Electric-car maker Canoo said Monday that its operations in Oklahoma are gearing up to begin production and its plans to produce 20,000 units annually are on track, while reporting a second-quarter loss that wasn t as severe as analysts expected.
Electric vehicle startup Canoo missed a key deadline and lost out on a deal to reap up to $10 million in state incentives from Oklahoma after failing to start construction on a factory in Pryor.
State officials voided one deal with the startup worth up to $10 million after the company missed a deadline to start construction on a factory in Pryor.
OKLAHOMA CITY — An electric vehicle company that announced plans to open a manufacturing plant in Pryor in exchange for taxpayer-funded state incentives is struggling financially and worried about its