Canoo, an electric vehicle maker founded in California and once worth $2.4 billion, went bankrupt just months after laying ...
Canoo, which makes pod-shaped electric vehicles, announced Friday that it filed for bankruptcy and ceased operations.
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Canoo was founded in late 2017 by a splinter group of executives who were fed up with the drama surrounding the other EV ...
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 ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
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 ...
As more and more drivers around the world invest in electric vehicles, both existing automakers and startups have vied to get ...
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.