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Image courtesy of Canoo

The electric vehicle startup Canoo, which went public in late 2020, is the latest company to gamble on consumer interest in battery-powered pickup trucks.

Driving the news: The Los Angeles-based company hopes to begin delivering them as early as 2023, with preorders opening in Q2 of this year.

  • It's designed with features that help it function as a work truck, such as fold-down workbenches and a charging port for tools.
  • But they're saying it's designed for "work [and] the weekend," and planned options include a roof rack and camper shell attachments.
  • "The toyish truck shows just how far Canoo is willing to push the design of the microbus-style vehicle it first debuted back in 2019," The Verge reports.

Why it matters: Pickups are an immensely popular consumer segment, so startups and legacy automakers alike see a chance to capture a piece of that market with electric versions.

By the numbers: Canoo says it's planning a vehicle with over 200 miles of range, with up to 600 horsepower and an 1,800 pound payload capacity. The truck bed is six feet and can be extended to eight feet.

What we don't know: The price.

Go deeper

2 hours ago - Politics & Policy

Congress hunts for shortcut to pass defense funding, debt limit combo

Senate Majority Leader Chuck Schumer returned to his office Monday. Photo: Anna Moneymaker/Getty Images

The scramble in Congress to pass the National Defense Authorization Act is being complicated by an effort to tie it to a needed hike in the federal debt limit.

Why it matters: The House and Senate are rapidly coming up against a series of deadlines they must address before the end of the year — or risk disrupting crucial military funding and upending the economy. Congressional leaders are now hoping they can knock out both "must-pass" priorities in one, complex swoop.

Scoop: Inside Jake Sullivan's call with U.S. hostages' families

Photo: Jim Lo Scalzo/EPA/Bloomberg via Getty Images

National security adviser Jake Sullivan spoke last week with relatives of U.S. hostages and others wrongfully detained abroad, after more than two dozen families expressed frustrations about their inability to get a meeting with him or President Biden, Axios has learned.

Why it matters: Participants on the video call, which began at 7pm ET Friday and lasted more than an hour, told Axios they didn't get satisfactory answers to many of their questions. Nonetheless, they were encouraged by Sullivan's commitment to follow up and pledge to be personally available to them and others going forward.

2 hours ago - World

Biden huddles with European allies on Ukraine ahead of Putin call

Putin in the Kremlin. Photo: Grigory Sysoyev/Sputnik via Getty

President Biden will seek to convince Russia's Vladimir Putin in a phone call Tuesday that the price of invading Ukraine would be steeper than anything he's faced in the past.

Driving the news: Biden held a call on Ukraine this evening with the leaders of France, Germany, Italy and the U.K., while Secretary of State Tony Blinken called Ukrainian President Volodymyr Zelensky to offer America's "unwavering support."