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Canoo Inc Inks Deal With Walmart For Up To 10,000 EVs

Canoo Stock Could Make Gains of 500%+

Electric vehicle (EV) maker Canoo Inc (NASDAQ:GOEV) has finally given its long-suffering shareholders something to cheer about. The company recently announced a deal to provide Walmart Inc (NYSE:WMT) with thousands of delivery vans.

“Canoo is now in a position to issue guidance at a time when many others in the industry are reducing targets and projections,” said Tony Aquila, Canoo Inc’s chairman and CEO. “The Company has now refined its manufacturing strategy and assembled a team to execute the production roadmap for 2022 – 2025.”

Click here to see what Canoo announced it had raised its annual EV production targets

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