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Technology@lemmy.worldEnglish • 2 months ago

Calif.-founded EV maker Canoo, once worth $2.4 billion, goes belly-up after moving to Texas

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Calif.-founded EV maker Canoo, once worth $2.4 billion, goes belly-up after moving to Texas

mesa to

Technology@lemmy.worldEnglish • 2 months ago

Calif.-founded carmaker, once worth $2.4B, goes belly-up after moving to Texas

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.

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Dave
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13•2 months ago
I wonder if Texas has better bankruptcy laws.
- @karpintero@lemmy.world
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  2 months ago
  Filing for bankruptcy in Delaware where they were incorporated
  
  https://investors.canoo.com/news-presentations/press-releases/detail/159/canoo-inc-announces-chapter-7-bankruptcy-filing

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