EV

EV startup Canoo files for Chapter 7 bankruptcy, will cease operations, liquidate assets

CANOO-02_i.jpg
Canoo reported a net loss of $165 million during the first nine months of 2024. It generated $1.5 million in revenue during that period. (CANOO)
RN
By:
Reuters News
January 19, 2025 02:49 PM

Featured Stories

Nissan will withdraw from integration with Honda, Nikkei says
Nissan will withdraw from integration with Honda, Nikkei says
Toyota will ramp up hybrid, EV output in U.S., China; plays wait-and-see on Trump tariffs
Toyota will ramp up hybrid, EV output in U.S., China; plays wait-and-see on Trump tariffs
Mexico tariffs would hit nearly a third of Nissan’s U.S. sales
Mexico tariffs would hit nearly a third of Nissan’s U.S. sales
Why suppliers have been more outspoken on Trump tariff concerns than automakers
Why suppliers have been more outspoken on Trump tariff concerns than automakers