electric vehicle startup, has changed its name to Canoo and said on Monday that it will offer a range of EVs to private and commercial customers by subscription only.Canoo is positioning itself as a "boutique California EV brand" and said it will start sales in the United States in 2021, eventually expanding to China.The company, one of dozens of EV startups in the United States and China, has not disclosed its investors but has raised about $1 billion, according to a source familiar with the process.Canoo said it plans to market a four-model range that will include personal commuter and "lifestyle" vehicles, as well as commercial vehicles for ride and delivery services. The so-called lifestyle vehicle is meant to provide the space and functionality of an SUV, the company said.Canoo did not provide any details on pricing but said it would not have a dealer network. It will offer a variety of subscriptions of different duration, some bundled with insurance and related services.Founded … [Read more...] about Electric vehicle startup Canoo will offer cars by subscription only
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“We received information around 12.15am on Saturday and our teams noticed one of the four men. He was rescued while three others are still missing. NDRF teams were also called in and the car was also fished out. They all are in age group 25-36 years and working as contractors with a Central government agency. They had planned to make a night stay in Ghaziabad but then the mishap took place,” said Neeraj Kumar Jadaun, superintendent of police (rural). … [Read more...] about 3 missing, 1 rescued after car plunges into Upper Ganga Canal in Ghaziabad
Ayush GuptaHistory has constantly demonstrated the ability of strong brands to remain unscathed during periods of great depressions, and extreme market volatility. They decline less in value and recover faster! If you own or manage a strong brand, think about it yourself, this lesson was clear during the global financial crisis a decade ago and it will emerge even stronger now. Even with the current trends, Indian Economy is touted to grow to a $ 7 Trillion mark by 2030, with 50% of the growth coming from retail sector. This trend will be fueled by the rising middle class population of 1.2 billion citizens with sky high aspirations to improve quality of life. I anticipate the next decade to be full of action. When referring to a broad global equity index that represents large and mid-cap equity performance across 23 developed countries; it shows that during this pandemic the index fell by as much as 75% , however the equity of the top 10 brands of the world dropped only by 37% before … [Read more...] about Opinion: The next wave of growth will come from within. Make a Meaningful Difference!
As multiple doubts gave birth to ideas, I zeroed onto what is popularly known as smart clothing abroad, but not much known in our country. The best product I could think of was a garment-like jacket that could help to embed sensors in a 360 degree sphere to ensure the mandatory physical distancing, to fight COVID in a mindful way. And handcrafting it would also mean jobs for craftspersons. … [Read more...] about Full tech jacket
Los Angeles based EV manufacturer Canoo is developing zero-emission vehicles or subscription only and the company has unveiled its first car.Named as Canoo, the car focuses on providing the occupants more space compared to conventional vehicles, claims the company. Also, the company says that this EV has a range of 250 miles and can reach 80 per cent charge in less than 30 minutes.In terms of design too, the electric vehicle is different compared to traditional cars as it maximizes the unique benefits of EV technology. Its minimalist design provides the vehicles with a large interior and very small overall footprint, making it perfect for city use.It gets Advanced Driver Assistance Systems (ADAS) and Driver Monitoring that enable the car to better protect the driver from roadside distractions. The EV utilizes seven cameras, five radars, and 12 ultrasonic sensors for this purpose.As the company claims, this is going to be the first true steer-by-wire vehicle in the market without a … [Read more...] about Canoo introduces subscription-based EV