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Canoo Files for Chapter 7 Bankruptcy After Years of Inflated Promises

Written by Cláudio Afonso | LinkedIn | X Canoo, the EV startup founded in 2017, announced on Friday that it has filed for voluntary relief under Chapter 7 of the U.S. Bankruptcy Code, resulting in the immediate shutdown of operations. The filing comes after the company failed to secure additional funding. Canoo had purchasing agreements with …

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