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Canoo’s CEO is buying the bankrupt EV startup’s assets
The CEO of Canoo is buying nearly all of the bankrupt EV startup's assets, according to a court filing. A new entity controlled by the CEO, Anthony
The startup, which went public in 2020 as part of a merger with a special purpose acquisition company, never sold more than a handful of its electric vans to government entities like NASA, the United States Postal Service, and the Department of Defense, before it failed. As long as it goes through, Aquila’s new entity — called WHS Energy Solutions, Inc. and created in Delaware — will receive Canoo’s manufacturing equipment, completed vehicles, intellectual property, contracts, and other inventory and assets. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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