Electric vehicle manufacturer Canoo announced it was filing for bankruptcy Friday. The Oklahoma government was not just a ...
Canoo, an electric car manufacturer, has filed for bankruptcy and plans to liquidate due to failure to secure financing and ...
A business that was once the focus of Oklahoma's economic development efforts has gone under. Electric car manufacturer Canoo filed for bankruptcy late Friday. The company said in court documents ...
Oklahoma has tried unsuccessfully in recent years to lure other electric vehicle and battery manufacturers with big incentive ...
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 ...
Former CTO and at one point CEO of Canoo, Ulrich Kranz, went on to help run Apple’s car project before it was ... multiple manufacturing facilities in Oklahoma. Aquila’s own financial firm ...
The company generated $0 revenue in 2022 and only about $900,000 in 2023, roughly a third of which come from Oklahoma, which bought three locally made electric vans. In the meantime, Canoo piled ...
Canoo was promised more than $100 million in state incentives for meeting hiring and performance incentives. The deal was a victory for Stitt on heels of Oklahoma losing a bidding war for Tesla to ...
OKLAHOMA CITY (KFOR ... At the time of the agreement, Canoo had still not put any cars on the market for the public. The state received three vehicles in January 2024, costing just under ...