Canoo receives a lifeline from Walmart after relocating its headquarters to the retailer's backyard

Canoo receives a lifeline from Walmart after relocating its headquarters to the retailer’s backyard

Walmart has arrived to save Canoo, an ailing EV manufacturer. It comes in the form of a very helpful order of 4,500 all-electric delivery vehicles from the big box retailer/e-commerce behemoth, with the option to purchase up to 10,000. Walmart and Canoo became neighbors last year when Canoo’s headquarters relocated from California to Walmart’s turf in Bentonville, Arkansas — but no public deals were announced at the time.