In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a ...

Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.

In fact, the situation is so bad, on Friday, the company announced it’s voluntarily filed for relief under Chapter 7 in the ...

The Ford F-150 going electric is a big deal, not least because the regular one has been North America’s best-selling vehicle ...

The money will help the privately-held company build up production capacity at its Garden Grove plant, plus expand certain ...

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 ...

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 ...

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 ...

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 ...

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 ...