Electric Vehicles
Canoo to Outsource Production of Its First Electric Vans for Walmart
Canoo's electric delivery van.
Source: Canoo/PRNewswireThis article is for subscribers only.
Canoo Inc. will use a third party to build its first electric delivery vans for Walmart Inc., a change from previous plans to begin assembly at the startup’s factory in Bentonville, Arkansas, by the end of this year.
The fledgling EV company, which scored a big win by reaching a deal with Walmart last month, will use an unspecified contractor for initial output of its debut EV by year’s end, Tony Aquila, Canoo’s chief executive officer, said Monday on a call with analysts.