Business
Xos, Inc. Announces Strategic Partnership with Yancey Bros. Co.
Yancey to distribute Xos vehicles across Georgia; recognized as nation’s oldest Caterpillar dealer LOS ANGELES, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Xos, Inc.
About this update from Xos, Inc.
[{"type":"text","content":"Yancey to distribute Xos vehicles across Georgia; recognized as nation’s oldest Caterpillar dealer\nLOS ANGELES, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced it has entered a strategic partnership with Austell, Ga.-based Yancey Bros. Co., the nation’s oldest Caterpillar dealer, to distribute Xos vehicles across the state of Georgia. “We’re thrilled to have found a strong dealership partner in Yancey to bring Xos vehicles to Georgia,” said Jessica Savage, Director of Dealership Development at Xos. “With over a century of experience and operations, Yancey is a widely known and respected dealer in the Southeast and we look forward to partnering together to bring electric vehicles to the region.” Yancey will leverage its existing infrastructure and facilities, including dedicated truck service centers across the state of Georgia, to help drive the adoption of Xos electric trucks. Yancey currently operates 29 facilities across the state. “The finalization of this agreement between Yancey and Xos will allow us to deliver new and innovative solutions to our customers that meet the newest transportation emission standards,” said Trey Googe, President and CEO of Yancey Bros. Co. “We are excited to partner with Xos and together lead the way toward environmentally friendly trucking solutions in Georgia.” About Xos, Inc.Xos, Inc. is an electric mobility company dedicated to decarbonizing commercial trucking fleets. Xos designs and manufactures cost-competitive, fully electric commercial vehicles. The company’s primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile, back-to-base routes of less than 200 miles 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 and commercial EV counterparts. For more information, please visit xostrucks.com. About Yancey Bros. Co.Headquartered in Austell, Ga., Yancey Bros. Co. is recognized as the nation’s oldest Caterpillar dealer, celebrating its Centennial anniversary in 2014. Family owned and operated for 107 years, Yancey offers Caterpillar, Weiler, and Blue Bird equipmen...