Xos, Inc.

Xos, Inc.
Company typePublic
NasdaqXOS
IndustryAutomotive
Founded2016
HeadquartersLos Angeles, California, U.S.
Key people
Dakota Semler (Chairman of The Board and CEO)[1]
ProductsElectric trucks
Websitewww.xostrucks.com

Xos, Inc. (pronounced ék-so-s)[2] is an American manufacturer of commercial electric vehicles (EVs) and mobile EV chargers.

History

The company was founded in 2016 and went public in 2021.[3]

In June 2025, Leap, a virtual power plant (VPP) platform, partnered with Xos to integrate Xos Hub, a mobile battery-integrated charger, with Leap's VPP software. This collaboration enables Xos customers, including major logistics firms like FedEx and UPS, to participate in California's Demand Side Grid Support (DSGS) program, allowing fleets to shift charging to Xos Hub batteries during peak grid demand, reducing grid strain and generating revenue. The partnership supports cost-efficient fleet electrification by leveraging scalable charging solutions without traditional infrastructure costs, while enhancing grid reliability, as demonstrated by Leap's contributions to preventing blackouts in California during past heat waves.[4]

Products

Vehicles

The company manufactures electric commercial vehicles, primarily electric step vans. As of the end of Q1 2024, it has delivered more than 600 vehicles in total.

The company's customers include UPS and FedEx Ground operators and the armored transport company Loomis.[5]

Future products announced by the company include a medium-duty box truck/chassis cab and a heavy-duty semi-truck.

Charging infrastructure

The company also provides charging infrastructure for electric vehicle fleets.[6][7]

References

  1. ^ https://www.xostrucks.com/corporate-governance
  2. ^ https://www.xostrucks.com
  3. ^ "A member of Tesla's founding team reveals how he sold FedEx and UPS on his electric-truck startup". Business Insider.
  4. ^ The EV Report (2025-06-11). "Leap, Xos Power Grid With Fleets". The EV Report. Retrieved 2025-06-28.
  5. ^ "Xos Secures Multi-Million Dollar Armored EV Deal - dot.LA".
  6. ^ "Xos | XES™ Electric Fleet Charging Infrastructure".
  7. ^ "Xos | Battery-Electric Stepvan".