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EV inauguration Canoo has been hit with two Modern cause from supplier link up to the drivetrains that power its electric vehicles , just weeks after the company plain offa major reorganizationthat included the departure of its main engineering science officer .
Canoo has also parted ways with senior director of advanced vehicle engineering Christoph Kuttner , who was the last remaining atomic number 27 - founder from the team of nine that produce the startup in tardy 2017 , TechCrunch has learned .
Kuttner was one of nine co - founder who carve up off from Faraday Future at the closing of 2017 to start up Evelozcity , the original incarnation of Canoo . Those co - founder have steadily slip away from the troupe before , during , and after its transition from a private inauguration to a publicly deal company in later 2020 when it merged with a special purpose acquisition company .
Kuttner and Canoo did not straight off respond to postulation for comment .
The supplier lawsuits , both of which were file in September with Oakland County Circuit Court in Michigan , come at a time when Canoo is moving aside from its original California headquarters and sharpen more and more on its operations in Texas and Oklahoma , and whilecourting likely customersin the U.K. and Middle East . It ’s doing all of this on a tight budget . The companyreportedjust a little more than $ 19 million in full cash , of which $ 4.5 million was nonsensitive , as of June 30 , 2024 .
The two business firm suing Canoo areJing - Jin Electric North AmericaandDana Limited . Canoo had tapped Jing - Jin , or JJE , to design and build electric motors for the EV startup ’s vehicles . JJE take Canoo failed to make up for the motor and owed more than $ 1.4 million as of August 2023 . The supplier alleges Canoo did n’t scrap the money owed and then “ strung JJE along for months — repeatedly forebode to pay JJE , blaming its delay on topic and factor entirely unrelated to JJE . ”
In November 2023 , according to the complaint , JJE and Canoo entered into a refund plan to set things right . JJE says Canoo made its first three payments , add up $ 851,013 , and an additional defrayment of $ 120,649.23 . But JJE suppose the payments stopped presently after , despite Canoo owing another $ 446,692.77 . JJE suspended all work for Canoo in June 2024 and say the EV inauguration intercept respond .
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Dana Limited , meanwhile , allege it entered an understanding with Canoo in February 2022 to co - plan and develop a thrust assemblage for Canoo ’s vehicles . Dana Limited says that as part of the arrangement , Canoo was required to compensate the supplier for any costs find if the EV inauguration ’s vehicle yield was delayed by more than three months .
“ Canoo ’s output and work under the Agreement was importantly delayed , ” Dana Limited spell in the complaint . The provider now alleges Canoo fail to make two $ 4.3 million cost recovery payments despite institutionalize “ several notice ” to the EV startup through tardy 2023 and into 2024 .
