Electric delivery vehicle developer Canoo will establish operations centers in Bentonville and Fayetteville, Arkansas. The two projects combined are expected to create 545 jobs in Benton and Washington County.
The company will establish an R&D center and an advanced industrialization and low-volume production facility for small package delivery vehicles.
“We are proud to partner with the State of Arkansas to develop American-made clean energy vehicles,” said Tony Aquila, Investor, Chairman and CEO of Canoo, Inc. “Our investment in these new facilities will accelerate the development of high demand delivery vehicles for customers around the world. We thank Governor Hutchinson and his team for their leadership and vision for the state’s role in the mobility revolution.”
According to state officials, the R&D center will be located in Fayetteville and will support advances in vehicle electronics and powertrain, while its industrialization facility will be in Bentonville.
“Canoo is an American-made company with a vision for modernizing the future with its electric vehicle technology, and I am pleased that it will be making that vision come to life in Arkansas,” Arkansas Secretary of Commerce Mike Preston said. “Northwest Arkansas is one of the fastest-growing regions in the United States and a hub for technology and business development. I am confident that Northwest Arkansas and Canoo are perfect matches for each other. We expect great things from this partnership in the coming years and are happy to welcome Canoo to the Natural State.”
Canoo is working with Arkansas and Oklahoma to advance America's capacity to lead the EV revolution, enabling sustainable business and jobs. In June, 2021 Canoo selected Oklahoma as the site for its U.S. manufacturing facility.