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A view shows the Canoo logo on a Canoo LV (Lifestyle Vehicle) electric vehicle outside a manufacturing site in Livonia, Michigan, U.S. November 29, 2022. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

EV startup Canoo files for bankruptcy, to cease operations

The EV startup has been facing rapid cash burn and a struggle to secure funding amid uncertain demand.

By Reuters17 Jan 2025Reuters

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A view shows the Canoo logo on a Canoo LV (Lifestyle Vehicle) electric vehicle outside a manufacturing site in Livonia, Michigan, U.S. November 29, 2022. REUTERS/Rebecca Cook/File Photo
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