Nedcar will build cars for the American company Canoo

Nedcar will build cars for the American company Canoo

June 18, 2021 0 By autotimesnews

The Dutch plant won a contract to supply 1,000 vehicles in 2022 and up to 15,000 vehicles by 2023, helping it recover from an impending loss of its contract with BMW.

US-based electric vehicle startup Canoo has selected VDL Nedcar to build its Lifestyle vehicle, starting at 1,000 units for the European and American markets in 2022 with a goal of ramping production to 15,000 units in 2023, Canoo CEO Tony Aquila told investors on Thursday. Canoo said an agreement with a contract manufacturer would allow the company to supply cars to customers while it builds a plant in the US state of Oklahoma. The deal is an incentive for Nedcar, which was informed late last year that the contract for the production of BMW and Mini models at the Born, Netherlands plant would expire in 2023.

Nedcar CEO John van Sørland recently told Automotive News Europe that American electric vehicle startups are showing interest in using the Dutch company’s plant.

“There has been a significant increase in the popularity of electric vehicles in the United States, apart from those made by Mr. Musk,” said van Sorland.

Canoo plans to deliver its first Lifestyle vehicles to customers by the end of 2022, followed by production of a delivery vehicle and a pickup truck.

In December, Canoo went public as a result of a reverse merger with a Specialized Share Acquisition Company (SPAC). The Los Angeles-based company is one of several electric vehicle startups to go public thanks to SPAC, whose shares have plummeted since their debut.

Canoo said it will unveil a seven-seater vehicle and delivery vehicle next year, and a pickup truck in 2023.