Canoo receives incentives from Oklahoma for hiring milestone

Canoo receives incentives from Oklahoma for hiring milestone

Oklahoma is now home to over 20% of Canoo’s total workforce.

Canoo Technologies has received its first funding from the state of Oklahoma for successfully achieving an employment milestone from previously announced agreements awarded on workforce and economic development incentives from the state of Oklahoma. The state is now home to over 20% of Canoo’s total workforce.

“We selected the state of Oklahoma as our manufacturing home due to the state’s strong support and hardworking employees. We are very proud to reach this first hiring milestone and excited to bring high-paying advanced manufacturing jobs to the area. We will continue to support this movement in the state,” Tony Aquila, investor, executive chairman and CEO said.

This milestone was achieved through an agreement with the Oklahoma Department of Commerce enabling Canoo to receive performance-based payments from the Quick Action Closing Fund and to receive workforce training support, the company said. The Department of Commerce has issued a letter confirming Canoo’s eligibility for certain state tax credits and tax exemption programs.

Canoo said it continues to hire for both its Oklahoma City and Pryor, OK, sites and is advertising for its open positions. Together, these facilities will create over 1,400 jobs at average wages that exceed state and local salaries, according to Department of Commerce data. The company is working closely with the Cherokee Nation, the State of Oklahoma, local career technology schools and staffing agencies to recruit and train a skilled advanced manufacturing workforce.

You May Also Like

EV tire satisfaction gap widens as wear rates increase, J.D. Power finds

The study shows that EV owners have similar expectations for tire wear as owners of gas-powered vehicles do.


The satisfaction gap with original equipment tires between electric vehicles (EVs) and gas-powered vehicles is widening, as EV owners say their tires are wearing faster, according to the recently released J.D. Power 2024 U.S. Original Equipment Tire Customer Satisfaction Study. J.D. Power said the study shows that EV owners have similar expectations of tire wear as owners of gas-powered vehicles do, despite EV tires naturally wearing faster due to greater vehicle weight and higher torque.

Canoo’s Oklahoma City manufacturing facility approved as a Foreign Trade Zone

The company said the approval will accelerate its made-in-America EV manufacturing strategy, improve unit profitability and enable a faster path to break even.

Unico releases the BAT300 Series, an EV battery testing solution

Unico said the BAT300 Series is based on the Unico IDAC power platform and offers performance, efficiency and versatility at a reduced cost.

Hexagon Agility expands CNG fuel system manufacturing plant

The company says a green future for trucking is close, and what’s coming next could put fears over a lack of CNG power to bed.

DTNA introduces BEV dealer certification program

DTNA said the program covers over 75 specific criteria in four key areas including safety, charging infrastructure, dealership infrastructure and training.


Other Posts

Nikola Corporation names new CFO

Thomas Okray joins the company’s executive team as chief financial officer.

InductEV forms strategic partnerships for wireless charging deployment

InductEV said each company will provide mechanical and electrical engineering services to help with the deployment of its wireless charging system.

Fisker signs four dealership partners in the U.S.

Dealers joining the Dealer Partnership program are the Mills Automotive Group, Ourisman Fisker, Classic Fisker and Long Island Fisker.

Burns Engineering expands power and utilities team

The company expanded its power and utilities practice to feature experts in EV infrastructure, distributed energy and electrification.