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). If approved, Canoo FTZs will be one of the largest in Oklahoma. Despite the win, Canoo’s finances are still a concern. With that, Canoo customers are eligible for a tax credit of up to $7,500.
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