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IPFS News Link • Transportation

Canoo Announces New Vehicle Manufacturing Facility In Oklahoma City

• https://insideevs.com, By: Dan Mihalascu

Canoo has entered into an agreement to acquire a Vehicle Manufacturing Facility in Oklahoma City, located with easy access to road and rail.

The EV startup plans to produce its Lifestyle Delivery Vehicle and Lifestyle Vehicle vans at the factory, with the first units to be shipped to customers in 2023.

The plant will employ more than 500 people and be equipped to ramp to an annual run rate of 20,000 units by the end of 2023. The factory has additional capacity to scale on the 120-acre (48.5-hectare) site, and will also feature a dedicated training center.

"Today we are excited to announce our manufacturing facility, which begins our path to scaled production in 2023 and delivers on our plan to bring high-paying light-blue collar jobs to Oklahoma. The Oklahoma City facility has significant room for expansion and is a proven location for large scale production, with an established transportation ecosystem, including rail."

Tony Aquila, Chairman and CEO at Canoo

The executive added that Canoo is working with its third-party manufacturing partners to achieve start-of-production on its own equipment this month. "Following these initial builds, we will aggressively shift all our equipment into our new facility during 1H'23 with production ramp in 2H'23," Aquila added. 


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