Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas ...

Canoo files for Chapter 7 bankruptcy, ceasing operations and beginning asset liquidation after failing to secure vital funding. Despite partnerships with NASA and Walmart, Canoo's stock has fallen ...

Side view of the Canoo delivery van. Back in 2022, we polled GM Authority readers on whether they thought it would be a good idea for GM to build an EV van similar to Canoo’s LV (Lifestyle Vehicle).

Last March, the company also acquired the assets of another failed EV startup, Arrival. At the time, Canoo claimed to have purchased the assets at an 80% discount.

Right before EV critic Donald Trump takes office as the next President, Texas-based Canoo informed shareholders on Friday it was ceasing all operations and filing for bankruptcy.

Another cheap EV, called the ID.2all, which is supposed to come out in 2026, is based on the E3 1.1 architecture and software developed by VW’s software unit Cariad, according to our source.

Texas-based Canoo, which was originally founded in California, has filed for liquidation bankruptcy under Chapter 7 of the U.S. Bankruptcy Code. In its recent announcement, the company said it was ...

Electric vehicle maker Canoo Inc., which said it would make Northwest Arkansas its headquarters but didn't deliver, has filed for Chapter 7 bankruptcy protection. The company, based in Texas ...

Canoo’s factory is shown in Oklahoma City. An Oklahoma lawmaker has filed a bill that would ban electric vehicle makers from receiving cash from a governor-controlled state incentive program ...

EV Startups’ Survival Crisis: From Buzz to Bust The rise of EV startups was largely inspired by Tesla’s success, with many hoping to replicate its rapid growth. Between 2020 and 2021, a number ...