Walmart will purchase 4500 electric delivery vehicles from Canoo for use in its last mile delivery ecosystem.
Walmart is locked in a titanic struggle with Amazon to survive in the fiercely competitive world of online retailing. To do that, it needs to find ways to lower its delivery costs while slashing the amount of time it takes to get products into the hands of customers as soon as possible after an order is placed.
The announcement comes about 8 months after Canoo announced plans to establish its headquarters and an advanced manufacturing industrialized facility in Bentonville, Arkansas, which is where Walmart has its headquarters. Its first manufacturing facility, which is not yet up and running, is located in Pryor, Oklahoma. Walmart has a history of encouraging suppliers to locate in its hometown.
“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,” David Guggina, senior vice president of innovation and automation, Walmart US, said in a statement.
Walmart will begin use some pre-production EVs to deliver online orders in the Dallas-Fort Worth metro area. Canoo will use this as a test-bed to refine and finalize vehicle configuration in the coming weeks. The Lifestyle Delivery Vehicle, or LDV, is expected to go into production in the fourth quarter of 2022 and be on the road in 2023, according to Canoo. The Canoo LDVs will be used by Walmart workers to deliver online orders.
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