Canoo takes it one vehicle at a time
The first vehicles assembled at Canoo’s manufacturing facility were on display Wednesday inside its 630,000-square-foot plant as part of a batch in an agreement for up to 1,000 vehicles with the state of Oklahoma. In August 2022, Canoo announced an agreement with Walmart for 4,500 vehicles. Also last year, the U.S. Army awarded Canoo a contract to test its pickup truck.
In August, the company announced it signed agreements on incentives with the state for its vehicle assembly facility in Oklahoma City and a battery module manufacturing plant in Pryor with a combined value of up to $113 million for 10 years. The agreement has multiple benchmarks Canoo must meet to receive the funds. The battery plant and the assembly facility will bring more 1,300 jobs, according to a release.