Canoo Partners With AVL To Build Software For Electric Vehicle Safety Features

Canoo Inc GOEV has partnered with AVL to develop, test, and validate Advanced Driver Assistance Systems (ADAS) software for its Lifestyle Vehicle.
The technology provides an intuitive human interface that gives vehicle feedback to notify and empower drivers to make safer choices on the road.
AVL will support Canoo in developing ADAS features that fully sync with Canoo's native and proprietary platform design and electrical architecture.
Canoo will own the software and ensure security, safety, compliance, and compatibility across vehicles, beginning with the Lifestyle Vehicle.
Canoo's Lifestyle Vehicle will start production in late 2022 and have Level 2 ADAS functionality at launch.
Price Action: GOEV shares are trading higher by 1.88% at $7.57 on the last check Thursday.

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