News

The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon ...
Canoo filed for Chapter 7 bankruptcy after burning through hundreds of millions in losses. Harbinger alleges the asset sale unfairly benefited Canoo’s CEO without proper valuation. The sale may ...
Canoo, a California-founded electric vehicle company that plummeted from a $2.4 billion valuation to a complete shutdown, is finding fresh drama in bankruptcy court, where an old rival just called ...
Electric trucking company Harbinger has filed an objection to the sale of Canoo’s assets to its CEO, potentially throwing a wrench into the two-month-old bankruptcy case. Harbinger’s objection ...
notes Canoo CEO Tony Aquila. "The multi-purpose platform with steer-by-wire technology and a unique low-profile suspension system allows for a readily configurable right-hand drive system," says ...