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.
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
Unable to secure any funding from the U.S. Department of Energy’s Loan Program Office (or, apparently from other sources, ...
Electric vehicle startup Canoo declares Chapter 7 bankruptcy. The company is ceasing operations and will liquidate its assets ...
Following failed talks with investors, Canoo is insolvent. The US company builds electrically powered delivery vans.
Canoo, an electric car manufacturer, has filed for bankruptcy and plans to liquidate due to failure to secure financing and ...
US electric vehicle (EV) startup Canoo has filed for bankruptcy and has ceased operations with immediate effect, seven years ...
Electric vehicle start-up Canoo has declared bankruptcy and will cease operations immediately, seven years after its launch.
Plus, electric vehicle startup Canoo has ceased operations and filed for bankruptcy, and General Motors faces an engine probe ...
The EV company furloughed workers and idled factories, then reversed its stock. Now, its manufacturing and engineering ...