Canoo

EV startup Canoo places remaining employees on a ‘mandatory unpaid break’

Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the […]

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Canoo furloughs workers and idles factory as it scrapes for cash

Struggling EV startup Canoo says it has furloughed 82 employees and is idling its factory in Oklahoma while it grasps for the capital needed to survive. The company claims it is in “advanced discussions with various capital sources” to raise emergency funding. The announcement comes just a few days after board member James Chen resigned,

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Canoo’s latest loss, tales from Waymo riders, and what a Trump win means for Elon (and his companies) 

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! We’re just two days past the election, and there is already a ton of speculation about what another Trump presidency will mean for transportation and tech —

Canoo’s latest loss, tales from Waymo riders, and what a Trump win means for Elon (and his companies)  Read More »

Canoo’s CFO and top lawyer are the latest executives to leave

EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans. CFO Greg Ethridge and general counsel Hector Ruiz both resigned from Canoo on October 31, the company announced Tuesday

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Canoo hit with two supplier lawsuits as last remaining co-founder leaves

EV startup Canoo has been hit with two new lawsuits from suppliers linked to the drivetrains that power its electric vehicles, just weeks after the company kicked off a major reorganization that included the departure of its chief technology officer. Canoo has also parted ways with senior director of advanced vehicle engineering Christoph Kuttner, who

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Uber cozies up to more AV companies, Canoo loses another founder and Waymo sees potential in teen riders

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! The EV industry sure is rough and tumble these days. And it’s affecting every company, from the legacy automakers like Ford to the upstarts.  Take Polestar, for

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Ford pivots on EVs, Waymo doubles its robotaxi ridership and Canoo leaves California

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Monterey Car Week is a wrap. And while it is still steeped in tradition, the collection of parties, auctions and car shows that were held throughout the

Ford pivots on EVs, Waymo doubles its robotaxi ridership and Canoo leaves California Read More »