Canoo Pickup Truck
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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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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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Digital Trends
Digital Trends is a Portland, Oregon-based tech news, lifestyle, and information website that publishes news, reviews, guides, how-to articles, descriptive videos and podcasts about technology and consumer electronics products. With offices in Portland, Oregon, New York City, Chicago and other locations, Digital Trends is operated by Digital Trends Media Group, a media company that also publishes Digital Trends Español, focusing on Spanish speakers worldwide, and a men's lifestyle site The Manual. The site offers reviews and information on a wide array of products that have been shaped by technology. That includes consumer electronics products such as smartphones, video games and systems, laptops, PCs and peripherals, televisions, home theater systems, digital cameras, video cameras, tablets, and more. According to third-party web analytics provider SimilarWeb, the site received over 40 million visits per month . From 2014 to 2021, Digital Trends' editorial team was led b ...
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Pickup Truck
A pickup truck or pickup is a light-duty truck that has an enclosed cabin, and a back end made up of a cargo bed that is enclosed by three low walls with no roof (this cargo bed back end sometimes consists of a tailgate and removable covering). In Australia and New Zealand, both pickups and coupé utilities are called utes, short for utility vehicle. In South Africa, people of all language groups use the term ''bakkie'', a diminutive of ''bak'', Afrikaans for "basket". Once a work or farming tool with few creature comforts, in the 1950s U.S. consumers began purchasing pickups for lifestyle reasons, and by the 1990s, less than 15% of owners reported use in work as the pickup truck's primary purpose. In North America, the pickup is mostly used as a passenger car and accounts for about 18% of total vehicles sold in the United States. Full-sized pickups and SUVs are an important source of revenue for major car manufacturers such as GM, Ford, and Stellantis, accounting for more th ...
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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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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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Apple Inc
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company by market capitalization, the fourth-largest personal computer vendor by unit sales and second-largest mobile phone manufacturer. It is one of the Big Five American information technology companies, alongside Alphabet, Amazon, Meta, and Microsoft. Apple was founded as Apple Computer Company on April 1, 1976, by Steve Wozniak, Steve Jobs and Ronald Wayne to develop and sell Wozniak's Apple I personal computer. It was incorporated by Jobs and Wozniak as Apple Computer, Inc. in 1977 and the company's next computer, the Apple II, became a best seller and one of the first mass-produced microcomputers. Apple went public in 1980 to instant financial success. The company developed computers featuring innovative graphical user inter ...
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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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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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Special-purpose Acquisition Company
A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process and the associated regulations thereof. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the United States, SPACs are registered with the SEC and considered publicly-traded companies; the general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds". The majority of companies pursuing SPACs do so on the Nasdaq or New York Stock Exchange in the United States, althoug ...
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Jay Leno's Garage
''Jay Leno's Garage'' is an American web and television series about motor vehicles, primarily cars and motorbikes starring Jay Leno, the former host of ''The Tonight Show''. Originally a web series for NBC.com, a special aired on CNBC in August 2014 and the show became a weekly prime-time series on the channel in 2015. The show's second season premiered on June 15, 2016, followed by season three which debuted on June 28, 2017 and had total of 16 episodes. The fourth season began airing on April 19, 2018. Leno does car and motorcycle reviews on classic cars, super cars like the McLaren P1, restored cars, vintage and sports cars. Jay Leno's Big Dog Garage is located in Burbank, California, near Hollywood Burbank Airport. In 2016 the show won a Primetime Emmy Award for "Outstanding Special Class – Short-Format Nonfiction Program". On April 16, 2019, it was announced that the fifth season will premiere on August 28, 2019. Starting on April 15, 2020, CNBC started airing ne ...
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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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