Xos Grows Fleet Deliveries
14 Setembro 2023 - 9:37AM
Xos, Inc. (NASDAQ: XOS) is pleased to announce the delivery of 100%
battery-electric stepvans to several parcel and delivery
independent service providers in Tennessee and California. The
vehicles delivered are supported by continued collaboration with
Thompson Truck Centers, a leading commercial truck dealer and
longtime dealer partner with Xos.
Several of the vehicles will be
delivered to Richmond, California. The independent service
providers will take delivery of the vehicles in a newly opened
facility featuring 100 new electric vehicle chargers. This
installation will enable Xos medium-duty electric vehicles to
deliver packages all across Northern California. Some customers
will be receiving new Xos vehicles, others will be relocating from
nearby terminals where they have charged vehicles with the Xos
Hub™, the mobile charging infrastructure solution.
“Driven by the significant benefits of lower total cost of
ownership, our customers are increasingly interested in
electrifying their fleets,” said Xos VP of Sales, Jose Castañeda.
“We’re proud that we can offer these vehicles through our
dealership network, so that more businesses can take advantage of
these incentives and further reduce the cost of their fleets.”
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.
Xos ContactsXos Investor
Relationsinvestors@xostrucks.com
Xos Media Relationspress@xostrucks.com
About Thompson Truck CentersThompson Truck
Centers, a subsidiary of Thompson Machinery, traces its roots back
to 1944, when the Thompson family operated a GMC Truck Dealership.
The company had gained a reputation for providing excellent service
in support of sales, which allowed Thompson to expand its
operations and become a leading construction equipment dealer.
Today, Thompson Truck Centers continues to service and repair all
makes and models of medium and heavy-duty trucks. As technology
evolves, Thompson is leading the way to help its customers achieve
a zero-emission future. For more information, please visit
www.ThompsonTC.com.
Cautionary Statement Regarding Forward-Looking
StatementsThis 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.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ef0dcd80-2e1d-4779-a01a-052fa11fa13f
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