Electric vehicle startup Canoo Inc mentioned it will construct a battery manufacturing facility at Pryor, Oklahoma with a capability of 320 megawatt hours of manufacturing.
The corporate’s Pryor facility will make proprietary battery modules, vitality administration techniques, and thermal management know-how, CEO and Chairman Tony Aquila mentioned.
Canoo mentioned it is going to be the primary electrical automobile firm to provide battery modules utilizing hydropower from the Grand River Dam Authority.
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The corporate’s new battery manufacturing facility might be in the identical industrial park as its future “MegaMicro” manufacturing unit, Canoo mentioned.
Canoo introduced final 12 months that Panasonic Holdings Corp., which additionally provides battery cells to Tesla Inc., might be its supplier for manufacturing battery packs.
The EV startup, which is ready to report third-quarter outcomes on Nov. 9, had entry to about $250 million in capital on the finish of the second quarter.
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