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Xos, Inc. Announces Delivery of Four 100% Battery-Electric Vehicles to Return Customer Loomis

Vehicles were delivered during Q2 2022 to four U.S. Loomis locations LOS ANGELES, July 05, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading fleet

articleXos, Inc.July 5, 20225/company/xos-inc/news/xos-inc-announces-delivery-of-four-100percent-battery-electric-vehicles-to-return-customer-loomis
Xos, Inc. Announces Delivery of Four 100% Battery-Electric Vehicles to Return Customer Loomis

About this update from Xos, Inc.

[{"type":"text","content":"Vehicles were delivered during Q2 2022 to four U.S. Loomis locations\nLOS ANGELES, July 05, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading fleet services provider and manufacturer of Class 5 through Class 8 battery-electric vehicles, today announced the delivery of four of its 100% battery-electric vehicles to return customer Loomis, a leading cash-handling company across North America. The four locations include Montebello, Calif., Hayward, Calif., Moonachie, N.J., and Charlotte, N.C. “Building on a strong existing relationship, we are pleased to deliver additional vehicles to Loomis, a leading cash-in-transit company,” said Jose Castañeda, Vice President of Business Development at Xos. “Xos vehicles continue to deliver value to our growing fleet by helping us cut back on fuel and maintenance costs while also helping us meet our sustainability goals,” said Eric Rickard, Vice President of Procurement and Fleet of Loomis. Loomis has been a customer of Xos since 2019. You can view a customer testimonial video about Loomis and Xos on Xos’ YouTube page here: https://www.youtube.com/watch?v=KelhG3oEtWc. About Xos, Inc.Xos is a leading fleet services provider and original equipment manufacturer of Class 5 through Class 8 battery-electric vehicles and the tools to adopt them. Xos vehicles and fleet management software are purpose-built for medium- and heavy-duty commercial vehicles that travel on last-mile, back-to-base routes of up to 270 miles or less per day. The company leverages its proprietary technologies to provide commercial fleets with 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 counterparts. For more information, please visit www.xostrucks.com. ContactsXos Investor [email protected] Xos Media [email protected] Cautionary Statement Regarding Forward-Looking StatementsThis press release may include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding Xos, Inc.’s (“Xos”) expected product deliveries. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,”...

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