
Canoo Inc
NASDAQ:GOEV

Gross Margin
Canoo Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
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Canoo Inc
NASDAQ:GOEV
|
2.2m USD |
10%
|
|
US |
![]() |
Tesla Inc
NASDAQ:TSLA
|
1.1T USD |
17%
|
|
JP |
![]() |
Toyota Motor Corp
TSE:7203
|
36.6T JPY |
19%
|
|
CN |
![]() |
BYD Co Ltd
SZSE:002594
|
969.8B CNY |
17%
|
|
DE |
![]() |
Mercedes Benz Group AG
MIL:MBG
|
75.3B EUR |
23%
|
|
IT |
![]() |
Ferrari NV
MIL:RACE
|
76.3B EUR |
51%
|
|
DE |
![]() |
Daimler AG
XETRA:DAI
|
67.5B EUR |
23%
|
|
DE |
![]() |
Bayerische Motoren Werke AG
XETRA:BMW
|
54.4B EUR |
15%
|
|
JP |
![]() |
Honda Motor Co Ltd
TSE:7267
|
8.5T JPY |
22%
|
|
DE |
V
|
Volkswagen AG
XETRA:VOW
|
50.7B EUR |
18%
|
|
DE |
![]() |
Mercedes-Benz Group AG
XETRA:MBG
|
46.8B EUR |
18%
|
Canoo Inc
Glance View
Canoo, Inc. manufactures electric vehicles. The company is headquartered in Torrance, California and currently employs 805 full-time employees. The company went IPO on 2019-03-05. The firm is engaged in designing and developing electric vehicles (EVs). The firm has designed a modular electric platform purpose-built to deliver maximum vehicle interior space that is customizable across all owners in the vehicle lifecycle to support a range of vehicle applications for consumers and businesses. Its Multi-Purpose Platform is a self-contained, fully functional rolling chassis that directly houses all of the critical components for operation of an EV. These include its in-house designed performance electric drivetrain, true steer-by-wire system, low-profile suspension systems, battery systems, advanced vehicle control electronics and software, and other critical components, which all have been optimized for functional integration and versatility. Its EVs include Lifestyle Vehicle; Multi-Purpose Delivery Vehicles- MPDV1, MPDV2, and Canoo Pickup.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Canoo Inc's most recent financial statements, the company has Gross Margin of 9.5%.