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

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 ...

Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...

The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and ...

Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...

Things aren’t looking good for the EV startup Canoo. The company had big plans to produce electric trucks and vans that were quite different from the designs we’re used to. Originally called ...

When General Motors announced its Hummer EV, the internet replied with horror and mockery. Those who laughed saw it as a fundamental contradiction. If you want an environmentally friendly EV, why ...

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 ...

Another electric vehicle startup has taken extreme measures to continue operations as it seeks financing. Canoo, which builds electric commercial vehicles and has touted large sales of delivery ...

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 is having a very unmerry Christmas. Remaining employees of the beleaguered U.S. electric vehicle startup have been placed on a "mandatory unpaid break" according to TechCrunch, with no view ...