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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. The plant also has ambitious sustainability goals, running the plant on clean energy being the most notable. Over the past few months, Canoo has made a dramatic turnaround.

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A 147.5 MW wind farm is breaking ground in Oklahoma – a first for Avangrid

Baua Electric

Photo: Avangrid Orange, Connecticut-based clean energy giant Avangrid just made its first leap into Oklahoma with a new wind farm project. Avangrid, which is part of the Iberdrola Group, is setting up the Pontotoc Wind project in Pontotoc County, southeast of Oklahoma City.

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Canoo (GOEV) stock surges after OKC EV facility gets key approval

Baua Electric

Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). By securing an FTZ designation, Canoo eliminates all customs duties on vehicles sold overseas and defers of customs duties on imported parts for EVs sold in the US. per share).