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 pre-orders, beginning with Canoo’s branded “Lifestyle Delivery Vehicle.” Under the agreement, Walmart has an option to buy 10,000 units.
Initially, Walmart will use some pre-production EVs to deliver online orders in the Dallas-Fort Worth metro are

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