Canoo

SEC Sues Apple Exec and Ex-Canoo CFO for Securities Violations

Ulrich Kranz, a senior executive at Apple working on the company’s electric-car efforts, and Paul Balciunas, former Chief Financial Officer of electric-vehicle startup Canoo, have been sued by the Securities and Exchange Commission (SEC). The federal lawsuit was filed in Los Angeles, accusing the pair of breaking securities rules at Canoo. Kranz, who previously served […]

Apple Hires Former BMW Executive and CEO of Canoo for EV Project

After the Apple Car project witnessed several managers leaving in the past few months, the company has reportedly hired one new executive from a former electric vehicle (EV) startup. On Thursday, Bloomberg reported that Apple has hired former BMW AG Senior Executive Ulrich Kranz, according to sources familiar with the matter. Kranz was hired to […]

Canoo Unveils Rounded-Front Electric Pickup Truck

According to a press release Wednesday, electric vehicle (EV) startup Canoo Inc. will open preorders for production versions of the pickup truck in Q2 2021, with deliveries set for 2023. The vehicle premiered Wednesday at the Motor Press Guild’s Virtual Media Day (VMD), in partnership with Automobility LA. The electric pickup truck’s design features a […]