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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.

Oklahoma 52
Oklahoma Oklahoma City Tax Credit Financing 52
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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

AUGUST 26, 2009

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Click to enlarge. Total DOE award: $14,983,167.

Alternative Fuels 236
Alternative Fuels Clean Cleaning Grant 236
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