EV startup Canoo files for bankruptcy and ceases operations | TechCrunch
Briefly

Canoo's bankruptcy filing highlights the challenges faced by new electric vehicle startups, particularly in securing funding and delivering products amidst a competitive industry landscape.
The company struggled throughout 2024 to get more than a few of its electric vans into the hands of prospective customers and suffered numerous executive departures.
Read at TechCrunch
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