Texas Loses Electric Vehicle Factory Due To Power Grid

The Dallas Morning News reports:

The electric vehicle maker Canoo announced Thursday that it would take a mega-factory and thousands of high-paying jobs to the Tulsa region, citing Oklahoma’s “energy-forward initiatives.”

North Texas was “definitely in the race” in the multistate competition for the new assembly plant, but Texas energy infrastructure issues and other factors led the company to choose Oklahoma, chairman and CEO Tony Aquila told The Dallas Morning News.

On Monday, ERCOT warned residents to conserve energy or risk rolling blackouts like the ones the state saw during February’s winter storm.

Read the full article.

Texas loses to Oklahoma on electric vehicle company Canoo’s ‘mega-factory.’ Power grid cited as one reason. https://t.co/fPsiGwFgR6

— Dallas Morning News (@dallasnews) June 18, 2021