Stitt pledged up to $15 million from the Quick Action Closing Fund to Canoo in 2022 on promises the startup electric vehicle company would build a factory and create hundreds of new jobs.

Months after relocating to North Texas from California, EV delivery van maker Canoo filed for bankruptcy in January.

The chief executive of Canoo Inc. has formed a company to acquire the assets of the bankrupt electric vehicle manufacturer for $4 million. Known as WHS Energy Solutions, the company founded by ...

The CEO of Canoo is buying nearly all of the defunct EV startup's assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase ...

(Reuters) - Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise ...

At least 50 former employees of the electric vehicle startup Canoo Inc. have filed a class-action lawsuit against the company and its affiliates, claiming the company violated federal labor laws ...

Canoo doesn't have the same instant brand recognition as Tesla, but it has slowly been building a loyal fanbase with its hard-working electric vehicles, designed to compete in the commercial ...