Home cars Canoo files bankruptcy, claiming funding shortfalls

Canoo files bankruptcy, claiming funding shortfalls

3
0

Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations. The startup announced its filing for Chapter 7 bankruptcy on Jan. 17 in the U.S. Bankruptcy Court for Delaware. This will result in the federal appointment of a trustee to oversee the liquidation of Canoo’s assets and distribution of proceeds to…

Previous articleGWM Ora 3 picks up £6,000 price cut, plus new flagship GT model
Next articleMichigan State Police put first EV into patrol fleet