Canoo Files for Bankruptcy, Ending Its Dream of Funky EV Vans
The startup, founded in 2017 and focusing on electric commercial vehicles, has run out of money, ceasing operations and beginning plans to liquidate its assets.
US electric van start-up Canoo files for bankruptcy
US electric van manufacturer Canoo has become the latest innovative vehicle start-up to file for bankruptcy after failing to secure vital funding. Canoo had inked deals to sell its pod-like electric van to high-profile customers such as the United States Postal Service (USPS),
Electric vehicle startup Canoo files for bankruptcy, ceases operations
Seven-year-old electric vehicle startup Canoo has filed for Chapter 7 bankruptcy and announced an immediate halt to operations weeks after it furloughed its remaining workers and idled its Oklahoma factory.
EV company Canoo announces bankruptcy, closure
Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes the proceeds to its creditors. It estimates its assets at US$126 million, but it owes more than US$164 million to its creditors.
Canoo files bankruptcy, claiming funding shortfalls
Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.
EV Maker Canoo Files for Chapter 7 Bankruptcy
Electric van startup Canoo announced it has filed a voluntary petition for Chapter 7 bankruptcy, which will liquidate company assets and distribute proceeds to creditors.
E-car startup Canoo files for insolvency
Following failed talks with investors, Canoo is insolvent. The US company builds electrically powered delivery vans.
EV startup Canoo files for bankruptcy and ceases operations
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court.
Canoo Inc. files for Chapter 7 bankruptcy
Canoo Inc., an automotive company specializing in motor vehicle parts and accessories, has filed for Chapter 7 bankruptcy, according to a recent 8-K filing with the Securities and Exchange Commission.
Canoo Hung on This Long, but Is Now Shutting Down
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Canoo — North Texas-based EV startup with NASA, Walmart partnerships — ceases operations
The boat has sunk for Justin, Texas-based EV startup Canoo. Canoo, the maker of roly poly-looking electric vans and trucks, ...
Canoo capsizes, joining the growing list of EV startup casualties
Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle ...
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Once-Promising Canoo Is The Latest EV Startup To Fall Apart
Upstart electric automaker Canoo promised to build an adorable electric van. The California-based startup got some big-hitter backing in its early years, including a deal to develop platforms with ...
Canoo Goes Bust With Less Than $50,000 Left And Millions In Debt
After racking up over $900 million in losses since 2022, the electric vehicle startup has filed for bankruptcy ...