CNBC: EV maker Canoo shares surge after Walmart orders 4,500 electric delivery vans

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CNBC: EV maker Canoo shares surge after Walmart orders 4,500 electric delivery vans

 

Electric vehicle startupCanoosaid TuesdayWalmarthas agreed to buy at least 4,500 of its upcoming electric delivery vans, in a significant win for the embattled vehicle maker.

Shares of Canoo gained more than 50% following the news.