EV Startup Canoo Partners with University of Wisconsin-Madison on Next-Gen Technologies

American electric vehicles (EV) startup Canoo Inc has recently signed a memorandum of understanding (MoU) with the University of Wisconsin-Madison to accelerate advances in EV technologies while lowering the overall cost of the vehicle.

As per the MoU, the two organizations will collaborate toward the development of a Canoo research center at UW-Madison, for advancing research in electric propulsion technologies to increase EV utility while reducing burdens on finite natural resources.

The partnership, further, intends to create a leading pipeline for propulsion technology as well as on and off-grid operations.

Commenting on the partnership, Tony Aquila, Chairman and CEO of Canoo, said “we are launching a multi-university research and development program designed to further critical research and catalyze innovation to support the manufacture of electric vehicles. This program will enhance U.S. competitiveness and benefit the entire industry while simultaneously advancing our IP.”

Founded in 2017, Canoo has been known for its innovative, future-forward functional designs, with a lifestyle vehicle, a delivery van and a pickup truck. The company focuses on building productivity solutions that span owners across the full vehicle lifecycle.

UW-Madison’s College of Engineering has been leading the effort on behalf of the university. In addition to a research partnership, Canoo will develop a talent pipeline by offering internships and other opportunities for undergraduate and graduate students.

“This new model allows for greater engagement with students, stronger connections to leading faculty and cutting-edge research, and access to state-of-the-art university equipment and resources,” said Rebecca Blank, Chancellor of UW-Madison.

University of Wisconsin System President, Tommy G. Thompson, said “the UW System is the state’s largest economic engine and the agreement marks another great opportunity to use UW-Madison’s world-class research to drive innovation that changes lives for the better.”