Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all 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.
Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
Tony Aquila, chairman and CEO, expressed deep disappointment over the Canoo closure after failing to gather sufficient capital.
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
In fact, the situation is so bad, on Friday, the company announced it’s voluntarily filed for relief under Chapter 7 in the ...
Canoo shares are falling after the company furloughed 82 employees and idled its Oklahoma factories while securing capital to address financial challenges.
Lidar is the technology that’s going to unlock eyes-off, hands-free driving. In Europe, the company at the forefront of ...