A business that was once the focus of Oklahoma's economic development efforts has gone under. Electric car manufacturer Canoo filed for bankruptcy late Friday. The company said in court documents ...

OKLAHOMA CITY (KFOR) — Canoo announced on Friday the company has filed for Chapter 7 bankruptcy and will immediately cease operations. The company’s filing for bankruptcy comes weeks after ...

Canoo Inc., the electric vehicle startup that came to the state in 2021 and had facilities in Oklahoma City and Pryor announced Friday it has filed for Chapter 7 bankruptcy. The company said it ...

The EV startup signed partnerships and pilot programs with USPS, US Army, NASA, and the state of Oklahoma but could only deliver a handful of the vehicles it promised. Canoo burned over $1 billion ...

Canoo was promised more than $100 million in state incentives for meeting hiring and performance incentives. The deal was a victory for Stitt on heels of Oklahoma losing a bidding war for Tesla to ...

The company generated $0 revenue in 2022 and only about $900,000 in 2023, roughly a third of which come from Oklahoma, which bought three locally made electric vans. In the meantime, Canoo piled ...

Jan 18, 2025 Jan 18, 2025 Updated Jan 19, 2025 0 Canoo Inc., the electric vehicle startup with plans for EV production in Oklahoma City and battery production in Pryor and an agreement to sell the ...

Upstart electric automaker Canoo promised to build an adorable electric ... and a later plan to move into an existing building in Oklahoma City. The company has finally succumbed to that big ...

Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

Instead, the company spent years trying to stand up multiple manufacturing facilities in Oklahoma. Aquila’s own financial firm appeared to benefit from his post atop the company. In 2023, Canoo ...

Walmart signed on for 4,500 LDVs in 2022, and even the U.S. Army was hooked, leading to Canoo refitting its pickup trucks to Light Tactical Vehicles. The state of Oklahoma, where Canoo’s ...