EV startup Canoo files for bankruptcy

Canoo's bankruptcy and others like Lordstown Motors before it demonstrate a similar pattern. Fleets should take notice.
Despite orders from Walmart and NASA, the futuristic EV van startup struggled to get production rolling in Oklahoma.
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.
Oklahoma has tried unsuccessfully in recent years to lure other electric vehicle and battery manufacturers with big incentive ...
After racking up over $900 million in losses since 2022, the electric vehicle startup has filed for bankruptcy ...
Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle ...