Walmart Inc has struck a deal with Canoo Inc to buy 4,500 electric vehicles as part of the U.S. retailer's goal to achieve net-zero emissions by 2040, the companies said on Tuesday.
The deal, whose financial terms were not disclosed, also gives Walmart an option to purchase up to 10,000 units as it electrifies its delivery fleet.
"This order was already somewhat anticipated, but it is a nice get. It will be exciting to see those vehicles rolling in the DFW area," Irwin added. The deal comes as companies including FedEx Corp, Amazon.com Inc and United Parcel Service Inc pledge to shift their delivery fleets to EVs.
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