Startup Canoo debuts subscription-only electric car
Legions of electric car startupshave sprung upwith hopes of repeating the success of Tesla, butCanoo(formerly known as EVelozcity) is trying something different. Instead of building a luxury car with science-fiction performance figures and a high price tag, Canoo’s electric car — also called Canoo — looks like a futuristic minivan, and will be available only through a subscription service beginning in 2021. “Some customers are not really sure if they want an EV,” Kranz noted, owing to concerns like range anxiety and the availability of charging stations....