EV startup Canoo files for bankruptcy

The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
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The US electric vehicle manufacturer Canoo has filed for Chapter 7 bankruptcy and will cease operations immediately. This ...
Canoo filed for Chapter 7 bankruptcy after burning through cash and failing to secure funding. Despite high-profile ...
The electric vehicle startup has filed for bankruptcy and will “cease operations immediately” after failing to secure capital ...
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