The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
A federal Bankruptcy Trustee will now oversee the liquidation of Canoo’s assets. Credit: Natali _ Mis/Shutterstock. Electric vehicle (EV) startup Canoo has filed for Chapter 7 bankruptcy ...
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...
Electric vehicle startup Canoo declares Chapter 7 bankruptcy. The company is ceasing operations and will liquidate its assets ...
Electric vehicle start-up Canoo has declared bankruptcy and will cease operations immediately, seven years after its launch.