Seven-year-old electric vehicle startup Canoo has filed for Chapter 7 bankruptcy and announced an immediate halt to operations weeks after it furloughed its remaining workers and idled its Oklahoma ...

Canoo Inc., an automotive company specializing in motor vehicle parts and accessories, has filed for Chapter 7 bankruptcy, according to a recent 8-K filing with the Securities and Exchange Commission.

Canoo, an EV startup founded in 2017, has filed for Chapter 7 bankruptcy and has ceased operations. The downfall came after the company failed to secure funding from both the U.S. Department of ...

US electric vehicle (EV) startup Canoo has filed for bankruptcy and has ceased operations with immediate effect, seven years after it was founded.

Canoo share price has crashed to a record low. The shares may continue falling as it faces bankruptcy risks. Canoo has run out of cash and furloughed its employees. Canoo stock price sits at a ...