Canoo has not yet received any incentive payments from the state, which are contingent on the company meeting hiring goals and other performance measures. Any money would come from Oklahoma’s Quick Action Closing Fund, a pot of state-appropriated cash intended to help the governor to lure new jobs to the state. 

“We’re committed with the state to kind of take a long term view on this and obviously, there’s other programs in the state,” company CEO Tony Aquila told The Frontier.

Take a look at Canoo’s contracts with Oklahoma below.

Amended contract between the Oklahoma Department of Commerce and Canoo Inc. for an award from the Oklahoma Quick Action Closing Fund.

Original contract between the Oklahoma Department of Commerce and Canoo Inc. for an award from the Oklahoma Quick Action Closing Fund.

Closing fund offer for Canoo Inc.

Contract between the Oklahoma Department of Commerce and Canoo, Inc., for an award from the Oklahoma Quick Action Closing Fund.