AUTOS EV start-up Canoo unveils new vehicle ahead of Nasdaq debut

Production of the vehicle is targeted to begin in 2022 and ramp up in 2023

Electric vehicle start-up Canoo unveiled a new delivery van on 17th Dec. ahead of its public debut on the Nasdaq next week. The van is a multi-purpose delivery vehicle, or MPDV, because of the ways it can be upfitted, is meant for everything from last-mile deliveries to food trucks, according to the California company. It is expected to start at around $33,000.

Production of the vehicle is targeted to start in 2022 and ramp-up in 2023. The company didn’t announce specific plans for production, but it’s previously announced a strategic relationship with auto supplier and contract manufacturer Magna International.

Canoo said the MPDV are going to be available in two sizes with varying EV ranges and battery sizes. The company says the range of the smaller van, referred to as MPDV1, is predicted between 130 miles and 230 miles, while that of the larger van, MPDV2, is between 90 miles and 190 miles supported battery sizes. Canoo is taking reservations and $100 refundable deposits for the vehicles on its website.

This is Canoo’s second planned vehicle. The first was a smaller, pill-shaped vehicle designed more for consumers. It’s expected to be available through a membership-only vehicle service by the company beginning in 2022, according to Canoo.

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