{"id":157142,"date":"2025-01-18T12:57:52","date_gmt":"2025-01-18T12:57:52","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=3140342"},"modified":"2025-01-18T12:57:52","modified_gmt":"2025-01-18T12:57:52","slug":"canoo-goes-bust-with-less-than-50000-left-and-millions-in-debt","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2025\/01\/18\/canoo-goes-bust-with-less-than-50000-left-and-millions-in-debt\/","title":{"rendered":"Canoo Goes Bust With Less Than $50,000 Left And Millions In Debt"},"content":{"rendered":"

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Canoo filed for Chapter 7 bankruptcy after burning through cash and failing to secure funding.<\/li>\n
Despite high-profile backing, it failed to secure financial support from U.S. or foreign investors.<\/li>\n
The electric vehicle startup said it has liabilities ranging from $10 million to $50 million.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n
Another EV startup has hit the skids. Following the recent downfalls of Lordstown Motors<\/a> and Fisker, both of which each filed for<\/a> various degrees of bankruptcy protection, Canoo announced late Friday that it would file for Chapter 7 bankruptcy and cease operations immediately. After years of promises and prototypes, Canoo is officially out of juice. Even its public website seems to have been shut down, as it now redirects to the investor page, signaling the end.<\/p>\n
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