Canoo Electric Vehicle (GOEV) has recently announced a new partnership with Schindler Elevator Corporation, a leading global provider of elevator and escalator services. The partnership will see Schindler Elevator Corporation add 50 Canoo EVs to its fleet, marking an industry first.
Canoo, which was founded in 2017, has been dedicated to bringing "EVs to everyone" and has faced many challenges since its inception. However, the company has persevered and developed its versatile Multi-Purpose Platform, which underpins its Lifestyle Vehicle, Multi-Purpose Delivery Vehicle, and electric pickup. With an estimated range of up to 300 miles, Canoo's Lifestyle Delivery Vehicles can lower the total cost of ownership by over 35% compared to its peers.
Despite facing significant obstacles, such as posting a $125 million loss in the first quarter of 2022, Canoo has signed deals with major retailers, organizations, and now, Schindler Elevator Corporation. The latter aims to deploy Canoo EVs as light-duty electric vans, becoming the first company in the elevator services industry to do so.
The 50 Canoo Lifestyle Delivery EVs added to Schindler's fleet will be designed for technician use and will feature a payload of 1,543 pounds, usable cargo storage of 133 cubic feet, and advanced driver-assistance systems (ADAS), including forward collision braking and auto emergency braking. With a range of over 200 miles, these vehicles will contribute to Schindler's goal of achieving net-zero emissions by 2040.
As Canoo continues to ramp up production and expand its operations, the partnership with Schindler Elevator Corporation is another positive development for the company. With several new clients, a new high-volume manufacturing facility in OKC, and a streamlined platform for EV production, Canoo is poised to make significant strides in the commercial delivery and work van market.