Now talk of delaying the Canoo plant due to BS reasons.
https://tulsaworld.com/business/local/canoos-proposed-electric-vehicle-plant-in-pryor-could-be-delayed-industrial-park-head-says/article_4421c660-f896-11ec-945c-93628edd01aa.html#tracking-source=home-top-storyFTA - “It is in delay mode, but that’s for a number of reasons,” MAIP Chief Administrative Officer David Stewart said Thursday before a regular meeting of the Oklahoma Ordnance Works Authority, which operates the industrial park.
“The whole EV market has taken a significant hit. The stock market is challenged at best,” he continued.
“Supply-chain issues are big, as they are with all companies, but especially with a start-up that has a new product. Canoo’s goal is to have this 100% made in the U.S., so that is also delaying the project.
“Finally, construction costs are through the roof. So the right financial decision is to wait until these supply-chain issues and construction costs go down and the construction labor market builds.”
My favorite take-away from that smorgasbord of excuses is Canoo’s goal is to have this "100% made in the U.S., so that is also delaying the project." At face value this will guarantee they'll never build anything. No way can you make 100% of the parts in any one country since even if you have final assembly of every component here, all the components will be full of foreign made parts. I never had much confidence in this company actually doing anything but I've completely given up on these chuckleheads now - this whole thing is sooooo much vaporware and Stitt and his twits bought right into it.
