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Canoo Inc., a leading electric vehicle (EV) manufacturer, has launched commercial operations in the UK, marking a significant step in its global expansion. By establishing Canoo Technologies UK Limited, the company is setting the stage to meet growing demand in the UK’s light commercial vehicle (LCV) market. Canoo’s new base at Bicester Motion will serve as a hub for operations, allowing customers to experience its right-hand drive electric vans. This move comes as the UK leads the charge in EV adoption with ambitious zero-emission vehicle mandates.
Key Highlights:
- Canoo opens first European location at Bicester Motion, an iconic automotive campus.
- Launch of UK-based entity Canoo Technologies UK Limited to cater to local and European markets.
- Right-hand drive commercial electric vans will be available for test drives and customer demonstrations.
- UK’s Zero Emission Vehicle (ZEV) mandate targets 80% zero-emission new vehicle sales by 2030.
- Strong growth in the LCV market, with the small van market demand rising 42% in 2024.
- Canoo’s activation center aims to support government and commercial fleet customers.
- The company’s strategy includes pilots followed by full-scale vehicle rollouts to meet customer needs.
Canoo’s entry into the UK signals its commitment to sustainability and innovation in mobility solutions. By positioning itself at Bicester Motion, a site known for automotive advancements, the company aligns with the UK’s ambitious targets for zero-emission vehicles. The site will not only provide a space for test drives but also serve as a base for further expansion into European markets.
The UK’s EV adoption is backed by regulatory frameworks and incentives like the Plug-in Van Grant (PIVG), making it an attractive market for Canoo’s commercial electric vans. The company’s focus on customer-centric solutions and local partnerships will allow it to tailor its offerings to meet diverse business demands.
This expansion is led by Tony Aquila, Canoo’s Executive Chairman and CEO, whose successful history in the UK includes creating jobs and generating significant revenue through previous ventures. With this new endeavor, Canoo aims to capitalize on the growing demand for sustainable transportation solutions.
Canoo’s customer-first approach will involve collaboration with fleet operators and government entities to configure vehicles according to specific needs. The company’s scalable and modular EV platform will support a range of applications, from cargo transportation to government fleet services.
The UK operation is expected to launch in October 2024, further strengthening Canoo’s global presence and advancing its mission to deliver cutting-edge electric mobility solutions.
For more information, visit www.canoo.com.
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