Canoo MSRP pricing revealed!

This past September, Canoo participated in a conference for Fleet Managers called the Fleet Forward Conference.

Bobit Fleet Group puts out a youtube video series called The Fast Forward and they covered Canoo's attendance at this event. It provided an intro to the Lifestyle van, specs and showing off the turning radius. They also gave us what MSRP pricing is likely to come out when the different models are released.

• Lifestyle Delivery Vehicle, LDV (seats 1 or 2) starting at $39,950

• Lifestyle Base Model (seats 5) $43,500

• Lifestyle Premium (seats 7) $49,950

• Lifestyle Adventure - Pricing not given :(

Although these numbers are unofficial in that they aren't coming from Canoo directly, they are probably what Canoo told them they were targeting.

We assume that the LDV pricing doesn't include any of the rack systems, seeing as that was mentioned as being patented by Walmart.

Keep in mind this video was being pitched to fleet operators and even though this says vehicles will be available in Q3 of 2023, that isn't indicative to SOP. Recall that Walmart's deliveries will be top priority, and all the other confirmed orders we know about will be spread out over 5 years so Canoo is likely looking to start deliveries to customers within the initial roll out area by this time

Authors disclosures: I am long Canoo - I own common shares, warrants and call options.

#fleetforward #pricing #MSRP