "skateboard" platform architecture. Canoo said availability would begin in 2022, with scaled production and launch planned for 2023.
If all goes well, I reckon CANOO will keep climbing to beyond $50.
Catalyst/Source:
- theverge.com/2021/1/12/22225026/apple-canoo-acquisition-investment-electric-car-goev
- cnbc.com/2021/01/08/hyundai-motor-says-it-is-in-early-talks-with-apple.html
- hyundainews.com/en-us/releases/2982
- Joe Biden signs executive orders to cut US oil, gas, and coal emissions
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