Is evelozcity still in business 2019? In March 2019 the company was renamed from Evelozcity to Canoo. In July 2019, Karl-Thomas Neumann left Canoo while remaining as an investor in the company. In September 2019, the company presented its first vehicle prototype, the electric van Canoo.Where is evelozcity located? The company is located in Torrance, California, near Los Angeles, California . Canoo was founded in 2017 under the name Evelozcity by Stefan Krause and Ulrich Kranz. Krause worked for Deutsche Bank as its chief financial officer while Kranz worked for BMW as a senior executive.What is evelozcitys plan for the future? To hold down costs and simplify production, EVelozcity plans to have its three core models – a personal commuter car, a last-mile urban delivery vehicle and a dedicated rideshare vehicle – come off a shared flat floor pan, or skateboard, a concept that’s been kicking around the auto industry for more than a decade.What happened to evelozcity and canoo? After a number of other Faraday Future staffers jumped ship to join Evelozcity, Jia sued the new rival startup, and claimed that Krause improperly poached employees and had them steal trade secrets on the way out the door. That lawsuit was eventually settled, and in March of this year, Evelozcity rebranded to Canoo.