Electric van maker Canoo, which was due to begin UK sales in spring 2025, has filed for bankruptcy and announced it is ceasing operations with immediate effect.
The company says it was in discussions with “foreign sources of capital,” but ultimately decided to file for insolvency.
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Last week, Canoo announced that it had filed for bankruptcy and had "ceased operations". Canoo had recently moved their headquarters from California to Justin, TX in North Texas. Below is a video from ...