LDV

Canoo Further Expands its International Market Presence through the Red Sea Global Partnership in the Kingdom of Saudi Arabia

Retrieved on: 
Monday, April 8, 2024

Red Sea Global will pilot Canoo’s Lifestyle Vehicle (LV), Lifestyle Delivery Vehicle (LDV) 190, and the Bulldog pickup truck.

Key Points: 
  • Red Sea Global will pilot Canoo’s Lifestyle Vehicle (LV), Lifestyle Delivery Vehicle (LDV) 190, and the Bulldog pickup truck.
  • The Canoo vehicles will be piloted for travel between Red Sea Global’s international airport, its various resorts, facilities, and excursions.
  • Canoo’s premium LV will provide transportation for guests traveling between Red Sea International Airport (RSI) and its resorts and residential properties.
  • “Red Sea Global is an inspiring development illustrating the Crown Prince’s Vision 2030 goal to responsibly diversify its economy in an eco-friendly way.

Canoo Enters a $30 Billion Market with Multiple Commercial Vehicle Sales in Saudi Arabia

Retrieved on: 
Tuesday, April 2, 2024

Jazeera Paints will initially purchase 20 Canoo's electric vehicles (EVs) into its fleet in 2024, with the option to expand up to 180 additional vehicles.

Key Points: 
  • Jazeera Paints will initially purchase 20 Canoo's electric vehicles (EVs) into its fleet in 2024, with the option to expand up to 180 additional vehicles.
  • This agreement taps into the Saudi Arabian EV market, which commands a total addressable market (TAM) of over $30 billion, and aligns with initiatives within the GCC region to enhance sustainable mobility solutions.
  • In addition, these electric commercial delivery vehicles provide Canoo with a first mover advantage in the Saudi market and a competitive position in the Gulf Cooperation Council (GCC) region.
  • Both companies anticipate this alliance will catalyze further innovation and collaboration, paving the way for a more sustainable and technologically advanced future in commercial transportation within the GCC and beyond.

Guidehouse Insights Explores How Mapping and Routing Advances Support the Transition to EVs and Automated Vehicles

Retrieved on: 
Tuesday, April 9, 2024

BOULDER, Colo., April 9, 2024 /PRNewswire/ -- A new report from Guidehouse Insights explores how mapping and routing technologies support EV and automated vehicle (AV) development.

Key Points: 
  • BOULDER, Colo., April 9, 2024 /PRNewswire/ -- A new report from Guidehouse Insights explores how mapping and routing technologies support EV and automated vehicle (AV) development.
  • Originally seen as a luxury option for certain vehicles, mapping and routing software is now built into nearly every smartphone by default.
  • "EVs and AVs will be the standard sooner than most might expect," says Jake Foose, research analyst with Guidehouse Insights.
  • The report, Mapping and Routing Advances Support the Transition to EVs and Automated Vehicles , analyzes the market trends for EVs, AVs, and mapping and routing services.

MEO and iBASIS Expand Global Partnership in Voice & Mobile Services

Retrieved on: 
Wednesday, March 20, 2024

iBASIS , the leading provider of communications solutions for operators and digital players worldwide, and MEO , the leading Portuguese telecommunications operator through its Altice Wholesale Solutions business, have renewed their outsourcing agreement as preferred partner for international Voice and Mobile services.

Key Points: 
  • iBASIS , the leading provider of communications solutions for operators and digital players worldwide, and MEO , the leading Portuguese telecommunications operator through its Altice Wholesale Solutions business, have renewed their outsourcing agreement as preferred partner for international Voice and Mobile services.
  • The strategic partnership has also been expanded to include international outbound SMS and 5G mobile services.
  • iBASIS will also enhance its global connectivity by opening an IPX Point of Presence (PoP) in MEO’s newly established Linda-a-Velha (LdV) data center.
  • We aim to continue our growth momentum to provide fast and reliable services to millions of roamers.”
    “We are absolutely delighted to renew the partnership we started with MEO many years ago.

Leading Neuroscientists Bring Elemind Out of Stealth, Close $12 Million Seed Round for AI-enhanced Neurotech Wearable

Retrieved on: 
Tuesday, February 6, 2024

Elemind , the new AI-enhanced neurotech health company, emerged from stealth today, closing a $12M Seed round to further develop its first product ahead of its reveal in the coming months.

Key Points: 
  • Elemind , the new AI-enhanced neurotech health company, emerged from stealth today, closing a $12M Seed round to further develop its first product ahead of its reveal in the coming months.
  • The company’s wearable neurotechnology reads individual brainwaves and guides them in real-time by responding with tailored stimulation.
  • The company partnered with multiple leading research institutions to validate the technology and build applications for it.
  • Clinical trials also demonstrate Elemind is effective at increasing pain thresholds and enhancing sedation ; this study is currently in peer review.

Canoo Successfully Expands Zeeba’s Fleet with Electric Vehicles

Retrieved on: 
Wednesday, January 31, 2024

Justin, Texas, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has added electric vehicles to the fleet of Zeeba, a national fleet management company.

Key Points: 
  • Justin, Texas, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Canoo Inc. (NASDAQ: GOEV), a leading high-tech advanced mobility company, announced it has added electric vehicles to the fleet of Zeeba, a national fleet management company.
  • The announcement is part of an existing agreement with Zeeba that awarded a total of 5,450 electric vehicles, with a binding commitment of 3,000 Lifestyle Delivery Vehicle (LDV) EVs for its national fleet.
  • “With an impressive revenue growth, Zeeba has increased its number of clients by 10 times in the last two years and has a large backlog of clients waiting for Canoo vehicles.
  • We are excited to work with a dynamic, skilled team that is expanding its national fleet.”
    Kayvon Marashi, Chief Executive Officer at Zeeba, said: “With over 1,000 clients waiting for Canoo vehicles, we are thrilled to welcome an innovative line of EVs into our fleet.

Canoo Reaches Agreement with U.S. Postal Service for Purchase of Electric Vehicles

Retrieved on: 
Wednesday, January 24, 2024

Postal Service will purchase six (6) battery-electric Canoo vehicles.

Key Points: 
  • Postal Service will purchase six (6) battery-electric Canoo vehicles.
  • The Postal Service will take delivery of these six right-hand drive versions of the LDV 190 in Q1 2024.
  • Canoo is honored to participate as one of the potential suppliers in the groundbreaking electrification and modernization of the U.S.
  • The vehicles for USPS will leverage Canoo’s patented technologies to deliver enhanced functionality, safety, and ergonomics.

Canoo Delivering First Made in Oklahoma Electric Vehicles to State Government

Retrieved on: 
Monday, November 13, 2023

OKLAHOMA CITY, Nov. 13, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a leading high-tech mobility company, today announced delivering its first Made in Oklahoma electric vehicles to the state of Oklahoma.  

Key Points: 
  • OKLAHOMA CITY, Nov. 13, 2023 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a leading high-tech mobility company, today announced delivering its first Made in Oklahoma electric vehicles to the state of Oklahoma.
  • Canoo is hiring for its Oklahoma City and Pryor facilities in the state and expects to create more than 1,300 jobs.
  • "It's an honor to partner with the state of Oklahoma and its workforce to create a legacy for electric vehicles in America's Heartland," said Tony Aquila, Chairman and CEO of Canoo.
  • All Canoo vehicles are designed for performance and functionality, with comfort, safety, and security that is configurable in unique ways.

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 13, 2023

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points: 
  • Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
  • North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
  • The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
  • In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 13, 2023

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points: 
  • Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
  • North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
  • The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
  • In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.