Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
Following failed talks with investors, Canoo is insolvent. The US company builds electrically powered delivery vans.
In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a ...
US electric vehicle (EV) startup Canoo has filed for bankruptcy and has ceased operations with immediate effect, seven years ...
Electric van maker Canoo, which was due to begin UK sales in spring 2025, has filed for bankruptcy and announced it is ceasing operations with immediate effect.
Despite developing an electric ute and van and delivering models to NASA and US defence, Texas based EV start-up Canoo has ...
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...
Electric vehicle (EV) startup Canoo announced on Friday that it will file for Chapter 7 bankruptcy, ceasing operations ...
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...