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Canoo, the electric vehicle startup that once promised to employ thousands of Oklahomans, filed for bankruptcy on Friday.
The move comes as the company failed to obtain support from the US Department of Energy's Loan Program Office.
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Struggling electric vehicle startup Canoo has filed for bankruptcy and ceased all operations.
JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.