US Leasing Provider Zeeba to Purchase Over 5,000 Canoo Electric Vehicles

Zeeba, a US fleet leasing provider, has signed an agreement with Canoo to purchase 5,450 electric vehicles, with an initial binding commitment of 3,000 units through 2024. Zeeba will add Canoo Lifestyle Delivery Vehicles (LDV) and Lifestyle Vehicles (LV) to its long-term fleet leasing portfolio.

The LDV and LV will be used by customers in the last mile delivery space, mobile goods, ride hailing, food delivery, trade professions and more.

The LDV combines 120 cubic feet of cargo volume with an 80kw battery pack with the handling and turning radius of a small passenger vehicle.

Canoo vehicles are American-made Class 1 commercial electric vehicles built on the company’s proprietary multi-purpose platform (MPP) architecture that integrates all critical components.

Most of service, maintenance and updates will be done over the air (OTA).

Tony Aquila, Chairman & CEO at Canoo, says: “We have a large committed, growing order book, are finalizing our multi-year allocations for 2023 customer deliveries and will share our manufacturing plan with the broader market shortly. This order is another milestone validating our product and strategy. Small & medium sized business (SMB) are the backbone of our communities, employing about half of all working Americans¹ and they are Zeeba's target customers. We put technology first and combined class leading ergonomics, a small vehicle footprint-to-cargo ratio and platform versatility while achieving a lower carbon footprint and higher return on investment for the operator, all of which will help SMBs compete.”

Kayvon Marashi, Chief Executive Officer for Zeeba Automotive Group, Inc., adds: “We are thrilled to be able to deliver Canoo vehicles to our customers in the near future. We are focused on offering the most advanced fleet solutions and have recognized Canoo’s vehicles as leaders in technology driven sustainable mobility. We also wanted to secure EV vehicle supply for years to come.”

Canoo has teams in California, Texas, Michigan, Oklahoma and Arkansas.