EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
More Canoo: The VW Microbus-esque Lifestyle Vehicle was the first Canoo to break cover, and a simpler delivery-van version of ...
The difference between them and Canoo is that they have access to capital. Rivian raised cash from Volkswagen, while Lucid is backed by Saudi Arabia, a country with “unlimited” sums of money.