Walmart deal with EV startup comes with strings: No Amazon
Bloomberg News
Walmart Inc.’s deal backing an electric-vehicle startup Canoo Inc. has some strings, including a provision preventing sales to rival Amazon. The retail giant’s agreement to purchase as many as 10,000 battery-powered vans from Canoo Inc. provides a lifeline for the fledgling auto manufacturer. The caveat blocking sales to Amazon was disclosed in a securities filing on […]