Canoo

Canoo
Crisis and Opportunity: A Major Shift in Electric Vehicle Manufacturing? What Canoo’s Moves Signal for the Future.

Crisis and Opportunity: A Major Shift in Electric Vehicle Manufacturing? What Canoo’s Moves Signal for the Future.

An Inevitable Evolution in Electric Vehicle Manufacturing The electric vehicle industry, once a realm of dreams and ambitions, now faces stark realities as exemplified by Canoo’s recent struggles. With a drastic decision to auction crucial manufacturing equipment and enact widespread layoffs, Canoo
January 14, 2025
Big Trouble for Canoo! What’s Up for Auction?

Big Trouble for Canoo! What’s Up for Auction?

Canoo, the electric vehicle manufacturer, is hitting a new low. The company is auctioning engineering and manufacturing equipment from its Oklahoma facilities after announcing significant layoffs that impacted nearly the entire workforce. An online auction organized by BidItup is scheduled for January
December 29, 2024