As the company reports its third-quarter earnings, the commercial electric vehicle company Canoo is trying to secure a deal to acquire a vehicle manufacturing facility in Oklahoma City. This was announced after confirming to the public that the company will be constructing its own manufacturing facility in Pryor, dedicated to its EV battery module.
Manufacturing Facility in Oklahoma City
An agreement was entered by the commercial electric vehicle company Canoo as they tried to acquire a vehicle manufacturing facility in Oklahoma City, announced during the Q3 Earnings Call. Based on a report from TechCrunch, the facility will be dedicated to the production of Canoo’s electric Lifestyle Delivery Vehicle (LDV) and electric Lifestyle Vehicle (LV) SUV.