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Canoo continues rapid production expansion with yet another new facility

Teslarati

Canoo has announced that the company entered an agreement to purchase yet another vehicle manufacturing facility in Oklahoma City. Addressing Canoo’s basic timeline, CEO Tony Aquila commented, “We are working with our third-party manufacturing partners to achieve SOP on our own equipment this month.

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Canoo delivers first Oklahoma-built vehicles to the state

Teslarati

The EVs will each go to a different state office, with one going to OMES, another to the Oklahoma Department of Transportation (ODOT) and the third to the Department of Corrections. The LDVs were produced at the company’s new Oklahoma City factory using battery modules built at a facility located in Pryor.

Oklahoma 117
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Canoo announces massive stock sale to fund production ramp

Teslarati

In mid-2022, the company was even looking down the barrel of bankruptcy, and without last-minute orders of thousands of vehicles, the company would not be here today. ” Currently, Canoo is establishing two manufacturing facilities in Oklahoma. Department of Defense to produce and test battery modules.

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As OK’s anti-Tesla bill moves forward, its author believes a compromise is possible

Teslarati

The bill in question, HB 3994, aims to update and change parts of existing Oklahoma statutes related to the state’s auto industry. Now, this may sound harmless enough, but a look at the 70-page bill shows that companies like Tesla could lose out heavily if HB 3994 becomes law. . Insights from HB 3994’s Author.