Full-Time
Posted on 7/25/2024
Electric trucks and fleet management solutions
Mid
Monterey, TN, USA
Xos Trucks focuses on providing medium- and heavy-duty battery-electric trucks for commercial fleet operators, especially in the parcel delivery sector. Their products include not only the electric trucks but also the necessary charging infrastructure and energy solutions to support these vehicles. A key feature of Xos Trucks is their fleet management platform, Xosphere, which allows clients to oversee their fleet operations remotely. The company generates revenue through the sale of trucks and related services, as well as through customized electrification plans that include ongoing customer support and maintenance. Xos Trucks differentiates itself by addressing the common challenges businesses face when transitioning to electric vehicles, such as high initial costs and the need for charging infrastructure. Their goal is to make the switch to electric vehicles easier and more cost-effective, ultimately promoting sustainability and cost savings for their clients.
Company Stage
IPO
Total Funding
$233.5M
Headquarters
Los Angeles, California
Founded
2016
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