Oxa, an autonomous vehicle technology provider, has partnered with Sunderland City Council to deliver self-driving solutions as part of the city’s latest smart transport initiative. The project ...
Launched in January 2023, the autonomous vehicles campus shuttle service connects Ngee Ann Polytechnic’s campus locations to King Albert Park and Clementi MRT stations, operating autonomously on ...
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company is liquidating its assets in a Chapter 7 proceeding in the Delaware ...
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 ...
Now, the US will appoint “a Bankruptcy Trustee to oversee the liquidation of the Company’s assets and the distribution of proceeds to creditors,” Canoo writes. The company says it chose to ...
A federal Bankruptcy Trustee will now oversee the liquidation of Canoo’s assets. Credit: Natali _ Mis/Shutterstock. Electric vehicle (EV) startup Canoo has filed for Chapter 7 bankruptcy ...
Canoo, the quirky electric vehicle startup with one of the most unusual names in the automotive business is in dire financial trouble. In fact, the situation is so bad, on Friday, the company ...
In a not-so-unexpected move, Canoo announced on Friday that it had filed for Chapter 7 bankruptcy and is ceasing operation immediately. The EV startup is the latest to call it quits in the face of ...
OKLAHOMA CITY (KFOR) — Canoo announced on Friday the company has filed for Chapter 7 bankruptcy and will immediately cease operations. The company’s filing for bankruptcy comes weeks after ...