Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left
August 9, 2022
American EV startup Canoo shared its latest report outlining its results for Q2 of 2022 as it continues to fight to stay out of the red in a race toward production. Canoo is now reporting another big loss for the quarter. And, although it has $1 billion in its sales pipeline, only a minority percentage of those commitments are binding under contract.
Canoo ($GOEV) is an LA-based EV startup…