Canoo, EV

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 Bankruptcy Court.
Canoo Files for Bankruptcy, Ending Its Dream of Funky EV Vans
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and beginning plans to liquidate its assets.
EV company Canoo announces bankruptcy, closure
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes the proceeds to its creditors. It estimates its assets at US$126 million, but it owes more than US$164 million to its creditors.
EV Maker Canoo Files for Chapter 7 Bankruptcy
Electric van startup Canoo announced it has filed a voluntary petition for Chapter 7 bankruptcy, which will liquidate company assets and distribute proceeds to creditors.
EV Startup Canoo Files For Bankruptcy After NASA, USPS, Walmart Partnerships Bear Little Fruit
Tony Aquila, chairman and CEO, expressed deep disappointment over the Canoo closure after failing to gather sufficient capital.
Electric van startup Canoo files for bankruptcy
Electric van startup Canoo has filed for bankruptcy and announced that it is ceasing operations “immediately” and liquidating its assets. The America
EV Startup Canoo Files for Chapter 7 Bankruptcy
Electric vehicle (EV) startup Canoo announced on Friday that it will file for Chapter 7 bankruptcy, ceasing operations effective immediately. The company, known for its innovative microbus-inspired cargo vans,
EV startup Canoo files for bankruptcy right before Donald Trump’s inauguration
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to be denied at the last moment.
Canoo Inc. files for Chapter 7 bankruptcy
Canoo Inc., an automotive company specializing in motor vehicle parts and accessories, has filed for Chapter 7 bankruptcy, according to a recent 8-K filing with the Securities and Exchange Commission.
Canoo capsizes, joining the growing list of EV startup casualties
Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle ...
Canoo Hung on This Long, but Is Now Shutting Down
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
New Atlas29d
Canoo's future looks uncertain amid lawsuits and furloughed workers
but has so far reportedly not sold a single one to the retail giant It's not like Canoo can't find takers – but it can't seem to get its EVs out the door. It even landed a deal with commercial ...
Carscoops28d
Canoo Halts Operations With ‘Mandatory Unpaid Break’
A former high-level employee claims Canoo lied about building EVs in its Oklahoma factory. The company is facing lawsuits and furloughs, leaving the future of the EV brand uncertain. Canoo seems ...
Green Car Reports1mon
Canoo reportedly places remaining employees on "mandatory unpaid break"
That's coincided with a change in direction under current CEO Aquila, who pivoted Canoo from its original plan of selling van-like EVs on a subscription basis toward commercial vehicles.