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 ...

Oklahoma has tried unsuccessfully in recent years to lure other electric vehicle and battery manufacturers with big incentive ...

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 ...

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 ...

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 ...

The EV startup signed partnerships and pilot programs with USPS, US Army, NASA, and the state of Oklahoma but could only deliver a handful of the vehicles it promised. Canoo burned over $1 billion ...

Even more fatally, Canoo generated just $1.5 million in revenues in the first three quarters of 2024. Despite tax incentives of up to $100 million promised by the state of Oklahoma, where Canoo ...

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 ...