Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click ...

The electric vehicle startup has filed for bankruptcy and will “cease operations immediately” after failing to secure capital ...

Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...

Canoo, the electric vehicle manufacturer that ... The company ultimately furloughed and laid off most of its workforce. The impact of the bankruptcy on $1 million in incentives already provided ...

Upstart electric automaker Canoo promised to build an adorable electric van. The California-based startup got some big-hitter backing in its early years, including a deal to develop platforms with ...

As a result of the chapter 7 filing, Canoo will cease operations effective immediately, 8:15PM on 17JAN2025. The next step in the company’s dissolution will see a court-appointed trustee manage the ...

Another electric vehicle (EV) startup from the pandemic boom has folded. The EV market had been a hotbed of innovation and optimism, particularly for startups eager to replicate the success of ...

Canoo, the quirky electric vehicle startup with one of the most unusual names in the automotive business is in dire financial trouble. In fact, the situation is so bad, on Friday, the company ...

OKLAHOMA CITY (KFOR) — Canoo announced on Friday the company has filed for Chapter 7 bankruptcy and will immediately cease operations. The company’s filing for bankruptcy comes weeks after ...

and employees were laid off. State and local incentives for the company were tied to employment, which Canoo had been building up—until it appears to have run out of money to continue.

Canoo's story, though brief, illustrates the challenges facing electric vehicle startups. Between innovation and economic reality, the road to success remains strewn with pitfalls.