Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise additional funding amid uncertain demand for its microbus-inspired cargo vans.

Electric vehicle maker Canoo files for bankruptcy

Canoo, the electric vehicle startup that once promised to employ thousands of Oklahomans, filed for bankruptcy on Friday.

A £6m development with electric vehicle (EV) charging bays, a shop and a café or restaurant has been proposed for North Kessock. Highland councillors are due to consider the plans for the Black Isle village at a meeting next week.

ChargePoint, one of the nation’s largest charging networks, has announced plans to reduce EV charger vandalism at every location. The plan has two main components. First, ChargePoint is introducing new cut-resistant cables that are designed to prevent cable theft, which it claims include “novel cut-resistant materials integrated into the cable.”

ChargePoint has had enough of vandalizing thieves who saw through EV charger cables to steal valuable copper — so now it’s making new “cut-resistant” cables and adding alarm systems in an attempt to mitigate the damage.