

These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, expectations and timing related to commercial product launches and the achievement of operational milestones, including the ability to meet and/or accelerate anticipated production timelines, Canoo's ability to capitalize on commercial opportunities, current or anticipated customer orders, and expectations regarding the development of facilities. Forward- looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The information in this press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. 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. The smaller footprint, tight turning radius and ease of maneuverability support narrow roads and driveway parking making the LDV ideal for new and veteran delivery drivers.Ĭanoo and Walmart recently announced an agreement to purchase 4,500 all-electric delivery vehicles, beginning with the LDV, with the option to purchase up to 10,000 units.
Walmart car battery driver#
The modular design and 120 cubic feet of cargo volume that's adaptable to evolve with Walmart's business strategy including its focus to become a regenerative zero emissions company by 2040.Įngineered with the driver in mind, the modular vehicle is designed for swift loading and unloading. The interior is customized to Walmart's specific use-case at competitive per stop economics. The LDV is engineered for high frequency stop-and-go deliveries and rapid vehicle to door drop-off, including grocery and food/meal delivery.

This platform is the foundation for all Canoo vehicles and enables more usable space for the cabin and cargo area. The LDV is built on Canoo's proprietary multi-purpose platform (MPP) architecture that integrates the motor, battery module, critical driving components and proprietary flat leaf spring suspension.

The LDV: Modular and engineered for industry leading ROI
