Canoo lands contract to supply 3,000 vans to Zeeba

Canoo is in the midst of financial troubles. However, it has obtained another lifeline as it has landed a contract to supply 3,000 electric vans to Zeeba, with the possibility of expanding to 5,450.

The US Army selects Canoo’s EV for analysis and demonstration.

Zeeba is an American fleet leasing provider planning to electrify half of its vehicles by Q1 20. The company will add Canoo’s Lifestyle Delivery Vehicles (LDV) to its portfolio. The first set of LDVs will be delivered next year.

Zeeba says the modularity of the LDV allows it to customize the vehicles for each client. The vehicles will serve multiple purposes, including last-mile logistics, ride-hailing, and food delivery.

Commenting on the contract, chairman and CEO of Canoo, Tony Aquila, said, “We have a large committed, growing order book, are finalizing our multi-year allocations for 2023 customer deliveries, and will share our manufacturing plan with the broader market shortly.

“This order is another milestone validating our product and strategy. Small & medium-sized businesses (SMBs) are the backbone of our communities, employing about half of all working Americans, and they are Zeeba’s target customers.

“We put technology first and combined class-leading ergonomics, a small vehicle footprint-to-cargo ratio, and platform versatility while achieving a lower carbon footprint and higher return on investment for the operator, all of which will help SMBs compete.”

Canoo is supplying LDVs to other companies. One of them is Walmart which has begun testing the vehicles.

NASA is also testing the EVs for transporting its astronauts.

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