On January 17, Canoo Inc. announced that it has filed a voluntary petition for relief under Chapter 7 of the U.S. Bankruptcy Code. The filing, made with the U.S. Bankruptcy Court for Delaware, will result in the federal appointment of a Bankruptcy Trustee to oversee the liquidation of the Company’s assets and the dis

Canoo will now be auctioning two unsold Lifestyle Delivery Vans (LDV) and two other prototypes, including an electric pickup truck, with starting bids set at USD 1, along with engineering and manufacturing equipment from its EV and battery assembly facilities in Oklahoma City and Pryor, Oklahoma, along with machinery

On December 18, Canoo announced the company has furloughed 82 employees, both salaried and hourly, and idling its factories in Oklahoma while it works to finalize securing the capital necessary to move forward with its operations.
In November, the company furloughed around 30 workers in Oklahoma City.
The facilities

On December 20, Canoo Inc. announced that it will effect a 1-for-20 reverse stock split of its common stock, becoming effective on December 24, 2024, when it begins trading on a split-adjusted basis. Canoo’s Common Stock will continue to trade on The Nasdaq Capital Market under the existing ticker symbol "GOEV."
As a

On November 7, Canoo Inc. announced that it will report its financial results for the third quarter ended September 30, 2024 after the market close on November 13.
Earlier in the month, Canoo announced that it has officially furloughed around 30 workers for at least 12 weeks from its facility in Oklahoma City, Oklaho

On September 24, Canoo, a high-tech advanced mobility company, announced its entry into the UK market by establishing a new legal entity, Canoo Technologies UK Limited, at Bicester Motion, a historic automotive campus in UK.
The new entity will strengthen Canoo's presence in the UK market and represents a significant

Canoo has now officially relocated its headquarters from Torrance, California, to Justin, Texas, a city around 25 miles of Fort Worth, where Canoo has maintained a corporate office.
Canoo had signed a five-year contract for the Justin facility owned by CEO Tony Aquila in 2021.
In its Q2 SEC filing, Canoo shared that

On August 14, Canoo Inc. announced its financial results for the second quarter of 2024.
Canoo says it is relocating its headquarters from California to Texas and has continued moving things to its Oklahoma City and Pryor, Oklahoma facilities “We are focused on left-hand drive and right-hand drive large fleet custome

On April 1, Canoo Inc. reported Q4 and fiscal year 2023 financial and operational results, saying : “In Q4 2023, we started our first commercial fleet customer deliveries from our Oklahoma City manufacturing facility while we continue to prepare the site for our 20,000 unit run-rate production target.”
The company:
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On April 2, Canoo Inc. announced it has signed a vehicle sales agreement with Jazeera Paints, a paint manufacturer in the Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA). 
Jazeera Paints will initially purchase 20 Canoo EVs into its fleet in 2024, with the option to expand up to 180 additional

On March 25, Canoo, a high-tech advanced mobility company, completed the acquisition of a substantial portion of the advanced manufacturing assets of Arrival Automotive UK Limited. The purchased assets will be shipped to Canoo’s manufacturing facilities in Oklahoma.
The acquisition expands Canoo’s capabilities to del

On December 29, the State of Oklahoma announced it has received its first three made-in-Oklahoma electric vehicles from Canoo as an innovative part of the state’s ongoing fleet modernization initiative. 
At a combined cost of USD 119,850 (USD 39,950 each), these three Lifestyle Delivery Vehicles (LDVs) are the first

On November 16, Canoo Technologies announced a contract with Los Angeles-based Prime Time Shuttle for the purchase of up to 550 electric vehicles over multiple years once production has started.
Prime Time Shuttle will purchase the Lifestyle Vehicle (LV) Premium model vehicles, adding to its fleet of luxury vehicles

Canoo Inc. announced that it will deliver its first electric vehicles made in Oklahoma to the state. The deliveries will mark the first step of Canoo’s phased-ramp manufacturing in Oklahoma. The company will deliver its Lifestyle Delivery Vehicle (LDV) models to fleet customers and partners in 2023 and will ramp up p

On November 10, Canoo Technologies introduced a new model, the American Bulldog.
The electric model is a derivative of the Screaming Eagle that was delivered to the U.S. Army for extensive testing in 2022 and emphasizes minimalism with maximum functionality for work, adventure, and service. 
Powered by Canoo’s contin

On August 14, Canoo Inc. announced its financial results for the second quarter of 2023.
“We are pleased to close the chapter involving the legacy SEC matter,” said Tony Aquila, Chairman and CEO at Canoo.  “Our facilities are nearing substantial completion as we’ve achieved a 20,000 unit run rate for our battery modu

On August 14, Canoo Technologies announced that it is launching its new Lifestyle Delivery Vehicle (LDV) 190, which fits between the LDV 130 and forthcoming larger Canoo MPDV, providing an entry into the Class 2 electric cargo van segment.
The LDV 190 shares the LDV 130’s same Multi-Purpose Platform (MPP) but with a

On August 14, Canoo announced it has finalized agreements on workforce and economic development incentives from the state of Oklahoma and the Cherokee Nation for its vehicle assembly and battery module manufacturing plants in Oklahoma City and Pryor, respectively. 
The estimated combined value of the incentive agreem

On April 10, Canoo Inc. announced it has entered into a long-term lease agreement with an affiliate of AFV Partners based in Argyle, Texas, for its recently announced Vehicle Manufacturing Facility in Oklahoma City.
Canoo expects to employ more than 500 people in Phase 1, initially occupying close to 500,000 square f

On February 6, Canoo Inc. announced that it has entered into definitive agreements with certain institutional investors for the purchase and sale of 50,000,000 shares of the Company's common stock at a combined purchase price of USD 1.05 per share and accompanying warrant.
The closing of the offering is expected to o