The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon ...

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 ...

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 ...

Three Crew Transportation Vehicles delivered by Justin, Texas-based Canoo to NASA's Kennedy Space Center in Florida in July 2023 for use in NASA's Artemis II mission.(Hand-out / Canoo) The boat ...

A federal Bankruptcy Trustee will now oversee the liquidation of Canoo’s assets. Credit: Natali _ Mis/Shutterstock. Electric vehicle (EV) startup Canoo has filed for Chapter 7 bankruptcy ...

Canoo, the quirky electric vehicle startup with one of the most unusual names in the automotive business is in dire financial trouble. In fact, the situation is so bad, on Friday, the company ...

Canoo filed for Chapter 7 bankruptcy after burning through cash and failing to secure funding. Despite high-profile backing, it failed to secure financial support from U.S. or foreign investors ...

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 is one such startup that's had a tumultuous few years but now, after dodging death countless times, it's got a new delivery van out on the road that I can't help but fall in love with.

Canoo Pickup Truck. Courtesy of Canoo Conversations like these are where Canoo, founded in 2017, tried to strike out as different. Canoo pushed its truck’s cabin right to the front, its wheels right ...

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 ...