Canoo Acquires Manufacturing Assets to Increase Vehicle Assembly Capacity

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Go back to Canoo Acquires Manufacturing Assets to Increase Vehicle Assembly Capacity

Canoo (GOEV) acquires discounted assets with plans to expand capacity

January 8, 2024 10:40 AM EST

High-tech mobility company, Canoo (NASDAQ: GOEV) announced Monday that the company has purchased manufacturing assets at significantly discounted rates, aimed at expanding production at its Oklahoma City facility.

Canoo purchased a cache of manufacturing assets, including robotics and control processing equipment... More