Xos is an industrial accelerant company that designs and manufactures battery-electric commercial vehicles, mobile charging and energy storage hubs, and powertrain solutions to replace diesel fleets and aging grid infrastructure. The company's core offerings include battery-electric Class 5 and Class 6 commercial vehicles for last-mile delivery, the Xos Hub—a modular mobile charging and energy storage platform supporting various load configurations—and mixed-use powertrain kits for specialty vehicles like school buses, all powered by lithium iron phosphate batteries designed for multi-thousand charge cycles and extended service life. Xos serves national parcel delivery operators, utilities, energy companies, and small-to-medium fleets through direct sales teams, generates revenue from vehicle and hub sales, licensing its proprietary fleet management software, and may derive additional income from selling zero-emission vehicle credits to traditional automakers for regulatory compliance.
| USD millions | FY2025 |
|---|---|
| Revenue | 46 |
| Net Income | -0 |