Canoo Partners with GCC Olayan

Canoo Partners with GCC Olayan

Through the partnership agreement, GCC Olayan will be the exclusive distributor of Canoo EVs in Saudi Arabia.

Advanced mobility company Canoo announced it signed an exclusive agreement with general contracting company GCC Olayan, multi-national subsidiary of Olayan Saudi Holding Company (OSHCO), for the sale, service and distribution of Canoo fleet solutions in Saudi Arabia.

GCC Olayan has been a distributor of premier brands in Saudi Arabia for more than 75 years and is the founding company of the global Olayan Group, Canoo says.

The first phase of the agreement is for the sale, distribution, service maintenance and repair of Canoo vehicles. Additionally, Canoo and GCC Olayan will work to develop a joint venture to launch a digital vehicle ecosystem for service maintenance repair, local assembly and eventually manufacturing, the companies say.

“It has been an honor to work with the Olayan group companies over many years. Our agreement to bring Canoo’s award-winning vehicles to the region is grounded in our mutual commitment to customer service,” said Tony Aquila, Canoo chairman & CEO. “The Olayan Group is a global business leader with decades of experience in distribution partnerships with some of the world’s leading brands and they are a proven partner to support EVs in the region.”

Canoo says its vehicles are built on the company’s proprietary multi-purpose platform (MPP) architecture that integrates all high-tech components such as the motors, battery module and other critical driving components. Engineered with true steer-by-wire technology, Canoo vehicles have reduced moving parts and cabin intrusion, resulting in more usable interior space, better driver ergonomics and the addition of a panoramic window to improve road visibility. The modular design also facilitates the ability to localize the offering and provides for a scalable local manufacturing approach, the company adds.

You May Also Like

Neusoft Launches Global In-Vehicle Intelligence Solution

OneCoreGo 5.0 made its debut at Auto China 2024 and aims to enhance in-vehicle experiences with AI-driven solutions.

Car-Technology-1-generic-1400

At the Auto China 2024, Neusoft Corp. launched its latest version of OneCoreGo Global In-Vehicle Intelligent Mobility Solutions, version 5.0, highlighting its progress in the field of AI and automotive technology. This launch is part of Neusoft's strategy to develop intelligent solutions.

Neusoft, active since the 1990s, has expanded its product line with the latest release, enhancing its in-vehicle ecosystem. The product suite includes One Map, One Sight, and One Store, aiming to improve the mobility experience and support automakers worldwide in offering advanced in-vehicle experiences.

Apollo Tyres Adds to EU Lineup

The EnduMile LHT, the company’s most durable and fuel-efficient trailer tire, is now available in a 385/55 R22.5 format.

Apollo-Tire-new-EU-sizes-1400
Blink Charging UK, Evri Collaborate to Electrify Courier Fleet

EV chargers installed at Rugby enhance Evri’s sustainability efforts, supporting a greener future in parcel delivery across the UK.

blink_rugby_398-1400
Brembo Reaches 75% Renewable Energy Use Globally

The company’s CO2 emissions fall as Brembo presents activities and results achieved in every area of ESG.

brembo hackathon
New 17-ton Rotary Pit Lift Released in Europe, Middle East, Africa

The lift can adjust to fit different pit sizes, while maintaining the ability to pick up, lift and support heavy-duty vehicles.

Rotary-pit-lift-600

Other Posts

EVgo Recognized with 1st Place Leadership Award

The Los Angeles Dept. of Water & Power honored EVgo for its commitment to transportation electrification, at LADWP’s 9th-annual Sustainability Awards event.

EVGo Award
ChargeTronix Appoints VP of Operations, EV Fleet Sales Manager

Stephen Israel becomes vice president of operations and Christopher McNamara is the new EV fleet sales manager.

Chargetronix
Honda to Establish EV Value Chain in Ontario, Canada

It will strengthen EV supply system and capability with an eye toward a future increase in EV demand in North America, Honda said.

Honda to Establish EV Value Chain in Ontario, Canada
Mobis Starts Construction of EV Battery System Plant in Spain

The new EV battery system plant will supply Volkswagen and is aiming for mass production by 2026.

mobis-battery-system-Factory-1400