Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
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 ...
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.