April 26, 2021—Canoo is in rocky territory with news that its CEO Ulrich Kranz resigned.

The Verge reports that Tony Aquila is the new CEO. The company's chief lawyer and chief financial officer recently resigned as well. The company recently merged with a special purpose acquisition company.

Canoo was in the news recently when a major production partnership with Hyundai failed to materialize. 

Image: Canoo