Canoo's bankruptcy and others like Lordstown Motors before it demonstrate a similar pattern. Fleets should take notice.
Canoo filed for Chapter 7 bankruptcy after burning through cash and failing to secure funding. Despite high-profile backing, it failed to secure financial support from U.S. or foreign investors ...
Seven-year-old electric vehicle startup Canoo has filed for Chapter 7 bankruptcy and announced an immediate halt to operations weeks after it furloughed its remaining workers and idled its Oklahoma ...
The fledgling EV maker filed under Chapter 7 in the U.S. American electric vehicle startup Canoo Inc. has filed for Chapter 7 bankruptcy and brought to an end its operations. The decision entails ...