Welcome to our dedicated page for Xos news (Ticker: XOS), a resource for investors and traders seeking the latest updates and insights on Xos stock.
Xos Inc (XOS) is a leader in electric mobility solutions for commercial fleets, specializing in battery-electric vehicles and energy systems designed for last-mile logistics. This news hub provides investors and industry professionals with official updates and strategic developments directly from the company.
Access timely announcements including quarterly earnings, product launches, and partnerships that demonstrate Xos's commitment to sustainable transportation technology. Our curated collection features press releases, SEC filings, and operational milestones critical for evaluating the company's market position.
Discover updates on proprietary technologies reducing fleet ownership costs and innovations in mobile charging infrastructure. This resource serves as your central reference for tracking Xos's progress in electrifying medium- and heavy-duty commercial vehicles across North America.
Bookmark this page for streamlined access to verified Xos Inc developments. Check regularly for new insights into fleet electrification strategies and industry leadership in sustainable transport solutions.
Xos, a prominent electric truck manufacturer, unveiled its 2023 Battery-Electric Stepvan, designed to reduce production costs significantly. Built on the X-Platform™ chassis, this next-gen Stepvan integrates enhanced telematics and over-the-air updates to improve fleet efficiency. CEO Dakota Semler announced that these engineering innovations aim to achieve a positive gross margin for the company by mid-2023. The Stepvan's structural upgrades enable greater payloads and operational efficiency. Xos is showcasing this vehicle at Work Truck Week in Indianapolis, emphasizing its potential for fleet operators.
Xos, Inc. (NASDAQ: XOS) has announced a purchase order with Loomis for 150 additional armored electric vehicles (EVs) in the U.S. market. Loomis currently operates 20 armored EVs from Xos. Since 2019, Loomis has integrated armored electric vehicles to reduce fleet emissions, aligning with its commitment to sustainability. This order marks a significant step in decreasing dependency on fossil fuels.
Both companies emphasize the importance of reliable and durable vehicles for cash-in-transit operations, showcasing their dedication to innovative solutions that enhance operational efficiency while minimizing environmental impact.
Loomis has signed an agreement with Xos, Inc. for the delivery of 150 armored electric vehicles (EVs) in the US, building on their previous order of 20 EVs. This initiative reflects Loomis' commitment to sustainability, aiming to reduce transportation emissions as their fleet accounts for the largest climate impact. Under their Sustainability-Linked Finance Framework, Loomis targets a 20% reduction in carbon emissions by 2025 compared to 2019 levels. The first deliveries are expected in the second half of 2023, marking a significant step towards transforming their fleet while maintaining high security standards.
Xos, Inc. (NASDAQ: XOS) has promoted Jessica Savage to Vice President of Service and Distribution as of January 26, 2023. With over 12 years of trucking industry experience, Savage will lead the company's service, distribution, and customer experience teams. Her prior role as Director of Distribution saw her building Xos's dealership and distribution network. CEO Dakota Semler praised her contributions to dealer and partner success, anticipating further growth under her leadership. Xos specializes in battery-electric commercial vehicles for medium- and heavy-duty applications, emphasizing lower total cost of ownership compared to traditional engines.
Xos, Inc. (NASDAQ: XOS) has launched a mobile fleet management application, Xosphere Go™, designed for fleet owners and operators to manage their battery-electric vehicles and chargers conveniently. Available for free on iOS and Android, the app enhances accessibility to Xos’s proprietary Xosphere® software, which helps users monitor vehicle health and performance. This initiative supports the transition to electric vehicles by providing tools for maximizing battery range and maintenance. Xosphere Go offers functionalities ranging from service requests to performance reports.
Xos, Inc. (NASDAQ: XOS) has successfully installed its first charging infrastructure at a Southern California location for Loomis, a key customer for four years. The partnership now extends to charging solutions through Xos Energy Solutions, aimed at facilitating Loomis's transition to electric fleet operations. Loomis operates 20 battery-electric trucks from Xos. The collaboration emphasizes Xos's commitment to providing comprehensive solutions to enhance fleet efficiency and sustainability. For more details, view the company’s video on their latest infrastructure.
Xos, Inc. (NASDAQ: XOS) has released a video featuring delivery driver Jessey Ray Hughes discussing his experience driving a 100% battery-electric Xos stepvan.
Hughes, who has over 20 years of experience operating traditional combustion engine trucks, shares his insights on transitioning to electric vehicles while working for Jones Contract Deliveries in Texarkana, Texas. This video showcases the benefits of battery-electric commercial vehicles, which are designed for efficiency and lower total cost of ownership.
Xos, Inc. (NASDAQ: XOS) has secured a purchase order for 30 battery-electric stepvans from Alsco Uniforms, a global uniform and linen rental services company. The vehicles will be deployed across five facilities in California, enhancing Alsco's fleet electrification efforts aligned with their ESG initiatives. The deployment includes nine vehicles each to Santa Rosa and San Jose, seven to San Francisco, three to Concord, and two to Los Angeles. This partnership signifies Xos's expanding footprint in the uniform and linen services sector.
Xos, Inc. (NASDAQ: XOS) has entered into a dealership agreement with Foley Equipment Company, enhancing their sales and service capabilities across Western Kansas.
Foley will offer Xos’ Class 5 and 6 stepvans, medium-duty Class 6 and 7 chassis cabs (MDXT™), along with heavy-duty Class 8 electric trailers (HDXT™). This partnership expands Xos’ dealership network to five dealers across North America, supporting their mission to provide zero-emission vehicles. The agreement aligns with the growing energy transition in the trucking industry.
