Hyundai will build electric vehicles with EV startup Canoo

Image: Canoo Hyundai and Kia will build new electric vehicles based on the technological platform developed by California EV startup Canoo, the companies announced Tuesday. Terms of the deal were not disclosed.Canoo and Hyundai Motor Group, Hyundai and Kia’s parent company, will develop a new electric vehicle platform that’s based on the one that powers Canoo’s own vehicle, which was unveiled last year. This EV platform will power small, “cost-competitive” electric