Canoo files for Chapter 7 bankruptcy, seeking liquidation after failing to find more funding in recent months. The EV van startup, founded in 2017, pitched its futuristic EV to a number of large ...

Canoo, an EV startup founded in 2017, has filed for Chapter 7 bankruptcy and has ceased operations. The downfall came after the company failed to secure funding from both the U.S. Department of ...

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 ...

Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle manufacturers that initially blossomed in the wake of Tesla’s success ...

Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas ...

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 ...

Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...

GM has one less potential competitor in the electric vehicle market as EV startup Canoo, noted for its distinctively bulbous compact vehicles and its modular EV platform, has filed for Chapter 7 ...

The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to ...

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 ...