Technology

American electric car startup Canoo builds factory in Oklahoma

US electric car startup Canoo said Thursday that it plans to build a plant in Oklahoma and build a pod-shaped van called a “lifestyle vehicle” from 2023. The company also said it has a contract with VDL to outsource short-term manufacturing. Dutch Nedcar until the Oklahoma factory is ready.

The Oklahoma plant is located on about 400 acres of land in Pryor in the northeastern part of the state, CEO Tony Aquila said at a canoe investor public relations conference in Dallas. The factory employs more than 2,000 people and includes an assembly, body shop and paint shop.

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“We chose the wonderful state of Oklahoma to manufacture,” said Aquila, who previously opened an office in Dallas. The plant is at full capacity and can produce more than 150,000 vehicles annually, he said in an interview. Investment in canoeing facilities will be phased and could eventually range from $ 500 million to $ 1 billion depending on demand, he said, and the state has more than $ 300 million in canoeing. He added that it offers tax incentives.

Until the Oklahoma plant opens, VDL will manufacture canoe seven-seater vehicles for the US and European markets, enabling the canoe to fulfill its promise to begin production in the fourth quarter of 2022, he said. Said. According to Canoe, the goal for 2023 is 15,000. Canoeing is also planning to introduce multipurpose delivery vehicles and pickup trucks.

(Read again | Hyundai bets on a canoe to supercharge its electric car plan).

In December, the canoe was unveiled in a reverse merger with a special acquisition company (SPAC). In April, Aquila, a former software executive and one of Canoo’s largest shareholders, took over and changed CEO. Canoo has developed a “skateboard” or low-rise platform that bundles batteries and electric motors with chassis components such as steering, brakes and wheels that allow you to build different body types.

This story was published from a news agency feed without changing the text. Only the heading has changed.

https://auto.hindustantimes.com/auto/news/american-electric-vehicle-startup-canoo-to-build-plant-in-oklahoma-41624012759138.html American electric car startup Canoo builds factory in Oklahoma

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