Canoo filed for Chapter 7 bankruptcy after burning through hundreds of millions in losses. Harbinger alleges the asset sale unfairly benefited Canoo’s CEO without proper valuation. The sale may ...

OKLAHOMA CITY (KFOR) — Some former employees of bankrupt electric vehicle maker Canoo say they are now stuck with thousands of dollars in months-old medical bills their insurance plans through ...

Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle manufacturers that initially blossomed in the wake of Tesla’s success ...

The medium-duty electric vehicle space continues to get smaller. Seven-year-old electric vehicle startup Canoo has filed Chapter 7 bankruptcy and announced an immediate halt to 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 ...

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 ...

Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing ...

Canoo has also been hit with several collection lawsuits by suppliers over unpaid bills and late payments. It's likely a lack of solvent funds that's to blame: the company noted losses of $302 ...

OKLAHOMA CITY (KFOR) — A former high-level Canoo employee, speaking exclusively to News 4, says he is not shocked the company, which received major financial support from the State of Oklahoma ...

Canoo started strong, with orders for electric cargo vehicles from Walmart and the US Postal Service, as well as Department of Defense contracts. But it is now showing some signs of distress ...

Canoo is furloughing nearly a quarter of the workers it has left The startup says that this is a temporary but necessary move so it can grow Its future remains rocky and uncertain Canoo, that boxy ...

Canoo has a solid product strategy, focusing on a flexible vehicle platform and the underserved niche of light commercial vehicles. The company relies heavily on shareholder dilution for liquidity ...