Leading the Charge: Walmart Announces Plan To Expand Electric Vehicle Charging Network

Rhea-AI Summary

Walmart and Sam's Club are launching a plan to make electric vehicle (EV) ownership more accessible and convenient across the U.S. by building a fast-charging network by 2030. This expansion will complement the existing nearly 1,300 EV fast-charging stations across 280 locations. With a presence within 10 miles of approximately 90% of Americans, Walmart aims to alleviate charging concerns for potential EV owners, enhancing confidence in their purchasing decisions.

Customers will benefit from Every Day Low Price charging while shopping or dining, addressing the significant household transportation costs. The initiative is part of Walmart's broader commitment to sustainability, aiming for zero emissions by 2040. This move reflects Walmart’s strategy to adapt to the evolving landscape of vehicle ownership while promoting convenience and sustainability for customers.

Positive

• Plans to build a nationwide EV fast-charging network by 2030.
• Nearly 1,300 existing EV charging stations enhance customer convenience.
• Located within 10 miles of 90% of Americans, increasing accessibility.
• Charging stations to offer low-cost options for customers.
• Supports Walmart's sustainability goal of zero emissions by 2040.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / April 14, 2023 / As our customers and members continue to look for ways to save money and live better, I am excited to announce our plans at Walmart and Sam's Club in the U.S. to make electric vehicle (EV) ownership more accessible, reliable, convenient and affordable for them across the country. By 2030, we intend to build our own EV fast-charging network at thousands of Walmart and Sam's Club locations coast-to-coast. This would be in addition to the almost 1,300 EV fast-charging stations we already have available at more than 280 U.S. facilities.

With a store or club located within 10 miles of approximately 90% of Americans, we are uniquely positioned to deliver a convenient charging option that will help make EV ownership possible whether people live in rural, suburban or urban areas. Our goal is to meet the needs of customers and members where they live and open the road to those driving across the country. Easy access to on-the-go charging is a game-changer for drivers who have been hesitant to purchase an EV for concerns they won't be able to find a charger in a clean, bright and safe location when needed.

What's more, with our chargers located on site with our Supercenters, Neighborhood Markets and Sam's Clubs, we can offer customers and members the convenience of being able to pick up essentials for their families or grab a bite to eat while they charge. And in line with our purpose, we aim to offer Every Day Low Price charging - helping ease transportation costs, still the second highest household cost for much of our country.

At the same time, as more drivers transition to EVs, our network growth will help expand domestic EV charging capacity across states. We see our commitment today as a natural extension of our work to help customers and members live better, easier and more sustainable lives - a big win for busy families and drivers everywhere, our country and the planet.

This plan marks the latest investment in our efforts to transform our business and product supply chains to be more regenerative, in this case helping reduce emissions and increase efficiencies for customers. For example, we announced tests across our supply chain vehicle and fuel classes toward our goal of achieving zero emissions by 2040. And as of last year, many of our W+ customers have already been receiving their deliveries via electric vehicles.

The way vehicle ownership looks is changing fast, and so is our business. Today, we are as known for convenience as we are for Every Day Low Price. We are committed to providing customers, members, associates, suppliers and our communities at large with the services they need and want, in a way that fits their lifestyle - making EV ownership easy and simple is no exception.

View additional multimedia and more ESG storytelling from Walmart on 3blmedia.com.

Contact Info:
Spokesperson: Walmart
Website: https://www.3blmedia.com/profiles/walmart
Email: info@3blmedia.com

SOURCE: Walmart

View source version on accesswire.com:
https://www.accesswire.com/749262/Leading-the-Charge-Walmart-Announces-Plan-To-Expand-Electric-Vehicle-Charging-Network

FAQ

What is Walmart's plan for electric vehicle charging?

Walmart plans to build a nationwide EV fast-charging network by 2030, adding to its existing 1,300 charging stations.

How will Walmart's charging network benefit customers?

The network will provide convenient and affordable charging options, enabling more consumers to consider EV ownership.

What is the significance of Walmart's EV charging initiative?

It reflects Walmart's commitment to sustainability and aims to ease transportation costs while supporting the transition to electric vehicles.

When does Walmart plan to complete the EV charging network?

Walmart aims to have the EV fast-charging network operational by 2030.

How many electric vehicle charging stations does Walmart currently have?

Walmart currently operates nearly 1,300 EV fast-charging stations.