Xos, Inc. Unveils Body Build Video of Fully-Electric Loomis Vehicles by CITE Armored
Xos, Inc. (NASDAQ: XOS) recently showcased a video featuring the collaboration with CITE Armored and Loomis, highlighting their partnership in developing fully-electric armored vehicles for cash-in-transit services. These vehicles leverage Xos' customizable X-Platform chassis and battery systems, boasting ballistic protection for safety. The collaboration has been ongoing since 2018, emphasizing reliability and safety in transporting valuables. CITE Armored recently celebrated its 20th anniversary, marking a long-term relationship with Loomis as its first customer.
- Successful long-term partnership with Loomis, enhancing market credibility.
- Deployment of fully-electric armored vehicles since 2018, showcasing innovation.
- Features proprietary X-Platform chassis and battery systems, leading to competitive advantage.
- None.
LOS ANGELES, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through Class 8 battery-electric vehicles and powertrains, and provider of charging infrastructure and fleet management software, today unveiled a video showcasing a truck build at CITE Armored, a leader in custom security manufacturing, for customer Loomis, an industry leader in cash-in-transit and armored transportation services.
“It’s been a great working relationship with Xos and Loomis on building these fully-electric armored vehicles,” said Teresa Hubbard, CEO of CITE Armored in the video. “This is for hauling valuables: cash, jewelry, and gold for the Federal Reserve. The chassis that we build on has to be reliable, and we know that they’re going to last in the same manner that the body we’re building will.”
Through the collaborative effort with Xos, fully-electric armored Loomis vehicles have been on the road since 2018, featuring Xos’ proprietary and customizable X-Platform chassis and battery systems. The armored Loomis vehicles have ballistic protection to keep drivers, operators, and assets safe from harm. CITE Armored, based in Memphis, Tenn., celebrated its 20th year in business at the start of 2022, and also Loomis as its first customer.
Watch the video here.
About Xos, Inc.
Xos is a leading original equipment manufacturer of Class 5 through Class 8 battery electric vehicles and the tools to adopt them. 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 of 200 miles or less per day. The company leverages its proprietary technologies to provide commercial fleets with zero-emission 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, please visit www.xostrucks.com.
Contacts
Xos Investor Relations
investors@xostrucks.com
Xos Media Relations
press@xostrucks.com
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