The list of failed EV startups grows as Canoo files for bankruptcy and shuts down operations

[Redaktion]

Electric vehicle startup Canoo has filed for Chapter 7 bankruptcy and ceased operations, citing less than $50,000 in assets against liabilities of up to $50 million. Despite initial promise and partnerships with major organizations, the company struggled with strategic shifts, funding issues, and governance challenges.

https://www.notebookcheck.net/The-list-of-failed-EV-startups-grows-as-Canoo-files-for-bankruptcy-and-shuts-down-operations.949161.0.html

[KenMac]

Very thorough and well-written article. Thanks!