Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on the ...

Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware.

Canoo, the electric vehicle startup that once promised to employ thousands of Oklahomans, filed for bankruptcy on Friday.

"As a result of this filing, Canoo regrets to inform all stakeholders that it will cease operations effective immediately," ...

After racking up over $900 million in losses since 2022, the electric vehicle startup has filed for bankruptcy ...