It’s not looking good for Bollinger Motors. News has emerged that the company is struggling to pay its bills while employees note that their paychecks have been delayed.
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The Shifting Sands of EV Truck Deposits: Unpacking the Financial Risks for Dealers and the Broader Market Implications
The growing electric vehicle market, especially the much-anticipated electric truck market, is a complicated situation with ...
You’d think that as long as I’ve been in this business, having witnessed countless broken hearts when an automotive start-up goes belly up, that I’d quit rooting for underdogs when logic and history ...
It’s not unusual for a flashy EV startup to crash and burn, but Canoo’s spectacular flameout has been anything but clean. After filing for Chapter 7 bankruptcy in January and halting operations ...
Modular EV startup Canoo has had a rough go of things over the past few years, and its journey might well be at its bitter end. CEO Anthony Aquila is set to acquire the bankrupt firm's assets for a ...
Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas, the ...
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! We’re just a few days into a new ...
Electric vehicle maker Canoo Inc., which said it would make Northwest Arkansas its headquarters but didn't deliver, has filed for Chapter 7 bankruptcy protection. The company, based in Texas, filed ...
The Jan. 17 headline wasn’t unexpected: “Independent EV Maker Canoo Files for Bankruptcy.” Just a month ago, the company had furloughed employees and idled its factories while it looked for capital to ...
Canoo files for Chapter 7 bankruptcy, seeking liquidation after failing to find more funding in recent months. The EV van startup, founded in 2017, pitched its futuristic EV to a number of large ...
Another electric vehicle (EV) startup from the pandemic boom has folded. The EV market had been a hotbed of innovation and optimism, particularly for startups eager to replicate the success of ...
Canoo, once a promising startup with a unique electric vehicle and orders from the likes of the U.S. Postal Service and the Department of Defense, has filed for bankruptcy and ceased all operations.
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