EV startup Canoo files for bankruptcy

Canoo stock price crashed by over 70% on Tuesday after the electric vehicle company filed for bankruptcy, as we had warned ...
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to ...
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.
EV start-up declares bankruptcy It seems the only thing Canoo is canoeing into is bankruptcy court. The EV startup, once ...
Canoo filed for Chapter 7 bankruptcy after burning through cash and failing to secure funding. Despite high-profile ...