GOEV - Canoo's Oklahoma Plant Gets A Green Light As A Foreign Trade Zone: Details | Benzinga
Electric Vehicle manufacturer Canoo Inc (NASDAQ:GOEV) said the U.S. Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone (FTZ).
The approval is expected to boost Canoo’s Made in America electric vehicle manufacturing strategy, improve unit profitability and enable a faster path to breakeven.
The Oklahoma City facility currently employs more than 100 workers and will support as ...