The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Canoo was founded in late 2017 by a splinter group of executives who were fed up with the drama surrounding the other EV ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
Canoo unveiled its first vehicle, the LDV van, five years ago and went public a year later, raising an estimated $600 million ...
Canoo’s filing in the U.S. Bankruptcy Court for Delaware signals that operations ended Friday and the company’s assets will ...
Electric vehicle start-up Canoo has declared bankruptcy and will cease operations immediately, seven years after its launch.
Though it received and delivered orders, EV startup Canoo just filed for Chapter 7 bankruptcy and ceased operations after ...
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
Canoo, which makes pod-shaped electric vehicles, announced Friday that it filed for bankruptcy and ceased operations.
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to ...
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.