“The electric vehicle maker Canoo announced Thursday that it would take a mega-factory and thousands of high-paying jobs to the Tulsa region, citing Oklahoma’s “energy-forward initiatives.”North Texas was “definitely in the race” in the multistate competition for the new assembly plant, but Texas energy infrastructure issues and other factors led the company to choose Oklahoma, chairman and CEO Tony Aquila told The Dallas Morning News.”
“The announcement was made at Canoo’s first-ever investor day at Texas Motor Speedway, and it came with residents of the state on high alert for potential power blackouts. On Monday, ERCOT warned residents to conserve energy or risk rolling blackouts like the ones the state saw during February’s winter storm.”
“Canoo is one of the first public companies to host an in-person investor day since the pandemic began to ease, and it limited attendance at the event. About two dozen investors listened as executives laid out Canoo’s growth plan and rode around the motor speedway track in test model vehicles. Oklahoma Gov. Kevin Stitt was there and said Oklahomans were “over the moon excited.” Stitt touted Oklahoma’s energy costs, which he says are the lowest in the country. “We are committed to making you the next Henry Ford of EVs,” Stitt told Aquila.”