Apple is Considering Acquiring Canoo, an Electric Car Startup
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Update time : 2022-05-18 11:01:30
According to the Financial Associated Press, Apple is considering acquiring Canoo.
Canoo, an electric vehicle startup, announced last week that the company may not have enough cash flow to maintain its operation, and in addition to the difficulties in cash flow, Canoo also said that this year's capacity target may not be completed on schedule.
Previously, Apple's automotive business unit had acquired drive AI and other companies to develop their own self driving business, and Apple had similar cooperation and negotiation with Canoo two years ago. In addition, Ulrich Kranz, the former CEO of Canoo, is now one of the top managers of Apple's auto project. At the same time, Apple also has some former Canoo engineers.
Despite the twists and turns of Apple's car building project and the frequent negative news, at present, Apple's car building project is still continuing, and after the acquisition of a new car building company such as Canoo, Apple will also fill the gap of many important senior executives who left before.
Canoo's scalable electric vehicle platform is also the main reason to attract apple. Canoo's platform is different from those developed by other start-ups and large automobile manufacturers because it integrates more automotive electronics and has greater flexibility in cabin design. The platform also adopts steering by wire technology, which also increases the flexibility of vehicle design, but it has not been widely used in the industry.
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