As production begins at troubled EV company Canoo, internal documents show vehicle parts are still missing and late payments may lead to delays | Fortune

"On Nov. 17, Canoo was finally going to start production on the futuristic campervan-style vehicles the EV company has been talking about for years. "Come on Tony, keep your promise," one user wrote on a Reddit page dedicated to Canoo fans, stating that they hoped Canoo's public relations department would make a big splash around the milestone. After all, Canoo CEO Tony Aquila had assured the public on the company's earnings call earlier last month that Canoo had $2 billion in back orders for its vehicles and that it was expecting to reach 20,000- unit capacity in 2023."

"But for what would seemingly be a major milestone for the company, Nov. 17 came and went. Apart from a short internal email Aquila blasted to all Canoo staffers, seen by Fortune, Canoo drew no attention publicly to its start of production until the following day, when it posted a tweet and Facebook post. Canoo's lackluster announcement may have something to do with internal challenges which could make it difficult for the company to meet its own production goals-to complete more than a dozen vehicles before the end of this year."

"Internal documents sent to hundreds of staffers across the company this week and seen by Fortune show that Canoo's manufacturer, as of Monday, was missing a series of parts for Canoo's first electric deliv"

Canoo’s fans anticipated a major production milestone on Nov. 17 for the company’s campervan-style electric vehicles. The CEO previously claimed the company had $2 billion in back orders and expected 20,000-unit capacity in 2023. Competitors such as Fisker Ocean received extensive media coverage when they started production in early November. Canoo’s public attention was limited, with only an internal email to staff and a delayed social media announcement the next day. Internal documents indicate manufacturing was missing multiple parts needed for the first electric delivery vehicles, creating difficulty meeting near-term production goals before year-end.

Read at Fortune