In fact, the situation is so bad, on Friday, the company announced it’s voluntarily filed for relief under Chapter 7 in the ...
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.
Upstart electric automaker Canoo promised to build an adorable electric van. The California-based startup got some big-hitter ...
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...
The US electric car manufacturer Canoo has filed for Chapter 7 bankruptcy and will cease operations with immediate effect. A ...
Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
Following failed talks with investors, Canoo is insolvent. The US company builds electrically powered delivery vans.
Canoo, an electric car manufacturer, has filed for bankruptcy and plans to liquidate due to failure to secure financing and ...
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.