Canoo, an electric car manufacturer, has filed for bankruptcy and plans to liquidate due to failure to secure financing and ...

The report follows Canoo’s announcement last week that it was idling its Oklahoma factories and furloughing employees while it worked “to finalize securing the capital necessary to move ...

Electric vehicle company Canoo has filed for Chapter 7 bankruptcy, citing an inability to secure federal loans or foreign investment.

(Reuters) - 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 ...