Published 12:54 IST, April 2nd 2024
Canoo's disappointing 2024 revenue forecast sparks sharp decline in shares
The EV industry is facing headwinds as higher interest rates dampen consumer interest, which are typically more expensive than traditional vehicles.
![Canoo revenue forecast](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/canoo-171204265392016_9.webp)
Canoo revenue forecast | Image:
Canoo
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12:54 IST, April 2nd 2024