A heartbreaking waste: this American startup had the potential to lead electric transportation, but a staggering debt shattered its dreams

Despite a promising start and prestigious contracts, Canoo, an American start-up specializing in electric utility vehicles, has officially filed for bankruptcy. Canoo was meant to compete with giants like Tesla while offering a more rugged touch. Unfortunately, the company, which aimed to revolutionize transportation with bold technical innovations, failed to realize its ambitions in a … Continue reading A heartbreaking waste: this American startup had the potential to lead electric transportation, but a staggering debt shattered its dreams