#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 .
Listen to the Podcast:
https://www.investorideas.com/Audio/Podcasts/2022/071222-CleanTech.mp3
Read this in full at https://www.investorideas.com/news/2022/cleantech-climatechange/07121GOEV-WMT.asp
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to the cleantech and climate change podcast on Spotify
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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