A once-promising EV startup files for Chapter 7 bankruptcy
In a recent statement, EV startup Canoo revealed that it has filed for Chapter 7 bankruptcy and will "cease operations immediately." The struggling EV startup noted that it failed to secure “foreign sources of capital,
Texas EV startup Canoo files for bankruptcy, ends operations
Not long after moving its headquarters from California to Texas, EV startup Canoo is sinking.  The 7-year-old company making pod-shaped electric vehicles announced late last week that it filed for bankruptcy and ceased operations.
EV startup Canoo has filed for bankruptcy
Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware. The EV startup estimates in its filing that its assets are worth $126 million and that it owes over $164 million to its creditors, TechCrunch noted yesterday.
EV startup Canoo files for bankruptcy and ceases operations
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company is liquidating its assets in a
EV Startup Canoo Files For Chapter 7 Bankruptcy
Though it received and delivered orders, EV startup Canoo just filed for Chapter 7 bankruptcy and ceased operations after failing to secure needed financing.
EV startup Canoo files for bankruptcy right before Donald Trump’s inauguration
The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to be denied at the last moment.
Canoo capsizes, joining the growing list of EV startup casualties
Texas-based EV startup Canoo filed for Chapter 7 bankruptcy Friday, joining a growing list of failed electric vehicle manufacturers that initially blossomed in the wake of Tesla’s success, albeit one that required six years before realizing a quarterly profit.
Canoo stock collapses, these EV companies could be next
Canoo stock price crashed by over 70% on Tuesday after the electric vehicle company filed for bankruptcy, as we had warned many times before, here, here, and here. GOEV stock fell by over 72% following the Chapter 7 filing.
EV Startups Struggle to Stay Afloat: Canoo Becomes Latest Victim
Another electric vehicle (EV) startup from the pandemic boom has folded. The EV market had been a hotbed of innovation and optimism, particularly for startups eager to replicate the success of industry leader Tesla TSLA.
Video: Canoo Is The First EV Startup To Fail In 2025
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EV startup Canoo files for bankruptcy in US
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
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EV Startup Canoo Files for Bankruptcy, to Cease Operations
(Reuters) - Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise ...