Canoo Engineering AG Salary

Canoo Engineering AG Salary

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As of April 2026, the average annual salary for employees at Canoo Engineering AG in the United States is $120,437. This translates to an approximate hourly wage of $58. Salaries at Canoo Engineering AG typically range from $105,921 to $136,206 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Canoo Engineering AG

Ready for your next career move? Explore current job openings at Canoo Engineering AG. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Canoo Engineering AG’s Pay Competitive? Salary Benchmarking Analysis

How does Canoo Engineering AG's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Toyota Motor Manufacturing $97,727
-18.9%
Toyota Motor Manufacturing may offer non-monetary perks in lieu of competitive base salaries.
Elma Electronic Inc $116,228
-3.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Industrial Safety Technologies LLC $108,845
-9.6%
Industrial Safety Technologies LLC likely leverages performance bonuses over the high base salary shown here.
HIGER BUS Company Ltd $115,036
-4.5%
HIGER BUS Company Ltd focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+1.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Canoo Engineering AG's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Canoo Engineering AG. Click a company name to learn more.

Employee Reviews: Working at Canoo Engineering AG

Considering a career at Canoo Engineering AG? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It’s a rewarding environment for those seeking career development. Recognition programs celebrate hard work regularly. I enjoy the structure here. Overtime is sometimes required during busy periods. It's motivating to be part of a team that manufactures products recognized globally for their reliability and innovation.
Commented in March 22, 2025
25
3
I'm proud to be part of this manufacturing team. It’s rare to find such a structured yet flexible environment. On the upside, the job is low-stress, and the hours are steady. Truly values its workforce, evident in its comprehensive benefits package and competitive compensation. Onboarding is smooth, and the work becomes second nature quickly. There’s minimal innovation, but the company functions r...
Commented in October 20, 2024
15
2
Highly recommended environment. Flexibility in shifts depends on management, leading to mixed experiences. Employees are encouraged to participate in continuous improvement programs and cross-functional training.
Commented in February 06, 2024
33
2

Canoo Engineering AG Overview

Website
www.canoo.com
Founded In
2017
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
19951 Mariner Ave Torrance California CA 90503
Revenue
$200 Million - $500 Million
Phone Number
-
Social Media
About Canoo Engineering AG
Canoo's mission is to bring EVs to Everyone. The company has developed breakthrough Multi-Purpose Platforms and digital ecosystems that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans the full lifecycle of the vehicle. Distinguished by its experienced team from leading technology and automotive companies - Ca

What Benefits Does Canoo Engineering AG Offer Beyond Salary?

A competitive compensation package is more than just a salary. Canoo Engineering AG offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Torrance?

Understanding the cost of living near Torrance is key to truly evaluating a salary offer or your current compensation at Canoo Engineering AG.
Torrance's Cost of Living Index is approximately 159.2 (59.2% more expensive than US average; 13.9% more than CA average). South Bay LA County city, high housing costs due to desirable location, good schools, and proximity to beaches/employment. When planning your budget based on a salary from Canoo Engineering AG, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,200+ A significant portion of Canoo Engineering AG salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Torrance Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,650 - $5,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Canoo Engineering AG

1. What is the typical salary range (low to high) for most roles at Canoo Engineering AG?

The typical annual salary range for most roles at Canoo Engineering AG is approximately from $105,921 to $136,206. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Canoo Engineering AG pay compared to Toyota Motor Manufacturing?

The average annual salary at Canoo Engineering AG is $120,437, or an hourly wage of $58, in comparison to Toyota Motor Manufacturing which pays $97,727 per year or $47 per hour.

3. Do salaries differ significantly between departments at Canoo Engineering AG?

Yes, salaries often differ between departments at Canoo Engineering AG due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Canoo Engineering AG?

Experience level is a significant factor in determining salary at Canoo Engineering AG, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Canoo Engineering AG in Torrance is fair given the local cost of living?

To determine if a salary offer from Canoo Engineering AG in Torrance is fair, first compare the gross salary to our data for similar roles at Canoo Engineering AG and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Torrance" to understand its purchasing power.

6. What factors influence salary increases at Canoo Engineering AG?

Salary increases at Canoo Engineering AG are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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