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Canoo Shares Jump After Report of Talks With Apple


Canoo Shares Jump After Report of Talks With Apple
The Verge reports that Apple and Canoo discussed cooperation in the EV market last year but the talks collapsed.
Author:
Electric-vehicle start-up Canoo  (
GOEV) - Get Report roared higher Wednesday, after a report that Apple  (
AAPL) - Get Report and Canoo discussed cooperation in the EV market last year, even though the talks fell apart.
Apple held meetings with Canoo in the first half of 2020 as part of the tech giant s secretive effort to advance its own electric vehicle project, three knowledgeable sources told The Verge.
“Canoo’s scalable electric vehicle platform, or ‘skateboard,’ is largely what drew Apple’s interest, the people said,” according to The Verge. ....

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