Bollinger Motors isn't alone as it grapples with a difficult EV market. Many firms were struggling well before President ...

Canoo was set to take the EV world by storm with its uniquely designed pickup truck. But the company's now filed for ...

In a surprising twist to America’s efforts to reduce reliance on China for critical minerals, Oklahoma is fast emerging as a pivotal player in refining essential elements for the energy transition.

Tony Aquila promised Canoo would be the entry point for a bright future in the EV industry in deals struck in Oklahoma, Arkansas, Michigan and Wisconsin.

Lucid Motors was once labeled a “Tesla-killer” by many on the Street. The company’s founder and former CEO, Peter Rawlinson, ...

The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon ...

The EV manufacturer earned a $110 million gross profit at its core automotive business in the fourth quarter, a milestone ...

Final thoughts Whatever initial promise Canoo showed, it’s hard to see what the diminutive EV start-up had to offer that larger, better-funded manufacturers could not. Today, battery-electric ...

Canoo is the latest EV startup to go bankrupt after merging with a special purpose acquisition company (SPAC) as a shortcut to going public. Electric Last Mile Solutions was the first in June 2022.

Unfortunately, Canoo is not the last EV startup to close shop, only the latest. According to a Wall Street Journal report, at least 18 EV and battery startups were projected to run out of cash in ...