The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to ...
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...
The EV start-up had at one point allegedly been in conversations with Apple and had signed contracts with both NASA and ...
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has ...
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh ...
Canoo was founded in 2017 by two former Faraday Future executives, changing its name from Evelozcity in 2019. That same year, ...
Electric vehicle (EV) startup Canoo announced on Friday that it will file for Chapter 7 bankruptcy, ceasing operations ...
In a press release announcing the filing, Canoo said it was unable to get funding from the Department of Energy’s Loan ...