Canoo to acquire manufacturing facility in Oklahoma City

Canoo to acquire manufacturing facility in Oklahoma City

Canoo will acquire a new vehicle manufacturing facility in Oklahoma City. Strategically located with easy access to road and rail, the facility will produce Canoo’s LDV and LV vehicles for delivery to customers in 2023. With a dedicated training center, Canoo’s Vehicle Manufacturing Facility will employ more than 500 people and be equipped to ramp to a 20,000 unit annual run rate by the end of 2023, with additional capacity to scale on the 120+ acre site.

Canoo says it considered multiple potential sites before selecting the location in Oklahoma City. An existing commercial site with more than 630,000 sq. ft. of move-in ready space and significant room for further expansion, the facility will be adapted for Canoo and outfitted to accommodate a full vehicle assembly line with state-of-the-art robotics, a paint shop and upfitting center. As with Canoo’s other facilities in Pryor Oklahoma, the vehicle manufacturing facility will be powered with clean energy, the company says.

Canoo says it has focused on Oklahoma and Arkansas as electric vehicle anchor economy states. In addition to Canoo’s Oklahoma City vehicle manufacturing facility, the company recently announced a battery module manufacturing facility and its MegaMicro Factory, a 400-acre campus at MidAmerica Industrial Park, a 9,000-acre industrial complex strategically located near some of the nation’s most highly traveled thoroughfares. The MegaMicro Factory will include a full commercialization facility with a paint, body shop and general assembly plant. It will be a significant investment in the state and will employ more than 2,000 when fully operational.

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