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Xos delivers 88 units in third quarter 2022

Xos, Inc., a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it delivered a total of 88 units to customers during the third quarter of 2022

Xos, Inc., a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it delivered a total of 88 units to customers during the third quarter of 2022. Xos had previously provided a second half of 2022 guidance range of 150 to 200 units delivered and is on track for its deliveries to fall within that range.

“We are pleased with our continued growth of vehicle deliveries year-over-year and quarter-over-quarter as we work to provide our customers with the most durable and reliable electric trucks, powertrain systems, and fleet management tools available,” said Dakota Semler, Chief Executive Officer at Xos. “We’ve scaled up our manufacturing and production capabilities significantly and look forward to continuing to provide the vehicles and services needed to help fleets seamlessly transition to battery-electric.”

The 88 units were delivered across approximately 15 North American cities, and several customers including Merchants Fleet and Fedex Ground operators, as previously announced. The third quarter unit deliveries represent a 21% sequential quarter over quarter increase from the second quarter of 2022, during which Xos delivered 73 units.

Xos will provide further details on third quarter performance and an update on its outlook for the remainder of the year on its Q3 2022 earnings call in November.

SOURCE: Xos

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