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Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles To Be Used For Last Mile Deliveries In Support Of Its Growing eCommerce Business

Benzinga Real-time News ·  Jul 12, 2022 06:04

The retailer will be the first to receive Canoo's Lifestyle Delivery Vehicle which is anticipated to begin hitting the road for Walmart deliveries in 2023.

BENTONVILLE, Ark., July 12, 2022 /PRNewswire/ -- $Walmart(WMT.US)$ has signed a definitive agreement with $Canoo(GOEV.US)$, a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. The vehicles will be used to deliver online orders in a sustainable way which will also contribute to Walmart's goal to achieve zero-emissions by 2040. While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks.

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