Canoo (GOEV) stock surges after OKC EV facility gets key approval
Baua Electric
MARCH 18, 2024
Shares of American EV startup Canoo (GOEV) are surging after its Oklahoma City facility received approval as a Foreign Trade Zone (FTZ). The cost reductions will be on EVs made in the US and exported overseas, which Canoo intends to announce “in the near future.” If approved, Canoo FTZs will be one of the largest in Oklahoma.
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