LOS ANGELES, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Xos, Inc. (XOS), is proud to announce the successful completion of its first launch of over-the-air updates to its 2023 Xos SV Stepvans. This marks a ...
Delivered 130 units and generated $16.5 million in revenue Achieved 15.3% Gross Margin and a second consecutive quarter of positive free cash flow Continued cost discipline with 24% year-over-year ...
Revenue: $16.5 million on 130 units for Q3 2025. GAAP Gross Margin: 15.3% in Q3 2025. Non-GAAP Gross Margin: 16% in Q3 2025. Operating Loss: $7 million, the lowest since going public. Non-GAAP ...
Classes 5-8 electric truck maker Xos obtained a $48.5 million capital infusion from serial e-mobility investor ElectraMeccanica, the companies said. Los Angeles-based Xos is to acquire all of the ...
LOS ANGELES, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Xos, Inc. (XOS), a leading electric truck manufacturer and fleet electrification services provider, today announced Penske Truck Leasing has added Xos ...
In Penske Truck Leasing’s latest electrification move, it’s added Xos’s medium-duty electric trucks to its fleet. Penske has adopted the Xos Stepvan, a battery-electric Class 6 commercial truck. Class ...
[Stay on top of transportation news: Get TTNews in your inbox.] Xos’ plans for manufacturing a Class 8 tractor remain on schedule even as the electric truck maker sought to bolster its finances ...
_____ (1) For further information about how we calculate Non-GAAP financial measures, such as Non-GAAP gross profit, Non-GAAP operating loss, and free cash flow, see below for the reconciliations of ...
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