Walmart blocks Amazon from purchasing any EV’s from startup Canoo

Electric VehiclesHigh Tech / High TouchSalesMoney Matters
Written By Jennifer Joslyn

🚫 Walmart has struck a deal with the electric-vehicle startup Canoo, but under some head-turning conditions.

Canoo agreed to Walmart’s provision to refuse sales of their battery-powered delivery vans to Walmart’s biggest competitor, Amazon. The mega-retailer has agreed to purchase up to 10,000 units of electric vehicles in order to support its green initiatives. The first purchase has begun with a total of 4,5000 vans and Canoo relocated its headquarters to Bentonville, Arkansas in order to be based in the Walmart hometown.

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Jennifer Joslyn
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