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Xos Inc - XOS STOCK NEWS

Welcome to our dedicated news page for Xos (Ticker: XOS), a resource for investors and traders seeking the latest updates and insights on Xos.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Xos's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Xos's position in the market.

News
Xos, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
Rhea-AI Summary
Xos, Inc. (XOS) has announced the release date for its first quarter 2024 operating results and a conference call to discuss financial performance. The earnings release is scheduled for May 15, 2024, after the close of the U.S. financial markets. The conference call will take place on the same day at 4:30 p.m. EDT / 1:30 p.m. PDT. Investors and analysts can access the call through a webcast or dial-in. An audio replay will be available for those unable to participate in the live event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
Tags
earnings
-
News
Xos, Inc. Unveils Upgraded 2024 Xos SV Stepvan with Enhanced Features for Fleet Operators
Rhea-AI Summary
Xos, Inc. (NASDAQ: XOS) announces the release of the 2024 Xos SV Stepvan, featuring new enhancements for improved driver comfort and control. The stepvan offers ABS with hill hold, low-speed noise generators, customizable features for fleet operators, and advanced driver comfort options. This release showcases Xos' commitment to innovation and customer satisfaction in the electric commercial vehicle industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
none
-
News
Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanica
Rhea-AI Summary
Xos, Inc. completes acquisition of ElectraMeccanica Vehicles Corp., adding $48 million to balance sheet and strengthening position in electric vehicle market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
acquisition
News
Market Leader Xos Positioned for Strong 2024 by Gross Margin Improvement and Pending Acquisition
Rhea-AI Summary
Xos, Inc. reported a 22% increase in full-year revenue, achieved positive gross margins in the third and fourth quarters of 2023, and entered into an agreement to acquire ElectraMeccanica. The company improved revenue to $44.5 million in 2023, reduced operating expenses by 43%, and strengthened its position in the EV stepvan market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
acquisition
-
News
Xos, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call
Rhea-AI Summary
Xos, Inc. (NASDAQ: XOS) will release its Q4 and full year 2023 operating results on March 21, 2024. A conference call will follow to discuss the financial results. Details for accessing the call and webcast are provided, along with information on the replay availability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
earnings
-
News
ElectraMeccanica Founder and Former Board Member Jerry Kroll Agrees to Vote in Favor of Proposed Combination with Xos, Inc.
Rhea-AI Summary
ElectraMeccanica (NASDAQ: SOLO) founder and former board member Jerry Kroll agrees to vote in favor of the proposed combination with Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer. The merger aims to create a strong entity focused on zero-emission commercial vehicles, meeting market demand and providing economic value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
management
News
Xos, Inc. Secures Purchase Order from Mission Linen Supply for New 22’ Stepvan Option
Rhea-AI Summary
Xos, Inc. (NASDAQ: XOS) secures a purchase order from Mission Linen Supply for 22' stepvans, marking a significant move towards electric fleet adoption. Mission Linen Supply's commitment to sustainability aligns with Xos' mission, bringing value to both companies' operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.97%
Tags
none
-
News
ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos
Rhea-AI Summary
ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) announces a special meeting for shareholders to vote on an arrangement with Xos, Inc. The Arrangement proposes the acquisition of all ElectraMeccanica common shares by Xos, with shareholders expected to own 79% and 21% of the Combined Company, respectively. The meeting will be held virtually on March 20, 2024. The Board recommends voting in favor of the proposal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.41%
Tags
none
-
News
The Xos Hub™ Gets Major Upgrades and a Purchase Order from Xcel Energy
Rhea-AI Summary
Xos, Inc. (XOS) has announced the next generation of their mobile charging unit, The Xos Hub™, designed to expedite the electrification of fleets. Xcel Energy has signed a purchase order for two of the new Hubs, offering 280kWh of energy capacity and charging capability up to 160kW. The Hub is more powerful, affordable, and versatile, providing cost-effective solutions for EV fleet operators.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
News
Xos, Inc. Ranked Number 51 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™
Rhea-AI Summary
Xos, Inc. (Nasdaq: XOS) ranked #51 on the Deloitte Technology Fast 500™, with a revenue growth of 3,071% from 2019 to 2022. The company's CEO, Dakota Semler, expressed pride in their achievements, highlighting positive gross margins on their newest 2023 SV stepvan model. The 2023 Technology Fast 500 companies achieved revenue growth ranging from 201% to 222,189% over the three-year time frame, with an average growth rate of 1,934% and a median growth rate of 497%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
Stock XOS logo
Xos Inc

Nasdaq:XOS

XOS Rankings

#4627 Ranked by Market Cap
#5280 Ranked by Stock Gains
N/A Ranked by Dividends

XOS Stock Data

68.49M
4.10M
48.26%
1.33%
2.06%
Other Motor Vehicle Parts Manufacturing
Manufacturing
Link
United States
Los Angeles

About XOS

we are a technology company based in los angeles. we're focused on building solutions in the transportation sector.