In fact, the situation is so bad, on Friday, the company announced it’s voluntarily filed for relief under Chapter 7 in the ...

Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.

Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.

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

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 ...

Former CTO and at one point CEO of Canoo, Ulrich Kranz, went on to help run Apple’s car project before it was disbanded in 2024. But Canoo underwent numerous pivots after it went public and ...

Electric van startup Canoo has filed for bankruptcy and announced that it is ceasing operations “immediately” and liquidating ...

At the time of the agreement, Canoo had still not put any cars on the market for the public. The state received three vehicles in January 2024, costing just under $120,000. According to a press ...

In an official announcement released at 8:15PM last night, Walmart-backed electric van company Canoo filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code and will cease ...

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 ...

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 ...

Canoo said in its bankruptcy filing (and the filings for its subsidiaries) that it owes money to hundreds of creditors, and that it has more than $164 million in total liabilities. It claimed ...