Xos, Inc. Powers Crown Linen Service, Inc.’s Energy Initiatives with Battery-Electric Stepvans
Xos has received a purchase order from Crown Linen Service for two fully electric 22' stepvans, marking Crown Linen's commitment to sustainability and environmental responsibility. The Xos SV stepvans, featuring zero tailpipe emissions, are designed to deliver long-term total cost of ownership savings while supporting Crown Linen's energy efficiency initiatives. This partnership represents another step forward in the uniform and linen industry's transition to electric vehicles, combining environmental benefits with operational efficiency.
Xos ha ricevuto un ordine di acquisto da Crown Linen Service per due furgoni elettrici da 22 piedi, che segna l'impegno di Crown Linen verso la sostenibilità e la responsabilità ambientale. I furgoni elettrici Xos SV, che non emettono gas di scarico, sono progettati per garantire risparmi a lungo termine sui costi totali di proprietà, sostenendo le iniziative di efficienza energetica di Crown Linen. Questa partnership rappresenta un ulteriore passo avanti nella transizione dell'industria degli indumenti e della biancheria verso i veicoli elettrici, unendo benefici ambientali ed efficienza operativa.
Xos ha recibido un pedido de compra de Crown Linen Service para dos furgones eléctricos de 22 pies, lo que destaca el compromiso de Crown Linen con la sostenibilidad y la responsabilidad ambiental. Los furgones eléctricos Xos SV, que cuentan con cero emisiones de escape, están diseñados para ofrecer ahorros a largo plazo en el costo total de propiedad, al mismo tiempo que apoyan las iniciativas de eficiencia energética de Crown Linen. Esta asociación representa otro avance en la transición de la industria de uniformes y lencería hacia los vehículos eléctricos, combinando beneficios ambientales con eficiencia operativa.
Xos가 Crown Linen Service로부터 22피트 전기 스텝밴 두 대에 대한 구매 주문을 받았습니다. 이는 Crown Linen의 지속 가능성과 환경 책임에 대한 노 commitment을 보여줍니다. Xos SV 스텝밴은 배기가스가 전혀 없는 설계를 갖추고 있으며, Crown Linen의 에너지 효율성 이니셔티브를 지원하면서 장기적으로 총 소유 비용 절감 효과를 제공합니다. 이 파트너십은 유니폼 및 리넨 산업이 전기차로의 전환에서 또 하나의 진전을 의미하며, 환경적 이점과 운영 효율성을 결합하고 있습니다.
Xos a reçu une commande d'achat de Crown Linen Service pour deux fourgonnettes électriques de 22 pieds, ce qui souligne l'engagement de Crown Linen envers la durabilité et la responsabilité environnementale. Les fourgonnettes Xos SV, dotées de zéro émission d'échappement, sont conçues pour offrir des économies à long terme sur le coût total de possession, tout en soutenant les initiatives d'efficacité énergétique de Crown Linen. Ce partenariat représente une nouvelle avancée dans la transition de l'industrie des uniformes et de la lingerie vers des véhicules électriques, alliant avantages environnementaux et efficacité opérationnelle.
Xos hat einen Kaufauftrag von Crown Linen Service für zwei voll elektrische 22-Fuß-Stepvans erhalten, was das Engagement von Crown Linen für Nachhaltigkeit und Umweltverantwortung unterstreicht. Die Xos SV Stepvans, die keine Abgase emittieren, sind darauf ausgelegt, langfristige Einsparungen bei den Gesamtkosten des Eigentums zu ermöglichen und gleichzeitig die energieeffizienten Initiativen von Crown Linen zu unterstützen. Diese Partnerschaft stellt einen weiteren Fortschritt in der Umstellung der Uniform- und Leinenbranche auf elektrische Fahrzeuge dar und kombiniert Umweltvorteile mit betrieblicher Effizienz.
- Secured new purchase order for two electric stepvans
- Expanding presence in the uniform and linen industry
- Products offer long-term TCO savings potential
- None.
Insights
This small order of two stepvans represents minimal revenue impact for Xos, given its market position. While the deal demonstrates continued market penetration in the commercial fleet sector, particularly in the linen service industry, the scale doesn't materially affect the company's financial outlook. The focus on total cost of ownership (TCO) savings could help drive future sales, but without disclosed pricing or revenue figures, the immediate financial impact is negligible.
The uniform and linen industry represents a promising vertical for electric stepvan adoption due to predictable routes and return-to-base operations. However, Xos faces intense competition from larger players in the commercial EV space. For a company with a
LOS ANGELES, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets, is excited to announce a purchase order from Crown Linen Service, Inc., a leading provider of linen and uniform rental services. Crown Linen has ordered two fully electric 22' stepvans, reflecting its commitment to sustainability and reducing its environmental impact.
“We are thrilled to partner with XOS, Inc. in our journey towards a greener future,” said Plato Spilios, Co-President of Crown Linen Service, Inc. “Integrating electric vehicles into our fleet is a crucial part of our strategy to provide environmentally responsible services to our customers while maintaining the highest standards of efficiency and reliability.”
The Xos SV stepvans, with zero tailpipe emissions, align with Crown Linen’s comprehensive energy efficiency and sustainability initiatives. In addition to contributing to cleaner air, these electric vehicles are engineered to deliver long-term total cost of ownership (TCO) savings, making them a smart choice for businesses.
“We’re proud to support Crown Linen’s sustainability goals,” said Dakota Semler, CEO and Co-Founder of Xos, Inc. “Our electric vehicles not only help reduce carbon tailpipe emissions but also provide cost savings and superior performance. We are confident that Crown Linen will experience the full range of benefits that come with switching to electric.”
Crown Linen Service, Inc. joins a growing list of businesses in the uniform and linen industry transitioning to Xos’ electric vehicles. By adopting electric stepvans, they advance their sustainability efforts while benefiting from efficient, reliable, and cost-effective operations.
About Xos, Inc.
Xos is a leading technology company, electric truck manufacturer, and fleet services provider for battery-electric fleets. Xos vehicles and fleet management software are purpose-built for medium- and heavy-duty commercial vehicles that travel on last-mile, back-to-base routes. The company leverages its proprietary technologies to provide commercial fleets with battery-electric vehicles that are easier to maintain and more cost-efficient on a total cost of ownership (TCO) basis than their internal combustion engine counterparts. For more information, visit www.xostrucks.com.
Contacts
Xos Media Relations
press@xostrucks.com
About Crown Linen Service, Inc
Founded in 1914, Crown Linen Service, Inc. has built a reputation for excellence in the linen and uniform rental industry, serving a diverse clientele with top-notch products and services. Family-owned and operated for over 100 years, the company proudly serves the healthcare, dental, industrial, and food and beverage industries, equipping them with the proper uniforms, apparel, linens, and floor care services to keep their teams and facilities safe, professional, and pristine.
Sustainability Initiatives:
Crown Linen Service, Inc. has implemented various sustainability initiatives to reduce its environmental impact:
Water and The Green / Ecofriendly Movement: Identifying opportunities to reduce waste, reuse materials, and recycle what cannot be reduced or reused.
Hanger Recycling Program: Collecting wire hangers, cleaning, and reusing them to prevent waste and reduce new hanger production.
Recycling Decommissioned Uniforms and Linens: Repurposing or donating linens and uniforms that no longer meet quality standards. Medical uniforms and lab coats are given to non-profits like the Red Cross and Doctors Without Borders.
Paper, Plastics, Metal Recycling: Implementing single-stream recycling and training staff to maximize recycling efforts.
Reusables in the Workplace: Transitioning from disposable cups and mugs to reusable ones, with "Mug Walls" installed for easy access and reuse.
Polybag Re-use and Recycling: Using recycled content poly-bags for hygienic delivery of medical garments and reducing their environmental impact.
Energy Efficiency Initiatives:
Green Transportation: Replacing the delivery fleet with "clean" diesel vehicles, upgrading the sales fleet to energy-efficient Toyota Priuses, instituting a route management system, and setting anti-idling policies.
Upgraded Lighting: Installing super-efficient T-5 and LED lighting, motion light sensors, automated timers for office electronics, and end-of-day office shutdown policies.
Solar Panels: Partnering with GE to install solar panels on the roof, providing 1/3 of the plant's electrical capacity.
Heat Reclamation System: Using wastewater heat for incoming water to reduce gas and energy costs and environmental pollution.
For more information about Crown Linen Service, Inc. and its sustainability initiatives, please visit www.crownuniform.com.
Contact:
Plato Spilios
Co-President
Crown Linen Service, Inc.
800-221-2725
www.crownuniform.com
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This website and other items we publish, including through social media outlets, may include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements, including but not limited to: (i) Xos, Inc.’s (“Xos”) ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities, (ii) Xos’ limited operating history, (iii) cost increases and supply chain shortages in the components needed for the production of Xos’ vehicle chassis and battery system, (iv) Xos’ ability to meet production milestones and fulfill backlog orders, (v) changes in the industries in which Xos operates, (vi) variations in operating performance across competitors, (vii) changes in laws and regulations affecting Xos’ business, (viii) Xos’ inability to implement its business plan or meet or exceed its financial projections (ix) Xos’ ability to retain key personnel and hire additional personnel, (x) the risk of downturns and a changing regulatory landscape in the highly competitive electric vehicle industry and (xi) the outcome of any legal proceedings that may be instituted against Xos.
You should carefully consider the preceding factors and the other risks and uncertainties described in Xos’ filings with the Securities and Exchange Commission (the “SEC”), including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Copies of Xos’ SEC filings may be obtained by visiting Xos’ Investors Relations website at investors.xostrucks.com or the SEC’s website at www.sec.gov. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Xos assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
FAQ
What type of vehicles did Crown Linen Service order from Xos (XOS)?
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