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home / news releases / GOEV - Canoo in pact with GCC Olayan for distribution and after sales service of its EV in Saudi Arabia

GOEV - Canoo in pact with GCC Olayan for distribution and after sales service of its EV in Saudi Arabia

Canoo Inc.

  • Canoo ( NASDAQ: GOEV ) has inked an agreement with GCC Olayan (General Contracting Company) a subsidiary of Olayan Saudi Holding Company (OSHCO), for sale, service, and distribution of Canoo fleet solutions in Saudi Arabia.
  • The companies are also working to develop a joint venture to launch a digital vehicle ecosystem for service maintenance repair, local assembly, and eventually manufacturing.
  • Shares up 2% in Wednesday's premarket session.

For further details see:

Canoo in pact with GCC Olayan for distribution and after sales service of its EV in Saudi Arabia
Stock Information
Company Name: Canoo Inc.
Stock Symbol: GOEV
Market: NASDAQ
Website: canoo.com
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