Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

Tony Aquila, one of the company's largest investors ... You can read more about Canoo's history and the road that led it to bankruptcy in an article written by SFGATE tech reporter Stephen Council.

"Failing his way into millions of dollars at the cost of other people's jobs." CEO stirs controversy after allegedly ...

As more and more drivers around the world invest in electric vehicles, both existing automakers and startups have vied to get ...

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 ...

Justin, Texas-based electric vehicle startup Canoo announced Friday it had begun bankruptcy proceedings and ceased operations, effective immediately.

Canoo’s finances have been in the red for a long time. In 2022, company boss Tony Aquila was forced to comment on allegations that it was near death, attempting to reassure investors by saying ...

By 2023, it had even spent more on CEO Tony Aquila's private jet ($1.7 million) than it was taking in in annual revenues. In an official statement, Canoo acknowledged it had tried to find foreign ...

“We would like to thank the company’s employees for their dedication and hard work,” said Tony Aquila, Canoo CEO and one of the company’s largest investors (according to the press release).

“We are truly disappointed that things turned out as they did,” Canoo chairman and CEO Tony Aquila said in the announcement before thanking various government and business entities Canoo has ...

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...