EV startup Canoo announces plans to build plant in Oklahoma

Electric vehicle (EV) startup Canoo has announced it plans to build a manufacturing facility in Oklahoma that should open by 2023.

The new facility will build the company’s Lifestyle Vehicle, the pod-shaped EV it announced earlier this year. It will be situated on a 400-acre parcel in the northeastern part of the state in Pryor, and produce up to 150,000 vehicles per year and employ up to 2,000 people when complete.

CEO Tony Aquila made the announcement at Canoo’s investor relations meeting in Dallas. “We have picked the awesome state of Oklahoma to manufacture,” he said.

The 2023 opening date is after the company plans to begin selling the Lifestyle Vehicle in Q4 2022. Until that time, VDL Nedcar in Netherlands will produce the cars for them.

The Lifestyle Vehicle will range in price from $34,750 to $49,950 USD, before any available incentives or optional equipment. It is expected to have an 80kWh battery pack which will provide up to 250 miles (402km) of range, and seat between 5 and 7 people.

Source: Reuters

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