Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just ...

Canoo’s NASA Crew Transports Get Ready for Takeoff In November 2024 Canoo laid off almost a quarter of its staff amid growing signs that the startup was in trouble, even after a few seemingly ...

Canoo's bankruptcy and others like Lordstown Motors before it demonstrate a similar pattern. Fleets should take notice.

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

Canoo filed voluntarily under Chapter 7 of the U.S. Bankruptcy Code, which liquidates the company’s assets and distributes ...

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 ...

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 ...

Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations. The startup announced its filing for Chapter 7 bankruptcy on Jan. 17 in the U.S. Bankruptcy Court for ...

In a not-so-unexpected move, Canoo announced on Friday that it had filed for Chapter 7 bankruptcy and is ceasing operation immediately. The EV startup is the latest to call it quits in the face of ...

and employees were laid off. State and local incentives for the company were tied to employment, which Canoo had been building up—until it appears to have run out of money to continue.

Not long after moving its headquarters from California to Texas, EV startup Canoo is sinking ... for nearly 60 other employees to be laid off instead of offered relocation.