Walmart has entered an agreement to purchase 4,500 Canoo electric vehicles to use for deliveries starting in 2023. The retailer will be the first to receive the Canoo Lifestyle Deliver Vehicle.
Canoo’s agreement with Walmart builds on the company’s existing commitments in Arkansas and Oklahoma. Last year, Canoo announced it had selected Bentonville, Arkansas, as its headquarters and Pryor, Oklahoma as the site for its U.S. manufacturing.
“We’re encouraged that by being located in close proximity to the Canoo headquarters, we have the advantage to collaborate and innovate in real-time as well as the opportunity to aid in the creation of manufacturing and technology jobs here in our home state of Arkansas,” said David Guggina, senior vice president of innovation and automation, Walmart U.S.
The vehicles will be used to deliver online orders and will also contribute to Walmart’s goal to achieve zero-emissions by 2040.
“We are proud to have been selected by Walmart,” said Tony Aquila, Investor, Chairman and CEO of Canoo. “Walmart’s massive store footprint provides a strategic advantage in today’s growing ‘Need it now’ mindset and an unmatched opportunity for growing electric vehicle demand, especially at today’s gas prices.”
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