The state has agreed to buy up to 1,000 of the company’s boxy electric vehicles with rectangular steering wheels in a deal that could be worth millions.
Canoo has yet to turn a profit, but the deal is the largest the state has awarded since the Quick Action incentive was created over a decade ago.
The state also agreed to purchase 1,000 of Canoo’s electric vehicles, the company said during an earnings call Monday. The entire incentive package is valued at $300 million.
Former agency leaders say they wanted their day in court and call the settlement a ‘cover-up.’
Donald Trump won every county in the state in 2020, but some lawmakers still seek investigations and tighter voting laws.
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Canoo has yet to turn a profit and its vehicles are still in development, but Oklahoma has offered the company a package of incentives valued at $300 million to help build a factory in Pryor.
For more than a year, Pottawatomie County officials have denied access to the records in connection with the death of Ronald Gene Given.
