Walmart agrees to order 4,500 Canoo EVs for last-mile delivery

Walmart said Tuesday it signed an agreement to buy 4,500 all-electric delivery vehicles from Canoo, the electric vehicle startup-turned-SPAC that last quarter warned it may not have enough money to stay in business. Canoo wouldn’t share the financial terms of the deal. However, a spokesperson disclosed that these are binding preorders, beginning with Canoo’s branded … Continue reading Walmart agrees to order 4,500 Canoo EVs for last-mile delivery