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.
Canoo Is the Latest EV Startup To File for Bankruptcy, but It Will Not Be the Last
EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh economic conditions
Texas EV startup Canoo files for bankruptcy, ends operations
Not long after moving its headquarters from California to Texas, EV startup Canoo is sinking. The 7-year-old company making pod-shaped electric vehicles announced late last week that it filed for bankruptcy and ceased operations.
After two years of operating in Oklahoma, EV manufacturer Canoo files for bankruptcy
Electric vehicle manufacturer Canoo announced it was filing for bankruptcy Friday. The Oklahoma government was not just a customer but also a de facto investor in Canoo, offering more than $100 million in incentives to bring facilities to the state.
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
A once-promising EV startup files for Chapter 7 bankruptcy
In a recent statement, EV startup Canoo revealed that it has filed for Chapter 7 bankruptcy and will "cease operations immediately." The struggling EV startup noted that it failed to secure “foreign sources of capital,
Dropping Like Flies: EV Startup Canoo Bites The Dust
Canoo, a weird EV startup based out of Texas (it used to be based in California) recently announced it has filed for Chapter 7 bankruptcy. In other words, it’s liquidation for the company in an attempt to satisfy debts and the end of the road.
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),
Up a creek without a paddle: Canoo files for bankruptcy
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.
Calif.-founded EV maker Canoo, once worth $2.4 billion, goes belly-up after moving to Texas
Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just ...
Canoo — North Texas-based EV startup with NASA, Walmart partnerships — ceases operations
Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations ...
Whatever happened to Canoo?
Canoo’s filing in the U.S. Bankruptcy Court for Delaware signals that operations ended Friday and the company’s assets will ...
Canoo craters and Trump comes for EVs
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EV startup Canoo has filed for bankruptcy
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
EV Maker Canoo Shuts Down
In late December, when TechCrunch reported that EV startup Canoo had just $700K in the bank and was putting its staff on a ...
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EV startup Canoo files for bankruptcy in US
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
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 ...