CEO and Executive Chairman
…about Walmart ordering 4,500 of his company’s Lifestyle Delivery Vehicles through the Dallas Business Journal.
Walmart has ordered 4,500 all-electric lifestyle delivery vehicles out canoewith the first pre-production test models rolling in Dallas-Fort Worth “in the coming weeks.”
Both companies are based in Bentonville, Arkansas, as Canoo moved its headquarters there from Dallas-Fort Worth last year.
As part of the agreement announced earlier this week, Walmart signed an option to purchase up to 10,000 units of Canoos LDVs to advance its goal of being zero emissions by 2040.
Eaglethe former CEO of Westlake Solera stockssays Walmart has the resources to really capitalize on Canoo’s EVs.
“Walmart’s massive store presence offers a strategic advantage in today’s growing need-now mindset and an unmatched opportunity for the growing demand for electric vehiclesespecially with today’s gas prices,” he told the DBJ.
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