Electric vehicle startup Canoo declares Chapter 7 bankruptcy. The company is ceasing operations and will liquidate its assets ...

Canoo, an EV startup founded in 2017, has filed for Chapter 7 bankruptcy and has ceased operations. The downfall came after the company failed to secure funding from both the U.S. Department of ...

The medium-duty electric vehicle space continues to get smaller. Seven-year-old electric vehicle startup Canoo has filed Chapter 7 bankruptcy and announced an immediate halt to operations.

Three Crew Transportation Vehicles delivered by Justin, Texas-based Canoo to NASA's Kennedy Space Center in Florida in July 2023 for use in NASA's Artemis II mission.(Hand-out / Canoo) The boat ...

The decision by Canoo not to seek protection from creditors but to enter liquidation suggests there was no confidence among the board or investors that the company could restructure its balance ...