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Automotive Accelerator Program

Our aggressive automotive parts manufacturing program utilizes some of Oklahoma’s best assets for automotive companies to accelerate the automotive industry in the state.

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Recent data and trends suggest that the automotive manufacturing industry as a whole is shifting towards the west from the southeast U.S. due to increasing wage pressures. Additionally, new changes regarding trade with Canada and Mexico will push automotive parts companies to reshore many operations.  

New automotive operations, such as Tesla’s Austin Gigafactory, will also increase opportunities for Oklahoma to recruit automotive suppliers. 

Core Program Components

Utilize the Oklahoma Quick Action Closing Fund

Accelerate growth of the automotive industry and its supply chain development in the state.

Expedited Permitting

The Oklahoma Team works with state and federal agencies and local partners to expedite permitting requirements to shorten time to market for automotive companies starting operations in the state. 

Maximize the Automotive Engineer Workforce Tax Credit

The Automotive Workforce Engineer Tax Credit is modelled after the Aerospace Engineer Tax Credits which has been instrumental in helping attract investments to Oklahoma by aerospace companies such as Boeing, ASCO Industries, Ferra Aerospace, Lufthansa Technik, Mitsubishi, Kratos Defense, Rolls Royce Engines, Northrop Grumman, Pratt & Whitney, American Airlines, and others.  

Tulsa, OK was one of two finalist locations evaluated by Tesla for its new Cybertruck Gigafactory, proving that Oklahoma has something compelling to offer automotive companies. 
Shout out to Tulsa and thank you to the team and Governor. Was super impressed...will strongly consider Tulsa for future expansions down the road.
Elon Musk, CEO Tesla
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