EV startup
Canoo to build
subscription-only
mobility model
Los Angeles-based Canoo
(formerly Evelozcity), plans to
make EVs available via a sub-
scription-based model.
Canoo hopes to offer four
EVs in select cities by sub-
scription only. In an effort to
reduce design and production
costs, it plans to use a single
standardized EV platform. The
company also says it will re-
place the traditional three-box
car design, which has separate
compartments for the engine,
passengers and luggage, with a
design that maximizes interior
space.
Canoo also announced a
handful of new hires, including
Clemens Schmitz-Justen, for-
mer President of BMW Man-
ufacturing, and Olivier Belllin,
formerly of STMicroelectronics,
a Swiss manufacturer of semi-
conductors.
The company plans to launch
its first vehicle in the US in
2021, followed by a model for
China.
You barely hear it coming, and it leaves virtually nothing behind.
The electric vehicle may just change everything – bringing with
it the promise of smart, economical transportation while leaving
virtually no impact on our environment. At BorgWarner, we’re
proud to be part of this exciting movement, developing new
technologies for electric vehicles along with other innovative
automotive propulsion systems. And leading the way to a
cleaner, more energy-efficient world.It may be the quietest
revolution in history.