Electric automobile producer Canoo is one step nearer to opening up operations in Oklahoma City.
The firm is within the strategy of buying what was the Terex facility in west Oklahoma City close to I-40 and South Morgan Road.
On Tuesday, Canoo vp Chris Moore gave a presentation to indicate why they need to obtain $1 million in incentives from town.
“We see a significant opportunity not only for Canoo to be further expanding out footprint and accelerating our footprint in the state of Oklahoma but also some opportunities for Oklahoma city,” Moore stated.
Moore stated the corporate has orders from Walmart, main automobile leasing firms and that Canoo was chosen by NASA to supply autos that can transport U.S. Astronauts to the launch pad for future Artemis missions.
The firm additionally stated they’ve delivered their first automobile to the U.S. Army in Michigan.
The plan is to herald 550 jobs, and Oklahoma City mayor David Holt stated he expects salaries to start out at round $70,000.
Holt stated if the plan falls via town will not lose any incentive cash as a result of it isn’t paid till the phrases are accomplished.
“We pay you after you have created the jobs,” Holt stated. “After you have followed up on the promises you have made at presentations like this.”
The incentive will likely be voted on in two weeks on the subsequent assembly on Dec. 20. Canoo stated in a launch they count on to start delivering autos to clients in 2023.
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