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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 ...
Harbinger’s objection, filed late Friday, accuses Canoo of hiding certain assets from the sale process, including what the startup purchased from another bankrupt EV company, Arrival.
The proposed deal includes some liabilities, as well as tools, patents, government permits and other assets — one court filing listed $70 million worth of machinery and equipment. It’s not ...
The ABB FIA Formula E racing series is making a big leap forward with Pit Boost technology this season. At select races, the series will for the first time include pit stops for a 30-second EV ...
Shannon's decision paves the way for Aquila to buy most of the assets of the EV startup for around $4 million in cash. The sale of bankrupt EV startup Canoo’s assets to its CEO has been approved ...
The move is part of the company's broader efforts to streamline operations and focus on core assets. The divestment ... electric-vehicle (EV) charging infrastructure, and its stake in the Linz ...
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