Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to ...
In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a ...
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 ...