Walmart to Expand EV Charging Network

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by KnowESG,

Walmart Inc.

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Image courtesy of https://corporate.walmart.com/

Walmart announced its plan to make electric vehicle ownership more accessible and affordable for customers and members across the United States.

Walmart intends to build its own EV fast-charging network at thousands of Walmart and Sam's Club locations coast-to-coast by 2030. The company stressed that this move aligns with its commitment to sustainability and reducing carbon emissions.

The company's plan to expand its EV charging network is in addition to the 1,300 EV fast-charging stations that it already has available at over 280 facilities in the United States.

It has the unique advantage of having a store or club located within 10 miles of almost 90% of Americans. This advantage, coupled with the expansion of its EV charging network, positions Walmart to provide a convenient charging option that will make EV ownership possible for people in rural, suburban, and urban areas.

Walmart's goal is to cater to the needs of its customers and members by offering a reliable charging option in a clean, bright, and safe location. The company also said that easy access to on-the-go charging is a game-changer for drivers who have been hesitant to purchase an EV due to concerns about finding a charger when needed.

Furthermore, Walmart's EV chargers will be located on-site at its Supercenters, Neighborhood Markets, and Sam's Clubs, providing customers and members with the convenience of picking up essential items for their families or grabbing a quick meal while their EV charges.

Walmart's purpose of delivering affordable products and services is reflected in its goal to offer "Every Day Low Price" charging, contributing towards reducing transportation costs, which is still the second highest household expense in many parts of the country. Its commitment to sustainability, affordability, and convenience is the driving force behind this initiative.

The company's EV charging network expansion will also contribute to the growth of domestic EV charging capacity across different states as more drivers transition to EVs. This commitment aligns with Walmart's goal of helping its customers and members live better, easier, and more sustainable lives.

Walmart views this initiative as a natural extension of its ongoing efforts to provide affordable and convenient services to its customers while also contributing towards a cleaner and more sustainable future.

This plan is the latest investment in the company's ongoing efforts to transform its business and product supply chains to be more regenerative. It will contribute towards reducing emissions and increasing efficiencies for its customers.

The company has been taking several measures towards achieving its goal of zero emissions by 2040, including tests across its supply chain vehicle and fuel classes.

Additionally, Walmart's W+ customers have already been receiving their deliveries via electric vehicles since last year, aligning with the company's commitment to sustainability and reducing its carbon footprint.

According to the spokesperson from Walmart, the changing landscape of vehicle ownership has also brought about changes in the company's business model. Walmart has become known as much for its convenience as for its Every Day Low Price. The company remains committed to providing its customers, members, associates, suppliers, and communities with the services they need and want in a way that aligns with their lifestyles.

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Source: Walmart

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