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We all doI fear you might be right but I still hope all the legitimate EV startups (meaning those with functional vehicles and ideas) do make it.
At least they are trying to be up front with you about what's going on. If they were able to deliver to you by end of 2023 that would actually be impressive to me. They seem so far behind at this point.I have a very early pre-order for a Canoo truck, that I changed to a Lifestyle van. I can change back to a truck, but I need two rows for the truck so probably won’t switch back. That said, I was told by their support to not expect one until late 2023 at the earliest, so I’m likely out of the Canoo running, especially with the IRA and no BPA offered by Canoo.
I have felt for a long time they were trying harder to get acquired than they were to actually build vehicles, so that would make a bunch of sense. But as you said, Walmart hasn't really done things that way. They seem to prefer turning the screws on other companies vs. buying them up.My theory on Canoo is they're now only in this to be acquired by Walmart, but to do that, they've got to find a company they've not already pissed off to build the LDV's. Walmart are a tough company to sell to, so Canoo has done well in that respect so far, but it's going to be a tough few months. Walmart already has a warrant for 61M shares at $2.05 each, so to some extent they already have a lot of influence over Canoo, without the capital outlay.
Oof. That was a scary look behind the curtain. I have never worked in those circles before so I won’t pretend to understand what passes now as a solid company, but it sure feels to me like Canoo is held together with rubber bands and scotch tape.This is a good read: https://fortune.com/2022/08/27/canoo-electric-vehicles-walmart-struggles-tony-aquila/ (paywalled, but opening in Safari Reader view bypasses it).
Having worked directly for Tony for a couple of years, and indirectly for a few more, nothing here is remotely surprising.
That is what originally captured my attention as well. It’s a great concept and that cab-over design has proven useful in the past.If the Canoo pickup was in production I would choose it over the R1T. It’s a 21st century version of the 1950/1960’s VW air-cooled pickup truck.
Ummm do you know what real-world uses look like for military trucks and utility carts? Do you know how many Polaris Rangers and GEM carts we have? They aren't targeting the next Humvee, they're targeting 90% of our fleet.I cannot think of any situation in which I’d prefer a short range, light capacity electric vehicle instead of a currently fielded diesel powered truck. Total waste of time and resources for the military but good on Canoo for figuring out a way for someone else to foot the bill doing a lot of useful real world testing.
I do, been doing it for a long time. I prefer a ranger or similar little UTV that can be refueled with a jerry can in five minutes and not require more equipment to be purchased and supplied to the military to facilitate charging.Ummm do you know what real-world uses look like for military trucks and utility carts? Do you know how many Polaris Rangers and GEM carts we have? They aren't targeting the next Humvee, they're targeting 90% of our fleet.