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). Electrekâs Take Like other EV startups (or any growth company), a higher stock price makes it easier to raise funds (via debt) and attract new investors. million in cash and equivalents.
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