Seven-year-old electric vehicle startup Canoo has filed for Chapter 7 bankruptcy and announced an immediate halt to operations weeks after it furloughed its remaining workers and idled its Oklahoma factory.

Canoo, the electric vehicle startup that once promised to employ thousands of Oklahomans, filed for bankruptcy on Friday.

US electric van manufacturer Canoo has become the latest innovative vehicle start-up to file for bankruptcy after failing to secure vital funding. Canoo had inked deals to sell its pod-like electric van to high-profile customers such as the United States Postal Service (USPS),

US electric vehicle (EV) startup Canoo has filed for bankruptcy and has ceased operations with immediate effect, seven years after it was founded. Billing itself as “an advanced high-tech mobility company”,

Canoo, which makes pod-shaped electric vehicles, announced Friday that it filed for bankruptcy and ceased operations.

Unable to secure any funding from the U.S. Department of Energy’s Loan Program Office (or, apparently from other sources, including international investors), Canoo will cease all operations effective immediately,

Upstart electric automaker Canoo promised to build an adorable electric van. The California-based startup got some big-hitter backing in its early years, including a deal to develop platforms with Hyundai and talks with Apple for its planned car.

EV startups are dying left and right, with Canoo the latest to file for bankruptcy after struggling to stay afloat in harsh economic conditions

Electric vehicle manufacturer Canoo announced it was filing for bankruptcy Friday. The Oklahoma government was not just a customer but also a de facto investor in Canoo, offering more than $100 million in incentives to bring facilities to the state.

Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.

The company had been in talks for the same kind of loan from the Biden administration that Rivian was just awarded, only to be denied at the last moment.