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Revenue for the full year 2023 improved to $44.5 million from $36.4 million in 2022. Xos achieved positive gross margins in the third and fourth quarters of 2023.
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The all-stock acquisition will give Xos access to ElectraMeccanica's cash balance of $48.5 million to fund the expansion of Xos' electric trucks in fleets.
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The suite of Xos DC Fast Chargers are compatible with both passenger and commercial electric vehicles.
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The W.W. Williams Company was named as an Xos pilot service provider in Arizona
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Merchants ordered 58 battery-electric vans from Xos, which are being delivered to three locations for Merchants Fleet during the second quarter of 2022.
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A new Charged Fleet video tackles a lingering question regarding electric vehicles: How do we build better batteries that last in the long run? Get the answer from the CTO of XOS Trucks!
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With at least two dozen manufacturers ready to serve the commercial vehicle market with electric trucks and chassis, fleets will soon be making tough decisions they never had to with ICE vehicles.
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How is EV truck maker XOS carving out a niche in the commercial delivery market? Hear about the company’s plans and thoughts on fleet electrification in this new video episode of Fast Forward.
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Five different FedEx Corporation independent service providers received vehicles during the month of March.
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Xos has partnered with truck dealer Murphy-Hoffman Company to open seven service centers in six states.
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