{"id":266700,"date":"2025-03-17T17:00:00","date_gmt":"2025-03-17T16:00:00","guid":{"rendered":"https:\/\/www.electrive.com\/?p=266700"},"modified":"2025-03-17T14:38:03","modified_gmt":"2025-03-17T13:38:03","slug":"hay-ya-esperanza-para-canoo","status":"publish","type":"post","link":"https:\/\/www.electrive.com\/es\/2025\/03\/17\/is-there-hope-for-canoo-yet\/","title":{"rendered":"\u00bfHay ya esperanza para Canoo?"},"content":{"rendered":"\n\n\n

With the acquisition, the financial company WHS Energy Solutions led by Aquila, would also waive eleven million dollars in debt that Canoo borrowed before filing for bankruptcy<\/a>. Although the purchase price seems very low, given that in February there was still talk of 145 million dollars in assets. However, the bankruptcy trustee considers the sale to Aquila to be the \u201cbest course of action.” Canoo itself lacks the money “necessary to maintain the integrity of the assets.\u201d Moreover, bankruptcies of other EV startups have led to a \u201cglut of EV related assets\u201d \u2013 which is why prices are low.<\/p>\n\n\n\n

Interested parties can submit \u201chigher and better offers\u201d for the company’s assets until 28 March. If no offers are received, WHS Energy Solutions would take over Canoo’s production facilities, finished vehicles, intellectual property, contracts and other inventories and assets, but not leases or liability for the claims of other creditors.<\/p>\n\n\n\n

Before its bankruptcy, Canoo had only delivered a few electric transporters to a few government agencies, including the Department of Defense, the US Postal Service<\/a> and NASA. Aquila apparently hopes to pick up where Canoo left off. He told the bankruptcy trustee that one of his main motives was to “honour [Canoo\u2019s] commitment to provide service and support for certain government programs.\u201d However, Aquila did not respond to TechCrunch<\/em>‘s request for comment. And since US President Donald Trump took office, it is unlikely that there will be many more government contracts in the near future.<\/p>\n\n\n

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Hopes for Canoo to resume operations thus appear slim for the time being, but it could continue under a new name. Without a statement from Aquila, however, his exact plans remain unclear for the time being. We can expect news at the end of March, when the bidding deadline expires.<\/p>\n\n\n\n

Canoo was once founded as Evelozcity <\/a>and in its early years was led by, among others, German automotive executives Ulrich Kranz, Stefan Krause and Karl-Thomas Neumann. Both later left the company.<\/a> The plan was to develop four electric vehicles optimised for urban use, based on a specially developed skateboard platform, and to offer them exclusively by subscription<\/a>. Financial expert Tony Aquila came on board in 2020 <\/a>in the course of the SPAC IPO and took over the CEO position in 2021 \u2013 Aquila was also one of Canoo’s largest investors. Under his leadership, the former subscription focus was discarded and partnerships to build EVs from other manufacturers on the Canoo platform were also terminated \u2013 since this happened shortly after the IPO and was not announced in the IPO prospectus, Canoo was later forced to pay a million-dollar fine. <\/a>However, the company was never really able to meet the targeted delivery date for the vehicles, which then led to insolvency at the beginning of the year.<\/p>\n\n\n\n

techcrunch.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Con la adquisici\u00f3n, la sociedad financiera WHS Energy Solutions dirigida por Aquila, renunciar\u00eda tambi\u00e9n a once millones de d\u00f3lares de deuda que Canoo tom\u00f3 prestados antes de declararse en quiebra.<\/p>","protected":false},"author":29,"featured_media":216475,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9930],"tags":[17199,20193,7405,23085,609],"class_list":["post-266700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-canoo","tag-insolvency","tag-startup","tag-tony-aquila","tag-usa"],"acf":{"post_article-format":{"value":"standard","label":"Standard"},"post_categories":[9930],"post_tags":[17199,7405,20193,609,23085],"post_thumbnail":216475,"post_thumbnail_listing":false,"post_thumbnail-caption":"","post_teaser-text":"According to a court filing, Canoo CEO Anthony Aquila wants to buy almost all of the assets of the bankrupt electric vehicle maker. A new company controlled by Aquila has offered to buy \"substantially all\" of the assets for four million dollars.","post_advert":false,"post_legacy":false},"_links":{"self":[{"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/posts\/266700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/comments?post=266700"}],"version-history":[{"count":1,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/posts\/266700\/revisions"}],"predecessor-version":[{"id":266702,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/posts\/266700\/revisions\/266702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/media\/216475"}],"wp:attachment":[{"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/media?parent=266700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/categories?post=266700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.electrive.com\/es\/wp-json\/wp\/v2\/tags?post=266700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}