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EV Startup Canoo is building its Oklahoma plant



Illustration for the article titled Canoo is planning to build its assembly plant in an Oklahoma city you've probably never heard of

Picture: Canoe

The last few months have been pretty tough for electric startup Canoo. From leaders leaving, to one partnership with Hyundai falls through, to one SEC investigation announced just hours after pricing was released for its minibus lifestyle vehicle, Canoos’ chances of actually making a production vehicle look slim begin. However, it is pushing forward as Reuters reports as Canoo has announced it is building its Oklahoma production facility.

So where in Oaklahoma did Canoo choose its factory location? A small suburb of Tulsa called Pryor Creek. Canoo rings it is a “mega microfactory.” It will be located in an industrial park called MidAmerica (not VW and Corvette parts dealer), located on 9,000 hectares. Of course, there has been the typical “it will bring jobs to the area” after the company and its CEO Tony Aquila claim that it will bring 2,000 high-paying jobs to the area:

“We invested millions of dollars to find the right location for our production facility. We are proud to be American created and bring more than 2,000 jobs to Oklahoma. ”

Of course, the company would not say exactly how much the investment is. Is the company still on track to deliver vehicles in the fourth quarter of next year? Canoo says it is. The key to this will be the manufacturing partner that Canoo has contract. While the Canoos campus in Pryor Creek is under construction, Dutch manufacturer VDL Nedcar will build Canoo’s vehicles. VDL was founded in 1967 and has entered into a partnership with other major manufacturers that build other (forgettable) models such as the first generation Volvo S40, Smart Fourfour and Mitsubishi Colt and Outlander. VDL Nedcar plans to build 1,000 Canoos for the U.S. and European markets next year with a target of 15,000 units by 2023. There was no word on whether the partnership would continue after Canoo’s plant in Oaklahoma opened.


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