US EV start-up Canoo files for bankruptcy, immediately ceases operations
Texas based electric vehicle (EV) start-up Canoo announced last week that it was filing for bankruptcy and would immediately cease operations. Founded in 2017 as Evelozcity, the company was renamed in 2019 with a goal of “reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that spans all…