Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a
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Another casualty of the EV SPAC craze of yesteryear. Private equity is a machine that turns promising ventures into private jet flights.
Building vehicles solely for the rental market always was a strange way to go about running a business, from what I remember, the plan was to build and operate a rental fleet, but not sell them to individuals?
I thought those looked cool.
