USA Today2d
Canoo, the electric vehicle startup that was promised $100 million in incentives, files for bankruptcy
Canoo, the electric vehicle manufacturer that once promised to employ 2,000 Oklahomans, announced Friday night it declared bankruptcy with plans to liquidate all assets. The filing, made in the ...
Carscoops3d
Canoo Goes Bust With Less Than $50,000 Left And Millions In Debt
Canoo filed for Chapter 7 bankruptcy after burning through cash and failing to secure funding. Despite high-profile backing, it failed to secure financial support from U.S. or foreign investors ...
Oklahoma's News2d
Canoo files for bankruptcy, will cease operations immediately
OKLAHOMA CITY (KFOR) — Canoo announced on Friday the company has filed for Chapter 7 bankruptcy and will immediately cease operations. The company’s filing for bankruptcy comes weeks after ...
TechCrunch4d
EV startup Canoo files for bankruptcy and ceases operations
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 ...
Yahoo Finance3d
Canoo Inc. (GOEV)
Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise additional ...