The Canoni Van – also known as the Multipurpose Delivery Vehicle, or MPDV, as it may fit, is designed for commercial customers.
Canoe
Electric vehicle start-up Cano unveiled a new delivery van on Thursday before going public on the Nasdaq next week.
According to the California-based company, the futuristic-looking van – known as the Multi-Purpose Delivery Vehicle or MPDV – could be completed. It is expected to start at around 33,000,000.
Tony Aquila, chairman of Cano, a major investor in the company, said during a video of MPDV’s unveiling that there are many cases of use that this vehicle can carry. “We want it to look very smart, very modern, but at the same time very affordable.”
Vehicle production is targeted to start in 2022 and RMP will be provided in 2023. The company has not announced specific plans for production, but has previously announced a strategic relationship with auto supplier and contract maker Magna International.
Such commercial vehicles are expected to be a key driver for the profitable EV sales for the tomato industry. Those are segment start-ups and Legacy Automakers wants to enter quickly in the coming years. Ford Motor, which leads commercial vehicle sales, plans to release an EV van in 2021, the electric version of its F-150 pickup the following year.
The interior of a Kenu van, also known as a multipurpose delivery vehicle or MPVD.
Canoe
Canoe said the MPDV will be available in two different EV ranges and battery sizes. The company says the range of the smaller van, called the MPDV1, is expected to be between 130 miles and 230 miles, while the larger van, the MPDV2, is between 90 miles and 190 miles, depending on the size of the battery. Kenu is taking reservations and und refundable deposits for vehicles on its website.
Keno is part of a wave of new betting EV start-ups that plan to enter the market after going public through a reverse merger with specific purpose acquisition companies, also called blank-check companies. The company announced its merger deal with Hansi Capital Acquisition Corp. in ness gust.
Canoe is expected to be listed as a “CNOO” on the Nasdaq on Tuesday, following a shareholder meeting to approve the merger on Monday. The deal is expected to cost Kenu about 600 600 million to support the production and launch of the EV.
Shares of Hansie fell 10% to close at ડ 18 during midday trading on Thursday. The stock is still up about 69 percent since the deal with Cano was announced on the 18th.
This is Kenu’s second planned vehicle. The first was a small, tablet-shaped vehicle that was made more for customers. According to Kenu, it is expected to be available through the membership-vehicle service launched by the company in 2022.
During the unveiling of the vehicle on Thursday, the company also expressed annoyance at what appeared to be a car and a pickup truck under two sheets.
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