Canoo To Build Battery Manufacturing Facility In Oklahoma

Nov 4, 2022Updated May 26, 20251 min read

Electric vehicle startup Canoo Inc said on Wednesday it would build a battery manufacturing facility at Pryor in Oklahoma with a capacity of 3,200 Megawatt hours production.

The company’s Pryor facility will make proprietary battery modules, energy management system and thermal control technology, CEO and Chairman Tony Aquila said.

Canoo added it will be the first electric vehicle company to produce battery modules using hydro-power from the Grand River Dam Authority.

The company’s new battery manufacturing facility will be in the same industrial park as its future “MegaMicro” factory, Canoo said.

Canoo last year announced Panasonic Holdings Corp, which also supplies battery cells to Tesla Inc, will be its provider for manufacturing battery packs.

The EV startup, which is set to report third-quarter results on Nov. 9, had access to about $250 million in capital at the end of the second quarter.

Tags

About the author

Mei Ling Tan

Contributor · RetailNews.asia

Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

Asia's retail intelligence, in your inbox