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NASA and the United States Postal Service have stopped using electric vans made by now-bankrupt EV startup Canoo, despite the former CEO's claim that he would provide support for the vehicles.

The judge in Canoo's bankruptcy case has blocked an attempt by a mysterious financier to disrupt the sale of the EV startup's assets.

A mysterious investor out of London has asked a bankruptcy judge in Delaware to stop the sale of EV startup Canoo's assets to its CEO, calling it a “flawed” process.

The sale of bankrupt EV startup Canoo's assets to its CEO has been approved by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair and that no one else but Canoo CEO Anthony Aquila made a bid.

The sale of bankrupt EV startup Canoo's assets to its CEO has been okayed by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair, and that no one else but Canoo CEO Anthony Aquila made a bid.

Electric trucking company Harbinger has filed an objection to the sale of Canoo's assets to its CEO, potentially throwing a wrench into the two-month-old bankruptcy case.

The CEO of Canoo is buying nearly all of the bankrupt EV startup's assets, according to a court filing.

GOEV's story serves as a cautionary tale for other startups navigating the complex and competitive EV industry.
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