All articles tagged with #advanced mobility
GM is developing a 10-year rechargeable battery-powered Lunar Terrain Vehicle with advanced mobility features like Crab Walk to support NASA's Artemis lunar missions, aiming for sustainable and extended lunar exploration.
Canoo Inc. announced its financial results for the fourth quarter and fiscal year 2023, revealing a 45% improvement in annual adjusted EBITDA and a reduction in capital expenditures. The company also secured a USPS agreement, started commercial fleet customer deliveries, and acquired advanced manufacturing assets at discounted prices. Additionally, Canoo's Oklahoma City manufacturing facility was designated as a Foreign Trade Zone, enabling international expansion and estimated cost savings. The company expects annual revenue of $50 million to $100 million in 2024 and plans to continue seeking opportunities to acquire distressed assets.