Canoo, an electric vehicle maker founded in California and once worth $2.4 billion, went bankrupt just months after laying ...
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
Canoo, which makes pod-shaped electric vehicles, announced Friday that it filed for bankruptcy and ceased operations.
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to ...
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...
Canoo’s filing in the U.S. Bankruptcy Court for Delaware signals that operations ended Friday and the company’s assets will ...
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...
Canoo unveiled its first vehicle, the LDV van, five years ago and went public a year later, raising an estimated $600 million ...
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle manufacturers that initially blossomed in the wake of Tesla’s success ...