Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas, the ...
We haven’t heard much from Canoo lately, but it appears things aren’t going well. Quite the opposite as a local television station has found the company is being sued for missed payments. According to ...
One of the highlights from my trip to the Kennedy Space Center Visitor's Center a few years ago was the chance to check out two of NASA's astronaut transfer vans chilling out by the Saturn V rocket ...
Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced ...
EV startup Canoo is in dire straights and has revealed that 30 of its employees will be furloughed for 12 weeks. While furloughing 30 workers may not seem like much, it represents 23% of its factory ...
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 ...
Electric vehicle startup Canoo has placed its remaining employees and what it calls a "mandatory unpaid break" through at least the end of the year, TechCrunch reports. The report cites an email sent ...
Facing financial troubles, Canoo furloughed some manufacturing workers at its Oklahoma City facility until 2025. The light-duty EV fleet startup seeks more capital despite recent earnings improvements ...
Canoo is running out of cash, with $5.7 million in cash & short-term investments and a $43 Mln loss. I think the company will face issues in raising more funds. Canoo raised $383 million in net debt ...
EV startup Canoo Inc (NASDAQ:GOEV) is moving its headquarters from California to Texas, replicating the move from EV giant Tesla Inc. in 2021. What Happened: Canoo said earlier this month that it is ...
OKLAHOMA CITY (KFOR) — Canoo announced on Wednesday the company has furloughed 82 employees and will idle its factories in Oklahoma. In a news release, the company says both salaried and hourly ...