OKLAHOMA CITY (KFOR) — Electric vehicle company Canoo is facing a breach of contract lawsuit after allegedly failing to pay communications firm Saxum, according to court documents filed on Wednesday.
OKLAHOMA CITY (KFOR)— A furloughed Canoo employee, speaking exclusively to News 4, claims the company has not paid employees thousands of dollars it owes them for expensed purchases and did not pay ...
OKLAHOMA CITY (KFOR) — Some furloughed and former Canoo employees are raising more concerns this week, this time having to do with Canoo’s CEO and a separate company he owned, which they say never ...
An engineer who worked, for now, bankrupt electric car manufacturer Canoo is sharing what they say were indicators the company was inching closer to a freefall. Now, the company is liquidating its ...
Shares of electric vehicle maker Canoo tumbled more than 25% in trading Tuesday after the company reported a fourth quarter loss and said it would be cautious as it began to bring its vehicles to ...
OKLAHOMA CITY (KFOR) — Canoo announced on Wednesday the company has furloughed 82 employees and will idle its factories in Oklahoma. In a news release, the company says both salaried and hourly ...
EV startup Canoo is in dire straights and has revealed that 30 of its employees will be furloughed for 12 weeks. While furloughing 30 workers may not seem like much, it represents 23% of its factory ...
Canoo has a solid product strategy, focusing on a flexible vehicle platform and the underserved niche of light commercial vehicles. The company relies heavily on shareholder dilution for liquidity, ...
Canoo is running out of cash, with $5.7 million in cash & short-term investments and a $43 Mln loss. I think the company will face issues in raising more funds. Canoo raised $383 million in net debt ...
Canoo's done with California and will now be based out of Texas Two of the three founders have left Canoo Canoo changed its business model to focus on commercial applications Canoo is planning to ...
DETROIT (Reuters) - Canoo Inc on Thursday said Executive Chairman Tony Aquila will take over as chief executive, and the electric vehicle startup outlined a push to roll out its own vehicles. Aquila, ...
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