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 ...
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.
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
GOEV's story serves as a cautionary tale for other startups navigating the complex and competitive EV industry.
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 ...
Upstart electric automaker Canoo promised to build an adorable electric van. The California-based startup got some big-hitter ...
Canoo, an electric car manufacturer, has filed for bankruptcy and plans to liquidate due to failure to secure financing and ...