News on 66h
Canoo to liquidate after struggling to scale up production in Oklahoma
Canoo, an electric car manufacturer, has filed for bankruptcy and plans to liquidate due to failure to secure financing and ...
autoevolution13h
Canoo Is the Latest EV Startup To File for Bankruptcy, but It Will Not Be the Last
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
Hosted on MSN11d
After Canoo shuttered plants, a bill seeks to keep other EV companies from getting state cash
An Oklahoma lawmaker has filed a bill that would ban electric vehicle makers from receiving cash from a governor-controlled ...
American Cars and Racing on MSN2d
Canoo Sinks: American Electric Van Startup Files For Bankruptcy
Texas-based electric vehicle startup Canoo has gone bankrupt after seven years of trying to launch a bubble-shaped van and ...
EV startup Canoo places remaining employees on a ‘mandatory unpaid break’
Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the ...
Canoo furloughs workers and idles factory as it scrapes for cash
Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive.
Business Insider21d
Canoo (GOEV) was downgraded to a Hold Rating at Stifel Nicolaus
Stifel Nicolaus analyst Stephen Gengaro downgraded Canoo (GOEV – Research Report) to a Hold yesterday and set a price target of $0.50. The company’s shares closed yesterday at $1.37.
The Norman Transcript10d
After Canoo shuttered factories, a bill seeks to keep other EV companies from getting cash from a state incentive program
An Oklahoma lawmaker has filed a bill that would ban electric vehicle makers from receiving cash from a governor-controlled ...