The filing comes just weeks after Canoo idled its factory and laid off workers. In 2022, the company claimed it had more than 60,000 orders. 18,000 of those, including 4,500 from Walmart, it said ...

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.

Canoo, it seems, can’t. The upstart electric vehicle maker that focused on commercial and fleet clients, including NASA, has filed for Chapter 7 bankruptcy and ceased operations. In a press ...

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.

The EV startup had some promising designs, but things didn’t pan out in the end. Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric ...

Electric vehicle maker Canoo forecast 2024 revenue well below analyst expectations on Monday, amid a broader slowdown in demand for battery-powered cars that has hit startups and forced major ...

Separately, Canoo also paid Aquila Family Ventures $1.7 million in 2023, $1.1 million in 2022 and $500,000 in 2021 for shared services support in its Justin, Texas, corporate office facility ...

Canoo currently expects "to scale manufacturing" of its vans in 2024 at its Oklahoma plant, which currently employs over 100 workers but is designed to support up to 1100.

Canoo reports quarterly adjusted losses of $1.73 per share which beat the analyst consensus estimate of losses of $1.77 by 2.26%. Quarterly sales clocked in at $367,000 which missed the analyst ...