First Canoo EV rolls off the OKC assembly line
Start-up Canoo has produced its first electronic vehicle at the new Oklahoma City plant. Earlier this year, an LLC affiliated with the company acquired the 630,000 square foot manufacturing facility and surrounding land at I-40 and Morgan Road, formerly operated by Terex.
The first assembled vehicles were on display this week and the OKC plant continues to hire, with 120 employees expected by the end of the year with a goal of 700 as production ramps up.
Canoo has a contract with the State of Oklahoma for 1,000 vehicles and Walmart for 4,500.
The company is also building a battery plant near Pryor and has several performance-based state incentives with a combined value of $113 million.
reposted from OKCTALK.com