EV Maker Canoo 'Goes Belly-Up After Moving to Texas'

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By EditorDavidJan 25, 2025, 1:34 pm193 ptsTrendingTop
2021: "Automotive Startup Canoo Debuts a Snub-Nosed Electric Pickup" 2025: Canoo "Goes Belly-Up After Moving to Texas" "Its production volumes paled in comparison to Canoo's rate of cash burn, which was substantial, with net losses in 2023 totaling just over $300 million..." reports AutoWeek. "It was able to…

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