Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...
"As a result of this filing, Canoo regrets to inform all stakeholders that it will cease operations effective immediately," ...
Several parties have expressed interest in buying the platform, but ByteDance has repeatedly said it does not plan to sell. Experts have also noted the Chinese government is unlikely to approve a sale ...
Canoo Inc. has filed for Chapter 7 bankruptcy, marking the end of its operations. The filing was made with the U.S.