Xos, Inc. Common Stock
XOSXos, Inc. (XOS) is an electric vehicle manufacturer focused on designing and producing commercial electric trucks and vehicles. The company aims to provide sustainable transportation solutions for the commercial and industrial sectors, emphasizing innovation in electric drivetrain technology and vehicle design to reduce emissions and operational costs.
Company News
Xos, Inc. has appointed John F Smith, a former General Motors Group Vice President, to its Board of Directors, bringing extensive automotive strategy and governance experience to help scale the company's electric vehicle and charging solutions.
Electric commercial vehicle manufacturer Xos reported record revenue of $18.4 million and 135 vehicle deliveries in Q2 2025, but faced challenges with declining gross margins and increased operating losses due to tariffs and product mix.
U.S. stock futures fell on Monday after three consecutive days of decline. Goldman Sachs has increased its U.S. recession probability from 20% to 35% and warned that the risk of further market correction is still looming.
Xos, Inc. announced that its Xos Hubâ„¢, a mobile energy storage and DC fast charging system, has been added to the General Services Administration (GSA) Schedule, making it easier for federal agencies to procure the solution and accelerate their EV adoption.
Xos, Inc. announced that it is rescheduling the release of its second quarter 2024 operating results to Tuesday, August 13, 2024. The company will host a conference call to discuss the financial results on the same day.
