Xos Trucks
Team size: 201 - 500
Sector: Transportation and mobility
About Xos Trucks
Company revenue: US$ 100 - 500 million
Investors: Elemental Excelerator, Janus Henderson Investors, Proeza Ventures, Sand Hill Angels, Yorkville Advisors
Company stage: Other
Xos Trucks is an electric mobility company dedicated to making fleets more efficient. Xos designs and develops fully electric battery mobility systems specifically for commercial fleets. The company’s primary focus is on medium- and heavy-duty commercial vehicles that travel on “last mile” routes (i.e. predictable routes that are less than 200miles per day). The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership (TCO) basis than their internal combustion engine and commercial EV counterparts.