Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle ...

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

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

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

Canoo shares are falling after the company furloughed 82 employees and idled its Oklahoma factories while securing capital to address financial challenges.