Canoo to acquire vehicle manufacturing facility in Oklahoma

Canoo has entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City for producing its LDV and LV vehicles. Featuring a dedicated training center, the facility will employ more than 500 people and be equipped to produce 20,000 electric vehicles per year by the end of 2023.

The existing commercial site offers more than 630,000 sq. ft. of space and significant room for further expansion. It will be adapted to accommodate a full vehicle assembly line with robotics, a paint shop, and upfitting center and to be powered with clean energy.