Calif.-founded carmaker, once worth $2.4B, goes belly-up after moving to Texas
www.sfgate.com
Canoo, an electric vehicle maker founded in California and once worth $2.4 billion, went bankrupt just months after laying off workers and moving to Texas.
  • nickwitha_k (he/him)English
    17•2 months ago

    Sad. I was rooting for their weird-looking trucks, though they looked more and more like vapor-ware.

    • @Ilovethebomb@lemm.eeEnglish
      -4•2 months ago

      There’s a reason why vehicles look the way they do, and why EVs and ICE vehicles look similar, and it’s because that’s what customers want.

      I look very suspiciously at a car company whose product looks radically different from everyone else.