L.A. startup plans to offer electric vehicles by subscription
Canoo, a startup that plans to offer electric vehicles by subscription, unveiled its first model — a breadbox-shaped van — at its headquarters in Los Angeles on Tuesday evening.
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,” Kranz said. “It has the interior space of a large SUV and the footprint of a compact car.” 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.
Canoo says the vehicle will be available in Los Angeles and San Francisco sometime in 2021, with cities on the East Coast to follow. The company plans to market it by subscription: Customers will pay a one-time membership fee and a flat monthly rate. The fee will cover registration, taxes, insurance, maintenance and unlimited mileage, said the company, and subscribers can opt out at any time. Kranz said the fee would be “reasonable,” but he has declined to offer any specific numbers.
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