"At the end of November, there were still missing parts for the first vehicle on the production line, Canoo was late in payments to at least a dozen suppliers, and the company was being sued by one of its ex-suppliers."
"Now, well into January, production for the first 15 vehicles is still underway, according to internal documents reviewed by Fortune and a source with direct knowledge of the matter. And Canoo hasn't showcased any completed vehicles publicly."
"Canoo spokeswoman Agnes Gomes-Koizumi says that Canoo completed its production goals, yet refused to offer any kind of proof upon multiple requests from Fortune. During the first week of January, Gomes-Koizumi ignored Fortune's two requests, asking about the status of production."
"Meanwhile, a slew of Canoo's senior employees, including an executive, have left the company. Overall, Canoo has parted ways with at least eight senior managers, Fortune has learned. They include CIO Ram Balasubramanian; senior sales executive Claus Tritt; senior vice president of customer journey and aftersales Christian Treiber; vice president of financial planning and analysis Jerry Rausch; senior director of corporate development Robert Hawkes; senior vice president of investor relations Nick Cunningham; senior legal counsel Jennifer Hedges; and associate general counsel Kristy Harris."
Canoo set a goal to start production and complete 15 electric vehicles by the end of December, including vehicles for Walmart. By late November, parts needed for the first vehicle were still missing, payments to multiple suppliers were late, and the company faced a lawsuit from an ex-supplier. In January, production of the first 15 vehicles was still underway, and no completed vehicles had been publicly showcased. Canoo stated that production goals were completed but did not provide proof when asked. Senior employees left the company, including multiple executives across technology, sales, customer journey, finance, corporate development, investor relations, and legal roles.
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