XOS Trucks's Product Videos
XOS Trucks's Products & Differentiators
Xos SV05 Stepvan
A 100% battery-electric Class 5 or 6 stepvan that can operate delivery routes of up to 200 miles or less on a single charge.
Research containing XOS Trucks
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned XOS Trucks in 1 CB Insights research brief, most recently on Jul 12, 2021.
Expert Collections containing XOS Trucks
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
XOS Trucks is included in 1 Expert Collection, including Auto Tech.
Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.
Latest XOS Trucks News
Oct 5, 2023
Author of the article: Article content LOS ANGELES, Oct. 05, 2023 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS) is proud to announce that their 2023 Xos SV is eligible for impressive incentives in place by both federal and state governments. With IRS approval as a qualified manufacturer for the Commercial Clean Vehicle Credit, Xos customers are eligible to receive up to a $40,000 tax credit for deliveries of all Xos Stepvans until the program ends in 2032. “We are thrilled our customers will be eligible to take advantage of these incentives,” said Xos CEO, Dakota Semler. “Our goal is to make fleet electrification a smooth and easy transition, and these incentives make it even easier, and more cost effective for our customers to make the switch to electric.” Advertisement 2 THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Exclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others. Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account. National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on. Daily puzzles, including the New York Times Crossword. REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. or Article content Article content In addition to the federal incentives, Xos customers are also eligible for the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) which can save them up to $85,000 on the purchase price of an Xos Stepvan. Xos stepvans are also eligible for incentives in other states such as Texas, New Jersey, New York, and Colorado. You can view more incentives at xostrucks.com/incentives . Xos Trucks is committed to making fleet electrification more accessible and affordable for businesses. With the incentives available, Xos customers can save thousands of dollars on the purchase of an Xos Stepvan. About Xos, Inc. Xos is a leading technology company, fleet services provider, and original equipment manufacturer of Class 5 through Class 8 battery-electric vehicles. 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 up to 270 miles or less per day. 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 . Advertisement 3 Cautionary Statement Regarding Forward-Looking Statements This press release includes “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 include, but are not limited to, statements regarding expectations and timing related to manufacturing quality, production yields, product deployments and launches; sufficiency of existing cash reserves; customer acquisition and order metrics. These forward-looking statements may be identified by the words “believe,” “plan,” “project,” “potential,” “seem,” “seek,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “target,” “opportunity,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions and any other statements that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. 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 in this press release, including but not limited to: (i) 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 delays in production due to 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’ ability to implement its business plan or meet or exceed its financial projections, (ix) Xos’ ability to retain key personnel and hire additional personnel, particularly in light of current and potential labor shortages, (x) the risk of downturns and a changing regulatory landscape in the highly competitive electric vehicle industry, (xi) Xos’ ability to service its indebtedness, (xii) macroeconomic and political conditions, and (xiii) the outcome of any legal proceedings that may be instituted against Xos. All forward-looking statements included in this press release are expressly qualified in their entirety by, and you should carefully consider, the foregoing factors and the other risks and uncertainties described under the heading “Risk Factors” included in Xos’ Annual Report on Form 10-K for the fiscal year ended December 31, 2022 filed with the Securities and Exchange Commission (the “SEC”) on March 31, 2023 and Xos’ other filings with the SEC copies of which may be obtained by visiting Xos’ Investors Relations website at https://investors.xostrucks.com/ or the SEC’s website at www.sec.gov. These filings 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. Xos does not give any assurance that it will achieve its expectations. Article content Share this Story : Xos Stepvans Eligible for Thousands in State and Federal Incentives
XOS Trucks Frequently Asked Questions (FAQ)
When was XOS Trucks founded?
XOS Trucks was founded in 2016.
Where is XOS Trucks's headquarters?
XOS Trucks's headquarters is located at 11347 Vanowen Street, North Hollywood.
What is XOS Trucks's latest funding round?
XOS Trucks's latest funding round is Reverse Merger.
How much did XOS Trucks raise?
XOS Trucks raised a total of $20.2M.
Who are the investors of XOS Trucks?
Investors of XOS Trucks include NextGen Acquisition, Elemental Excelerator, BUILD Capital Partners, Proeza Ventures and Lane VC.
Who are XOS Trucks's competitors?
Competitors of XOS Trucks include Volta Trucks.
What products does XOS Trucks offer?
XOS Trucks's products include Xos SV05 Stepvan and 4 more.
Compare XOS Trucks to Competitors
Renault Trucks offers commercial vehicle users a large choice of services and vehicles (from 3.1 to 120 T) adapted to a wide range of transport activities: It is based in Saint Priest, France.
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Volta Trucks manufactures electric commercial vehicle solutions. It manufactures and provides services for zero-tailpipe emission electric trucks. The company was founded in 2019 and is based in Stockholm, Sweden. In October 2023, Volta Trucks filed for bankruptcy.