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 owners in the full lifecycle of the electric vehicle”.
Canoo had developed an electric ute and van and successfully delivered models to names such as NASA, the US Department of Defence, and the US Postal Service.
Only one vehicle was shipped to the public, however, the Canoo Lifestyle Vehicle, with deliveries beginning towards the end of 2023. The five- or seven-seat…
