Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
Electric van startup Canoo announced it has filed a voluntary petition for Chapter 7 bankruptcy, which will liquidate company ...
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and beginning plans to liquidate its assets.
Another electric vehicle (EV) startup from the pandemic boom has folded. The EV market had been a hotbed of innovation and optimism, particularly for startups eager to replicate the success of ...
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.
Tony Aquila, chairman and CEO, expressed deep disappointment over the Canoo closure after failing to gather sufficient capital.
In fact, the situation is so bad, on Friday, the company announced it’s voluntarily filed for relief under Chapter 7 in the ...
Sales of new electric cars fell in the European Union last year, according to new data released by industry body the ACEA.