Walmart plans $200 million spend on forklifts, report

News Story
- 1 Aug 2024 ( #1190 ) - New York, NY, United States
1 min read
With a FoxBot, Walmart associate Jose Molina has three times the output than manual handling
With a FoxBot, Walmart associate Jose Molina has three times the output than manual handling

American retail giant Walmart plans to invest USD200 million on autonomous forklifts, according to an exclusive Reuters report, citing three unnamed people familiar with the matter. 

In April, Walmart announced a rollout of 19 autonomous forklifts at four of its distribution centres after a 16 month trial of FoxBot autonomous forklifts.

The Reuters report says the massive investment in autonomous forklifts would occur in stages over several years. 

Camille Dunn, a Walmart spokesperson, declined to comment to Reuters and referred the news agency to Walmart’s April announcement about FoxBots.

"We evaluate the performance at each phase to determine if the technology meets our ability to better serve customers," she says in an email. "Some initiatives we scale, some initiatives we don't."

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As the material handling industry moves toward electrification, Volvo Penta’s electromobility platform offers purpose-built electric drivelines and energy storage subsystems tailored to the practical needs of industrial applications. Developed by the Volvo Group, this platform builds on proven technology already in use across heavy-duty applications such as trucks and construction equipment.

Visit us at TOC Europe - Booth C24.