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Canoo
Canoo is an American automotive startup based in Torrance, California, that develops and manufactures electric vehicles. It plans to sell a lifestyle vehicle by 2022. Canoo's research & development team is based in the Detroit region (Auburn Hills, Livonia) while production operations are in Justin, Texas and at its main manufacturing plant in Pryor, Oklahoma. The company also plans to produce commercial electric vehicles such as vans for vehicle rental and ride sharing services. In May 2022, it was reported that Canoo was struggling to find funding, the company saying that it had only enough funding to operate for one more quarter. History Canoo was founded in 2017 under the name Evelozcity by Stefan Krause and Ulrich Kranz. Krause worked for Deutsche Bank as its chief financial officer while Kranz worked for BMW as a senior executive. Both men met at rival EV company Faraday Future before leaving together to form their own company in 2017, due to disagreement with Fa ...
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Canoo Pickup Truck
Canoo is an American automotive startup based in Torrance, California, that develops and manufactures electric vehicles. It plans to sell a lifestyle vehicle by 2022. Canoo's research & development team is based in the Metro Detroit, Detroit region (Auburn Hills, Livonia) while production operations are in Justin, Texas and at its main manufacturing plant in Pryor, Oklahoma. The company also plans to produce commercial vehicle, commercial electric vehicles such as vans for vehicle rental and ride sharing services. In May 2022, it was reported that Canoo was struggling to find funding, the company saying that it had only enough funding to operate for one more quarter. History Canoo was founded in 2017 under the name Evelozcity by Stefan Krause and Ulrich Kranz. Krause worked for Deutsche Bank as its chief financial officer while Kranz worked for BMW as a senior executive. Both men met at rival EV company Faraday Future before leaving together to form their own company in 2017 ...
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Canoo MPDV
The Canoo Multi-Purpose Delivery Vehicle (MPDV for short) is a line of battery electric delivery vans produced by Canoo, the first of which was unveiled in December 2020. There are three planned models, the MPDV1 and the taller MPDV2, both sharing the same wheelbase and platform as the earlier Canoo Lifestyle Vehicle, and the MPDV3, which will use an enlarged version of the same platform. History Canoo announced it had developed the Multi-Purpose Delivery Vehicle in December 2020; although ostensibly designed as a work van to haul cargo, Canoo also touted the potential customization possibilities of the slab-sided vehicle. The price is expected to be comparable with conventional work vans powered by internal combustion engines. Preorders opened in January 2021. Prior to the MPDV, Canoo first had announced the similarly-sized Canoo Lifestyle Vehicle for passengers in 2019, using the same Canoo Multi-Purpose Platform. The Lifestyle Delivery Vehicle (LDV) is a cargo-specific var ...
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Tony Aquila
Tony Aquila, is an American businessman, investor and serial entrepreneur. He is the current CEO and chairman of Canoo Technologies, Inc., founder and former chairman and CEO of Solera Holdings, a technology company that provides risk and asset management software and services to the automotive industry, as well as the property and casualty insurance industry. Aquila was also chairman of Sportradar, a provider of sports data intelligence between February 2019 and July 2020. Prior to founding Solera, Aquila served in executive positions with Mitchell International, Inc., Ensera, Inc. and MaxMeyer." Early life Aquila was born in Richmond, California to an immigrant and military family. After dropping out of high school, Aquila worked at his uncle's body shop sweeping floors and replacing windshields. Business career Canoo Technologies, Inc. Tony Aquila was an initial investor in Canoo, before becoming a member of the Board. He was named Board Chair in October, 2020, an ...
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Canoo Lifestyle Vehicle
The Canoo Lifestyle Vehicle is a battery electric minivan announced by Canoo. Four models have been announced, with range estimates of 400 kilometers (250 mi) and an estimated 0–100 km/h (0–62 mph) time of 6.3 seconds. The base price of the vehicle is announced to be US$34,750. Production of the Lifestyle Vehicle is stated to begin in late 2022. Design The Canoo Lifestyle Vehicle will be available in four trims. The Delivery trim, priced US$34,750, would offer two seats and 1464 lbs (664 kg) of cargo capacity. The Base trim would be able to sit 5 persons. The Premium trim, priced $49,950, would offer 7 seats with two additional seats mounted longitudinally on the rear doors, a glass roof, a front street view window, a 17 speakers audio system, ambient lighting and an ultraviolet air purifying system. The Adventure trim would add an exclusive paint color, a tow hitch and roof rack. Specifications The Canoo Lifestyle Vehicle (LV) would be built on a ...
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Li Pak-tam
Li Pak-tam, also known as Li Botan, is a Chinese businessman and socialite. He is one of the three primary backers of the American electric car startup Canoo which was spun off from Faraday Future. Family and personal life He is married to Jia Qiang. This makes him the son-in-law of Jia Qinglin a top Chinese Communist Party official who was the fourth most powerful man in China before his retirement in 2013. Li has a daughter named Jasmine Li (Li Zidan). Both Li Pak-tam and Jasmine Li hold Hong Kong residence cards. Career Li Pak-tam is the founder and former chairman of the board of Beijing Zhaode Investment Co and has also started a number of companies in Hong Kong. In 2016 Pak-tam was implicated in the Panama Papers leak. The documents revealed that he was the owner of a firm named Fung Shing Development Ltd which had been set up in the British Virgin Islands, a tax haven. His daughter Jasmine was also named in the Panama Papers, her shell company Harvest Sun Trading Ltd sha ...
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Apple Titan
The Apple electric car project (codenamed "Titan") is an electric car project undergoing research and development by Apple Inc. Apple has yet to openly discuss any of its self-driving research, but around 5,000 employees were reported to be working on the project . In May 2018, Apple reportedly partnered with Volkswagen to produce an autonomous employee shuttle van based on the T6 Transporter commercial vehicle platform. In August 2018, the BBC reported that Apple had 66 road-registered driverless cars, with 111 drivers registered to operate those cars. In 2020, it is believed that Apple is still working on self driving related hardware, software and service as a potential product, instead of actual Apple-branded cars. In December 2020, Reuters reported that Apple was planning on a possible launch date of 2024, but analyst Ming-Chi Kuo claimed it would not be launched before 2025 and might not be launched until 2028 or later. History 2014–2015 The project was rumored to ...
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Pryor, Oklahoma
Pryor Creek or Pryor''Oklahoma Atlas & Gazeteer,'' DeLorme, 1st Edition, 1998, p. 36 is a city in and county seat of Mayes County, Oklahoma, United States. The population was 8,659 at the 2000 census and 9,539 in the 2010 census. Originally named ''Coo-Y-Yah'', Cherokee for "place of the huckleberries", it was renamed Pryor Creek in 1887 which was the name of the local railroad station, which in turn was named for the nearby creek. Due to confusion in distinguishing handwritten mailing addresses to Pryor Creek and Pond Creek, the U.S. Postal Service name for the city was shortened to Pryor, and both names are in common usage. History In the early 1800s, treaties with the Cherokee, Osage, and Choctaw gave the tribes allotments in Indian Territory in the region that would become Oklahoma.
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Faraday Future
Faraday Future is an American start-up technology company focused on the development of electric vehicles, founded in 2014. History Founding Faraday Future was founded by Chinese businessman Jia Yueting in April 2014 and is headquartered in Los Angeles, California, in the Harbor Gateway neighborhood adjacent to Carson, California. From its inception in 2014, the company grew to 1000 employees by January 2016. The company is named for a founding principle of electric motor technology known as Faraday's law of induction, which in turn is named after English scientist Michael Faraday who discovered electromagnetic induction. Factory plans Faraday Future announced in November 2015 that it would invest up to $1 billion in its first manufacturing facility. In December 2015, Faraday Future settled on a location in North Las Vegas for its manufacturing site, to be built by AECOM for $500 million. Construction began in April 2016 on infrastructure which Nevada agreed to build, but ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Hyundai Motor Company
Hyundai Motor Company, often abbreviated to Hyundai Motors ( ) and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marques including its luxury cars subsidiary, Genesis Motor, and an electric vehicle sub-brand, Ioniq. Those three brands altogether comprise the Hyundai Motor Group. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. History Chung Ju-Yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was relea ...
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Kia Motors
Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Etymology According to the company, the name "Kia" derives from the Sino-Korean characters (, 'to arise') and (, which stands for 亞細亞, meaning 'Asia'); it is roughly translated as "Rising from (East) Asia." History Origins and early expansion Kia was founded on June 9, 1944, as Kyungsung Precision Industry, a manufacturer of steel tubi ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic trade ...
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