JUSTIN,
Texas, Nov. 10, 2023 /PRNewswire/ -- Canoo Inc.
(Nasdaq: GOEV), a leading high-tech mobility company, today
introduced the American Bulldog.
This vehicle is a derivative of the Screaming Eagle that was
delivered to the U.S. Army for extensive testing in 2022. The
American Bulldog builds upon Canoo's rapid product development and
real-world testing.
A powerhouse of engineering, this vehicle sets a new mobility
standard and reflects the grit and resolve of the American people.
It combines striking design with world-class performance
while emphasizing minimalism with maximum functionality for work,
adventure, and service.
"Like the American Bulldog, this vehicle is loyal and
courageous. It's woven into the American spirit and reflects this
country's innovation," said Tony Aquila, Executive Chairman and CEO
of Canoo. "When we say 'Made in America,' we mean it."
The American Bulldog builds upon Canoo's
rapid product development and real-world testing.
On two wheels or four, this vehicle performs like a battleship.
The vehicle's strength comes from its honeycomb design. It's strong
and rigid but almost soars like an eagle through harmonized
steer-by-wire and brake-by-wire systems.
Driven by Canoo's continuous advanced technologies, this
high-tech marvel is entirely different on the inside and on the
outside. Most engineers wouldn't believe what Canoo has achieved:
this vehicle is a masterclass in form and function.
To believe what Canoo is doing, watch this video.
About Canoo
Canoo's mission is to bring EVs to
Everyone. The company has developed breakthrough electric vehicles
that are reinventing the automotive landscape with their pioneering
technologies, unique design, and business model that spans multiple
owners across the full lifecycle of the vehicle. Canoo designed a
modular electric platform that is purpose-built to maximize the
vehicle interior space and is customizable for all owners in the
vehicle lifecycle, to support a wide range of business and consumer
applications.
Canoo has teams in California,
Texas, Michigan, Oklahoma, and Arkansas. For more information, visit
www.canoo.com and investors.canoo.com.
Forward-Looking Statements
The information in this
press release includes "forward-looking statements" within the
meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward- looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding estimates and forecasts of financial and
performance metrics, expectations and timing related to commercial
product launches and the achievement of operational milestones,
including the ability to meet and/or accelerate anticipated
production timelines, Canoo's ability to capitalize on commercial
opportunities, current or anticipated customer orders, and
expectations regarding the development of facilities. These
statements are based on various assumptions, whether or not
identified in this press release, and on the current expectations
of Canoo's management and are not predictions of actual
performance. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as, and
must not be relied on by any investor as, a guarantee, an
assurance, a prediction or a definitive statement of fact or
probability. Actual events and circumstances are difficult or
impossible to predict and will differ from assumptions. Many actual
events and circumstances are beyond the control of Canoo. These
forward-looking statements are subject to a number of risks and
uncertainties, including changes in domestic and foreign business,
market, financial, political and legal conditions; Canoo's ability
to access future capital, via debt or equity markets, or other
sources; the rollout of Canoo's business and the timing of expected
business milestones and commercial launch; future market adoption
of Canoo's offerings; risks related to Canoo's go-to-market
strategy and manufacturing strategy; the effects of competition on
Canoo's future business, and those factors discussed under the
captions "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations" in Canoo's Annual
Report on Form 10-K for the fiscal year ended December 31, 2022 filed with the U.S. Securities
and Exchange Commission (the "SEC") on March
30, 2023, as well as its past and future Quarterly Reports
on Form 10-Q and other filings with the SEC, copies of which may be
obtained by visiting Canoo's Investors Relations website at
investors.canoo.com or the SEC's website at www.sec.gov. If any of
these risks materialize or our assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
Canoo does not presently know or that Canoo currently believes are
immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect Canoo's expectations, plans or
forecasts of future events and views as of the date of this press
release. Canoo anticipates that subsequent events and developments
will cause Canoo's assessments to change.
However, while Canoo may elect to update these forward-looking
statements at some point in the future, Canoo specifically
disclaims any obligation to do so. These forward-looking statements
should not be relied upon as representing Canoo's assessments as of
any date subsequent to the date of this press release. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
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SOURCE Canoo Technologies Inc.