BofA Securities Reiterates Buy Rating on Walmart (WMT)

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Walmart (WMT) plans expansion of EV charging network across America

April 6, 2023 10:59 AM EDT

Walmart Inc. (NYSE: WMT) announced Thursday that the American retailer plans to build their own EV fast-charging network at thousands of Walmart and Sams Club locations across the country by 2030. This would be in addition to the almost 1,300 EV fast-charging stations already available at more than 280 U.S. facilities.

Vishal Kapadia, Senior Vice President of Energy Transformation at Walmart, wrote in the... More