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17 Aug
15:29

Canoo posts $112m loss, prepares for Oklahoma manufacturing

US electric vehicle start-up Canoo spent the second quarter preparing for its phase 2 manufacturing plan in Oklahoma, Kallanish learns from the company’s Q2 earnings review.  “We awarded two significant contracts - phase 1, contract manufacturing with VDL Nedcar and phase 2, selecting Oklahoma as our partner for our owned manufacturing plant," says ceo and chairman Tony Aquila. "The state of Oklahoma has committed approximately $300 mill…
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