Canoo is a Los Angeles based company creating electric vehicles (EV) made for subscription. There are 3 key areas where Canoo is taking a different approach from the industry norm. First, is a unique product design that looks nothing like what is on the road today and a lean user interface (UI). Second, the Company has adopted a next-generation business model for electric vehicles that focuses on reducing costs and increasing revenue. Third, Canoo will be available by subscription only, secured by blockchain technology. The boutique California EV brand plans to launch its first vehicle in cities in 2021, beginning in the U.S., and in China shortly thereafter.