Canoo seems to be up a creek without a paddle. On December 18, the company sent its employees home on a “mandatory unpaid break,” which is set to last through the end of 2024. As of now, the outlook ...

EV startup Canoo is in dire straights and has revealed that 30 of its employees will be furloughed for 12 weeks. While furloughing 30 workers may not seem like much, it represents 23% of its factory ...

OKLAHOMA CITY (KFOR) — A former high-level Canoo employee says he is not shocked the company, which received major financial support from the State of Oklahoma, furloughed all its employees and ...

Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations. The startup announced its filing for Chapter 7 bankruptcy on Jan. 17 in the U.S. Bankruptcy Court for ...

OKLAHOMA CITY (KFOR) — Furloughed Oklahoma City Canoo workers said they haven’t heard back from the company after it said it would contact them regarding extending health care coverage for a month.

Craig has worked in automotive media for nearly 20 years, producing content for publications ranging from Autoline and AutoGuide to Roadshow by CNET and EV Pulse. Aside from writing, he’s also ...

Canoo is running out of cash, with $5.7 million in cash & short-term investments and a $43 Mln loss. I think the company will face issues in raising more funds. Canoo raised $383 million in net debt ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. OKLAHOMA CITY (KFOR) — Following a News 4 ...

OKLAHOMA CITY (KFOR) — Canoo announced on Wednesday the company has furloughed 82 employees and will idle its factories in Oklahoma. In a news release, the company says both salaried and hourly ...

There are a lot of electric vehicle startups designing a lot of cool looking EVs, each having varying levels of success. Canoo is one such startup that's had a tumultuous few years but now, after ...

Jan. 3—Canoo, an electric vehicle manufacturer, wangled $1 million out of Oklahoma's coffers before closing its doors and furloughing all of its employees at the new plant in Pryor. In 2023, Gov.

When General Motors announced its Hummer EV, the internet replied with horror and mockery. Those who laughed saw it as a fundamental contradiction. If you want an environmentally friendly EV, why ...