Flexis already has commitments from big names like Colis Prive, Hived and DB Schenker, and estimates a potential demand of up ...

Flexis Mobility burst onto the scene last year as a joint venture between Renault Group, Volvo Group, and shipping company ...

Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

The Stargate AI project has prominent and wealthy backers, but $500 billion in spending could still prove to be a heavy lift.

According to photos posted by the Redmond Police Department, a vehicle left the road, crashed through a fence and toppled a ...

Canoo Inc., an automotive company specializing in motor vehicle parts and accessories, has filed for Chapter 7 bankruptcy, according to a recent 8-K filing with the Securities and Exchange Commission.

The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...

The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.

Canoo, the electric vehicle manufacturer that ... they’ve really been insolvent for quite a while.” He said the EV market in the Sooner State isn’t nearly as robust as many believe. “ ...

Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise additional ...

Canoo calls it quits after years of struggle. Canoo calls it quits after years of struggle. Wes Davis is a weekend editor who covers the latest in tech and entertainment. He has written news ...

(Reuters) – Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise ...