Canoo files for bankruptcy
By Luke Willetts - 27th January 2025
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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