#Cleantech and #ClimateChange #podcast- #EV #stock to watch (NASDAQ: $GOEV) - Walmart (NYSE: $WMT) to Purchase 4,500 #Canoo Electric Delivery Vehicles
Vancouver, Kelowna, Delta, BC ,July 12, 2022 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues a new edition of the Cleantech and Climate Change Podcast
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EV stocks are on investor’s alerts again due to big news from Canoo (NASDAQ: GOEV). The stock traded as high as $5.00 today on huge volume and led other EV stocks to posiive trading today with NIO trading as high as $21.19. None of the EV stocks are anywhere near their 52 week high – but in this market investors are very happy to see green again .
Walmart (NYSE: WMT) signed an agreement with Canoo (NASDAQ: GOEV), a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. The vehicles will be used to deliver online orders in a sustainable way which will also contribute to Walmart’s goal to achieve zero-emissions by 2040.
While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks.
The LDV: Engineered for sustainable last mile deliveries with improved driver ergonomics and safety
Canoo’s fully electric Lifestyle Delivery Vehicle (LDV) is an American-made commercial EV optimized for sustainable last mile delivery use cases. As with all Canoo vehicles, the LDV is built on a proprietary multi-purpose platform (MPP) architecture that integrates the motors, battery module and other critical driving components. The LDV has a last mile delivery optimized cabin and customized cargo space. Canoo is utilizing true steer by wire technology, reducing moving parts and cabin intrusion, resulting in more usable interior space, better driver ergonomics and the addition of a panoramic window to improve road visibility.
The LDV is engineered for high frequency stop-and-go deliveries and speedy vehicle to door drop-off, including grocery and food/meal delivery. Its customized interior is designed for small package delivery, at competitive per stop economics. The modular design and 120 cubic feet cargo volume are adaptable to evolve with customer needs which contributes to a decreasing per unit investment over time.
Canoo’s electric vehicles will be driven by Walmart associates and used to deliver online orders, from groceries to general merchandise, as well as the potential to be used for Walmart GoLocal, the retailer’s delivery-as-a-service business.
Thanks, that’s it for today. Do something good for this beautiful planet each and every day.
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