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Electric Vehicle Surprise! Canoo's Unique Market Move to Introduce Subscription Model
30 Nov 2024 | Abstracted from Jomfruland
"Canoo is pivoting towards a subscription-based model, targeting businesses and urban fleets rather than individual car buyers.
"subscription model is expected to open up a new revenue stream for Canoo, which could potentially solidify its financial standing in the highly competitive EV industry. By aligning its business model with the growing trend of car-as-a-service, Canoo is tapping into a market projected to expand significantly over the coming years."
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