Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

Canoo, an electric vehicle maker founded in California and once worth $2.4 billion, went bankrupt just months after laying ...

Canoo’s filing in the U.S. Bankruptcy Court for Delaware signals that operations ended Friday and the company’s assets will ...

Canoo was founded in late 2017 by a splinter group of executives who were fed up with the drama surrounding the other EV startup where they worked at the time, Faraday Future. Originally called ...

In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a “mandatory unpaid break,” it felt like there’s never been clearer ...

As more and more drivers around the world invest in electric vehicles, both existing automakers and startups have vied to get ...

Canoo, an EV startup founded in 2017, has filed for Chapter 7 bankruptcy and has ceased operations. The downfall came after the company failed to secure funding from both the U.S. Department of ...

Canoo files for Chapter 7 bankruptcy, seeking liquidation after failing to find more funding in recent months. The EV van startup, founded in 2017, pitched its futuristic EV to a number of large ...

Last March, the company also acquired the assets of another failed EV startup, Arrival. At the time, Canoo claimed to have purchased the assets at an 80% discount.

(Hand-out / Canoo) The boat has sunk for Justin-based EV startup Canoo. Canoo, the maker of roly poly-looking electric vans and trucks, announced Friday it had begun bankruptcy proceedings and ...