Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Following failed talks with investors, Canoo is insolvent. The US company builds electrically powered delivery vans.
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a ...
Formed in California in 2017, Canoo set out to create a range of electric vans that put cutesy styling on the same pedestal as technological prowess. As such, its pickup truck was an adorable ...
Despite developing an electric ute and van and delivering models to NASA and US defence, Texas based EV start-up Canoo has ...
Texas-based electric vehicle startup Canoo has gone bankrupt after seven years of trying to launch a bubble-shaped van and ...
US electric vehicle (EV) startup Canoo has filed for bankruptcy and has ceased operations with immediate effect, seven years ...
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...