Electric car manufacturing company, Canoo, has announced that it plans to build a mega-microfactory in Pryor, Oklahoma. The factory will cost the company about $400 million and plans to create 2,000 jobs for Americans. The plant is being built in MidAmerica Industrial Park (MAIP). Canoo is a Los Angeles-based manufacturer. The expected opening date of the plant is 2023. 

Last year, Tulsa, Oklahoma, created a campaign in an attempt to convince Tesla to build one of its factories there. Austin, Texas, ended up being chosen as the factory destination. Many people involved in the campaign thought that even though they lost, they were still happy with the campaign since it would get their name out there to automobile manufacturers. This proved to pay off as Canoo gained interest in Oklahoma as a destination for a manufacturing factory. This decision was announced on Thursday, June 17th.

Governor Kevin Stitt expresses his excitement for the plant, saying, “Oklahoma has always been a pioneer in the energy industry, and this partnership with Canoo shows that our state is an innovation leader in electric vehicle technology. We are thrilled to partner with Canoo and Chairman and CEO Tony Aquila to provide high-paying jobs for Oklahomans and position America as the global leader for vehicle manufacturing for decades to come.” 

CEO of Canoo, Tony Aquila, shows his praise to the governor, saying, “Oklahoma was head and shoulders above the other contenders because of its leadership, energy forward initiatives, strategic location and, the hard-working ethic of its people. We want to congratulate Gov. Stitt and his team who competed to have Canoo in their state – and we pledge our commitment to bring more clean energy to the great state.”

The factory will be made up of a commercialization facility that includes a general assembly plant, body shop, and paint area. There will also be an industrialization facility and a training center. MAIP plans on building an entrance to the factory that will be from Oklahoma 412B to access the Canoo campus. The state will also work to include infrastructure upgrades such as water and waste facilities. 

The U.S. The Securities and Exchange Commission is looking into this building plan, including its business model, revenue, revenue strategy, earnings, departures of company officers, and customer agreements. Tony Aquila says this about the decision to pursue factory construction in Oklahoma, “We invested millions of dollars in finding the right location for our manufacturing facility. We’re proud to be American-made and to bring more than 2,000 jobs to Oklahoma…Our investment in this manufacturing and technology center means we will deliver vehicles faster at scale – and fulfill our mission to bring affordable, purpose-built EVs to everyone.” 

Electric vehicles are becoming increasingly popular. They emit less overall CO2 emissions, which will greatly help the future prevention of climate change. They also rely on electricity which can be a renewable source of energy, while conventional cars rely on gas that is produced through crude oil. Gas-powered cars produce significantly more CO2 into the air than electric-powered cars, making electric vehicles a more desirable option for many.

The plant is expected to be up and running in about 1 year and fully built and ready by 2024. Building on the factory is beginning this year. 

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