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JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.

Canoo's bankruptcy and others like Lordstown Motors before it demonstrate a similar pattern. Fleets should take notice.

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, 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 ...

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

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 ...

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 ...

The boat has sunk for Justin, Texas-based EV startup Canoo. Canoo, the maker of roly poly-looking electric vans and trucks, ...

In an official announcement released at 8:15PM last night, Walmart-backed electric van company Canoo filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code and will cease ...