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XOS

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Xos Inc

3.27

-0.03 (-0.91%)

Last Update: 15 Jan 2025 00:10:00

Yesterday: 3.3

Day's Range: 3.2 - 3.5611

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0.5906

Xos Inc is an American electric vehicle company that designs and manufactures electric commercial vehicles. The company was founded in 2015 by Dakota Semler and Giordano Sordoni, and is headquartered in Los Angeles, California.

Xos Inc's primary focus is on producing electric vehicles for the commercial sector, such as delivery trucks, shuttle buses, and terminal tractors. The company aims to provide sustainable and efficient transportation solutions for businesses, while reducing emissions and improving air quality.

Xos Inc has received funding from various investors, including Proterra, a leading manufacturer of electric buses, and private equity firm HG Ventures. The company has also partnered with major corporations such as UPS and Loomis, to provide electric delivery trucks and armored vehicles respectively.

In 2021, Xos Inc announced plans to go public through a merger with NextGen Acquisition Corp II, a special purpose acquisition company (SPAC). The merger is expected to be completed in the second half of 2021, and will result in Xos Inc being listed on the NASDAQ stock exchange.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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Xos Inc is a technology company that specializes in developing electric commercial vehicles for the transportation industry. The company was founded in 2016 and is headquartered in Los Angeles, California. Xos Inc offers a range of electric vehicles, including delivery vans, trucks, and shuttle buses. These vehicles are designed to be more efficient and environmentally friendly than traditional gasoline-powered vehicles. Xos Inc has partnerships with several major companies in the transportation industry, including UPS and Loomis. The company has received funding from several investors, including Proeza Ventures and Prologis Ventures.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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