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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 initial LDVs from 9,300-unit Kingbee order

Teslarati

Canoo has delivered its first Lifestyle Delivery Vehicles (LDVs) to commercial van and fleet rental company Kingbee, as the latest in the electric vehicle (EV) maker’s early deliveries. This is what distinguishes our vehicles and provides a competitive edge for commercial fleet companies.”

Oklahoma 103
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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.

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Canoo’s (GOEV) rugged American Bulldog electric pickup spotted out testing

Baua Electric

Most recently, Canoo’s rugged American Bulldog electric pickup was spotted testing near its OKC manufacturing facility. After delivering the first EV built at its new Oklahoma City plant late last year, Canoo revealed its latest model. The deliveries were part of a binding 9,300 order from Kingbee in November.

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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. However, volume production has not yet started.

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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).

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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.