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... Canoo files bankruptcy, claiming funding shortfalls
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...