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Why Shares of Canoo Are Driving Higher Today

Why Shares of Canoo Are Driving Higher Today

With competition ramping up over the past few years, the electric vehicle (EV) landscape has become a virtual battlefield. Canoo (NASDAQ: GOEV), however, has taken a major step toward appearing on actual battlefields. As of 11:11 a.m. ET on Thursday, shares of Canoo are up 4.9%, falling from their earlier climb of 11.2%.