EV startup Canoo files for Chapter 7 bankruptcy, will cease operations, liquidate assets
EV startup Canoo files for Chapter 7 bankruptcy, will cease operations, liquidate assets - Shorts Cars
The company, which makes cargo vehicles for large commercial, government and fleet customers globally, has been dealing with rapid cash burn for more than two years.
The company, which makes cargo vehicles for large commercial, government and fleet customers globally, has been dealing with rapid cash burn for more than two years.
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