AssetBuilt Announces Major 8-Day Auction Event Featuring Former CANOO and ARRIVAL Assets

AssetBuilt is gearing up for a significant live auction event that will open its virtual doors on June 1, 2026. This eight-day event will not only leverage the power of live webcasting but also provide an extensive platform for online bids. Participants can expect an impressive array of former assets originating from CANOO’s Oklahoma City electric vehicle (EV) manufacturing facility, alongside contributions from ARRIVAL and other notable enterprises.

This auction offers industrial buyers, manufacturers, automation integrators, automotive suppliers, engineering firms, and more, a unique opportunity to procure late-model equipment and infrastructure integral to the modern EV manufacturing landscape. As Tara Shaikh, CEO of AssetBuilt, aptly states, "Over the course of eight auction days, buyers will have access to a broad and highly specialized range of former assets from CANOO's Oklahoma City operations. It's full-scale automation infrastructure, and we're truly excited to host a sale so comprehensive."

The auction will showcase a wide selection of assets including tools and equipment related to electronics testing and validation, robotic welding, material handling, smart fastening systems, and more. Notably, one highlight is the MANZ automated battery cell-to-module production line, a sophisticated system equipped with features for automation, robotic handling, and integrated control systems. The production line’s array of capabilities ranges from cell preparation to laser welding, ensuring a holistic approach towards EV battery manufacturing.

Participants will have access to assets originating from CANOO’s engineering lab, which will include various testing and diagnostic tools such as oscilloscopes, spectrum analyzers, along with prototype support technology. As the auction unfolds over the eight days, different batches will be made available, including exciting robotics offerings featuring late-model KUKA and Fanuc systems tailored for situations like automotive manufacturing and assembly automation.

An impressive list of brands and systems will be featured throughout the event, promising leading-edge technology to prospective buyers. Renowned names such as Tektronix, Cisco, FLUKE, and many others are set to be included, assuring participants of the quality and reliability of the offerings.

The auction is scheduled to run daily from June 1 to June 10, 2026, initiating each day at 10:00 AM CST. Interested parties are encouraged to register in advance through the AssetBuilt website. The auction guarantees an as-is offering, with detailed catalogs, payment terms, and necessary inspection requirements available for participants—ensuring a transparent and organized bidding process.

In conclusion, the CANOO Auction Event represents a pivotal moment in acquiring cutting-edge electric vehicle manufacturing assets. With a unique blend of high-tech equipment and automation systems, it promises to attract a range of buyers looking to enhance their operations or innovate their offerings in the EV space. Don’t miss this rare opportunity to be part of a transformational shift in the automotive landscape!

Topics Consumer Technology)

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