Hyperdrive

California Startup Plans to Sell Electric Vehicles by Subscription

Canoo’s first vehicle is a seven-seater expected to hit the streets in 2021.

Canoo’s electric city van.

Source: Jack Schroeder/Canoo

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Canoo, a California startup that plans to offer electric vehicles by subscription, is unveiling its first model at its headquarters in Los Angeles Tuesday evening, Sept. 24. About 500 partygoers will have a chance to sit inside the the car, a breadbox-shaped van the company calls Canoo.

With seven seats and an estimated range of 250 miles, the bus was designed to meet the needs of city dwellers who currently drive SUVs, according to Canoo co-founder Ulrich Kranz. Seats in the rear cabin are arranged in a U-shape, like a sectional sofa, rather than in rows. The battery, powertrain and suspension are all housed in a slim platform, leaving 188 cubic feet of space for passengers and cargo. “I would call it a loft on wheels,” said Kranz. “It has the interior space of a large SUV and the footprint of a compact car.”