Canoo Flees LA To Arkansas

Electric vehicle maker Canoo–which is still very early in producing its own version of an electric car–said late last week that it is moving its headquarters and manufacturing to Bentonville, Arkansas. The publicly listed company hit the public markets in late 2020 via a special purpose acquisition company (SPAC). The company has shown off a number of renderings of potential, high tech vehicles, but does not plan to bring any vehicles to market before Q4 of 2022.