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.
Tony Aquila, chairman and CEO, expressed deep disappointment over the Canoo closure after failing to gather sufficient capital.
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...
Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
Electric vehicle start-up Canoo has declared bankruptcy and will cease operations immediately, seven years after its launch.
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
The US electric car manufacturer Canoo has filed for Chapter 7 bankruptcy and will cease operations with immediate effect. A ...