Xos Inc Stock Price, News & Analysis

Xos, Inc. (NASDAQ: XOS), a premier manufacturer of battery-electric vehicles and related technologies, will announce its Q4 2021 results on March 28, 2022, after market close. This will be followed by a conference call at 5:00 p.m. ET. The presentation will be available via a live Zoom webinar, accessible through Xos’ investor relations website. Xos focuses on providing zero-emission vehicles and fleet management solutions that are cost-efficient, specifically for commercial fleets operating on short daily routes.

Xos, Inc. (NASDAQ: XOS) recently showcased a video featuring the collaboration with CITE Armored and Loomis, highlighting their partnership in developing fully-electric armored vehicles for cash-in-transit services. These vehicles leverage Xos' customizable X-Platform chassis and battery systems, boasting ballistic protection for safety. The collaboration has been ongoing since 2018, emphasizing reliability and safety in transporting valuables. CITE Armored recently celebrated its 20th anniversary, marking a long-term relationship with Loomis as its first customer.

Xos, Inc. (NASDAQ: XOS) has partnered with MHC Xos to enhance sales and service for electric vehicles across six states: Colorado, Illinois, Oklahoma, Missouri, Pennsylvania, and Texas. This strategic partnership aims to improve customer experience with dedicated service bays and a full inventory of replacement parts. The collaboration takes advantage of MHC's extensive dealership network, increasing Xos's reach. The initiative is expected to address the growing demand for commercial electric vehicles, emphasizing customer support and maximizing vehicle uptime.

Xos, Inc. (Nasdaq: XOS) reported preliminary results for Q4 2021, delivering 32 units and achieving revenue of $3.1 million, surpassing earlier projections of 15 to 25 unit deliveries and $1.7 to $3.0 million in revenue. CEO Dakota Semler highlighted the company’s resilience amid global supply chain disruptions and noted the installation of the next-generation Lyra Series™ battery packs in these deliveries. Xos plans to release complete financial results in March 2022, cautioning that preliminary figures may change upon final review.

Xos at Manifest Conference 2022

On January 26, 2022, Giordano Sordoni, COO and Co-Founder of Xos, will speak at the Manifest logistics conference in Las Vegas. He will join other industry leaders to discuss commercial fleet electrification, addressing challenges, investments in charging infrastructure, and sharing success stories. Xos will also showcase its X-Platform chassis and Lyra Series™ battery at the event, emphasizing its commitment to zero-emission commercial vehicles designed for efficiency on short routes.

Xos, Inc. (NASDAQ: XOS) has appointed Mike Chaffins as the new Vice President of Supply Chain. With over 30 years of experience in the automotive industry, Chaffins will oversee the procurement and logistics strategies for the company's electric vehicle production. His previous roles include leadership positions at Nikola, Toyota, and Mercedes-Benz, enhancing Xos's capabilities in supply chain management. This leadership change aims to align with Xos's goals in manufacturing zero-emission vehicles.

Xos, Inc. (NASDAQ: XOS) has appointed Scott Zion as the Director of Medium Duty Vehicles, responsible for the strategy and execution of Class 6 and 7 electric vehicles. Zion brings extensive experience from Hino Motors and Navistar, where he contributed to vehicle electrification. CEO Dakota Semler expressed enthusiasm about Zion's appointment, citing his impressive automotive background. Xos focuses on manufacturing electric commercial vehicles and aims to provide zero-emission solutions that are cost-efficient compared to traditional combustion engines.