Canoo Successfully Expands Zeeba’s Fleet with Electric Vehicles
EVs are a promising upgrade in binding agreement of 3,000 vehicles
Justin, TX – (January 31, 2024) – 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.
“Our partnership with Zeeba signifies a major step forward in the electrification of commercial fleets across the United States, where EVs are the ideal use case,” said Tony Aquila, Investor, Executive Chairman, and CEO of Canoo. “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. Our clients are increasingly seeking sustainable transportation options, and the Canoo LDVs’ perfect blend of efficiency, comfort, and functionality makes it a game-changer for fleets of all sizes.”
About Canoo
Canoo's mission is to bring EVs to Everyone. The company has developed breakthrough electric vehicles that are reinventing the automotive landscape with their pioneering technologies, unique design, and business model that spans multiple owners across the full lifecycle of the vehicle. Canoo designed a modular electric platform that is purpose-built to maximize the vehicle interior space and is customizable for all owners in the vehicle lifecycle, to support a wide range of business and consumer applications.
Canoo has teams in California, Texas, Oklahoma, and Michigan. For more information, visit www.canoo.com and investors.canoo.com.
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