EV startup Canoo has filed for bankruptcy
EV startup Canoo has filed for bankruptcy Photo by NASA / Isaac WatsonCanoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware. The EV startup estimates in its filing that its assets are worth $126 million and that it owes over $164 million to its creditors, TechCrunch noted yesterday. Now, the US will appoint “a Bankrup…