CLICK HERE to listen to Radio Oklahoma's Bob Sands give the latest info on EV startup, Canoo.
Radio Oklahoma’s Bob Sands gives details on the finances of an electric vehicle maker that continues to sink further into the red.
The Journal Record reports electric vehicle startup Canoo has another financial loss of 90.7 million dollars in the first quarter of 2023, adding to the financial pressures faced by the company.
They plan to produce EV batteries in Pryor and other activities in Tulsa. The company claims it is committed to building 20,000 EVs in Oklahoma City by the end of the year. In April, it signed a deal to lease a 500-thousand-square-foot warehouse that would employ 500 people.
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