NKLA - Walmart expands EV hydrogen transportation pilots

Walmart (NYSE:WMT) is expanding its partnerships with electric, hydrogen and natural gas-powered vehicles in pursuit of the company’s zero emissions standard across global operations by 2040. “You’ve seen us be among the first to use 100% electric self-driving cars and class 3 trucks, electric delivery vans and even drones,” a company announcement on Wednesday read. “But there’s another fleet we’re committed to transforming, one that will have an even bigger impact on achieving our zero emissions goal: our Class 8 transportation fleet.” The release adds that the fleet will now utilize vehicles powered by compressed natural gas supplied by Chevron (CVX) and powered by Cummins (CMI) engines as well as battery-electric vehicles from Freightliner and Nikola (NKLA). These vehicles were cited as key to carrying the company to sustainability goals while it still works to develop hydrogen-powered options. “While the use of hydrogen is still in early development, we’re excited

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Walmart expands EV, hydrogen transportation pilots