The company says it was in discussions with “foreign sources of capital,” but ultimately decided to file for insolvency.
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Last week, Canoo announced that it had filed for bankruptcy and had "ceased operations". Canoo had recently moved their headquarters from California to Justin, TX in North Texas. Below is a video from ...
Plus, VinFast’s shareholders are getting fed up with its mounting losses and Jeep recalled more than 60,000 Cherokees over power loss issues.
Canoo, a weird EV startup based out of Texas (it used to be based in California) recently announced it has filed for Chapter ...
US electric van manufacturer Canoo has become the latest innovative vehicle start-up to file for bankruptcy after failing to ...