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.
The post Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left appeared first on Electrek.
Source: Charge Forward
