Canoo files for bankruptcy  

|

By Luke Willetts - 27th January 2025

Canoo files for bankruptcy  

Canoo LDV 130

USA / UK – Earlier this month, American light-duty EV manufacturer, Canoo Inc based in Justin, Texas filed for Chapter 7 bankruptcy* and ceased operations immediately. According to the company, Canoo faced rapid cash depletion and difficulties in securing additional funding due to uncertain demand for its microbus-inspired cargo vans.

Operational highlights

Become a subscriber to read article

Start free trial Already a subscriber? Click here to login.

Subscription Features

Unlimited Article Limits

Access to all articles published daily as well as Truck & Bus Builder archives.

Access Article Downloads

Tables, graphs and statistical information as well as government papers.

Premium Content

Including in depth market reports, feature articles and interviews with industry leaders.