Canoo Secures $113M Incentives, Expands Production & Lineup with LDV 190 Electric Cargo Van
Canoo has sealed deals with Oklahoma and the Cherokee Nation, securing up to $113 million in incentives over a decade. The company is also making strides towards producing 20,000 vehicles annually by the end of 2023.
Canoo Technologies has chosen Tulsa and Pryor, Oklahoma, for its vehicle assembly and battery module production facilities. The company is already hiring and collaborating with local partners to build a skilled workforce.
Canoo is expanding its lineup with the LDV 190, a Class 2 electric cargo van. It offers more space than the LDV 130, with a 172 cubic feet cargo area and optional storage features. Despite its increased size, it maintains the same wheelbase and low centre of gravity for predictable driving.
The LDV 190 boasts a beefed-up suspension system to handle extra payload. It also features an interchangeable rear cargo cartridge with various door and ramp options. Canoo is building a vehicle assembly plant in Oklahoma City and a battery plant in Pryor, OK, to support this growth.
Canoo's agreements with Oklahoma and the Cherokee Nation, along with its progress towards increased production, signal a significant boost for the company. The LDV 190's launch further expands Canoo's electric vehicle offerings, providing fleet owners with more space and flexibility while maintaining performance.
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