Walmart, Ford partner to test grocery delivery with self-driving cars [MarketWatch]
Walmart Inc. (WMT)
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Source: MarketWatch
Walmart, Ford partner to test grocery delivery with self-driving cars Walmart Inc. WMT, -0.18% said Wednesday it was partnering with Ford Motor Co. F, +0.52% to test a grocery delivery service using self-driving vehicles. The pilot program is taking place in Miami-Dade County in Florida. Walmart said Postmates, which is already connected to Ford's digital platform, serves as its delivery partner in Miami. "Walmart and Ford agree autonomous vehicles have an important role to play as we consider the future of delivery," said Tom Ward, senior vice president of digital operations at Walmart U.S. Analyst Jeremy Acevedo at Edmunds said for Ford, "doubling down" on the commercial side of self-driving technology is a safer bet for Ford, but could be one that pays off well in the end. "Solving commercial challenges is far easier than solving commuter ones, and is most likely the area where self-driving technology will take off first," Acevedo wrote in a note. Walmart's stock rose 0.7% in
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WMT
Earnings
- 2/20/24 - Beat
WMT
Sec Filings
- 4/11/24 - Form 4
- 4/11/24 - Form 4
- 4/2/24 - Form 4
- WMT's page on the SEC website