About Xos
Xos is a company based in North Hollywood (United States) founded in 2016 by Giordano Sordoni. Xos has raised $20 million across 1 funding round from investors including Proeza Ventures and BUILD Capital Partners. The company has 109 employees as of December 31, 2024. Xos has completed 1 acquisition, including ElectraMeccanica. Xos offers products and services including Stepvan, Medium-Duty Truck, Heavy-Duty Truck, Xosphere, and Mobile Charging Solution. Xos operates in a competitive market with competitors including PlusAI, TuSimple, Arrival, Lightning eMotors and Gatik, among others.
- Headquarter North Hollywood, United States
- Employees 109 as on 31 Dec, 2024
- Founders Giordano Sordoni
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Xos, Inc.
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Annual Revenue
$55.96 M (USD)25.69as on Dec 31, 2024
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Net Profit
-$50.16 M (USD)33.86as on Dec 31, 2024
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EBITDA
-$40.73 M (USD)32.21as on Dec 31, 2024
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series B
Aug 18, 2020
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Investors
Proeza Ventures
& 1 more
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Employee Count
109
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Xos
Xos is a publicly listed company on the NASDAQ with ticker symbol XOS in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Xos
Xos offers a comprehensive portfolio of products and services, including Stepvan, Medium-Duty Truck, Heavy-Duty Truck, Xosphere, and Mobile Charging Solution.
Battery-electric vehicle for commercial delivery and last-mile operations
Medium-duty battery-electric truck for fleet logistics and transport
Heavy-duty battery-electric vehicle for demanding commercial applications
Intelligent platform for managing and optimizing electric fleet operations
Mobile energy storage and DC fast charger for on-site fleet charging
People of Xos
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Funding Insights of Xos
Xos has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Xos
Xos has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Proeza Ventures and BUILD Capital Partners.
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BUILD Capital Partners is engaged in venture capital and private equity investments.
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Investor details for Xos
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Investments & Acquisitions by Xos
Xos has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ElectraMeccanica.
Investment portfolio details for Xos
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Three-wheeled single-seat electric vehicles are manufactured for urban mobility.
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Complete acquisition details for Xos
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Financial Statements - Xos
Detailed financials for Xos
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Xos Comparisons
Peer comparison for Xos
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Competitors of Xos
Xos operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PlusAI, TuSimple, Arrival, Lightning eMotors and Gatik, among others.
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Self-driving technology for commercial trucks is developed by PlusAI.
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Self-driving truck solutions are developed using AI technology.
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Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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SaaS management solutions for EV charging operators are provided.
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AI-enabled platform offering self-driving delivery trucks and delivery management system
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Autonomous electric trucks are manufactured for freight and emissions management.
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Detailed competitors of Xos
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Latest news on Xos
Complete news archive for Xos
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Frequently Asked Questions about Xos
Xos was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Xos is headquartered in North Hollywood, United States. It is registered at North Hollywood, California, United States.
Xos is a funded company, having raised a total of $20M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at Xos is 109.
Annual revenue of Xos is $55.96M as on Dec 31, 2024.
Xos was founded in 2016 and is headquartered in North Hollywood, United States. Operations focus on the electric vehicle sector, where medium-duty electric trucks are produced alongside supporting technologies. An operating system is provided for managing electric vehicles, while the X-1 platform is designed to support various medium-duty configurations, including wheelbases and bodies. X-Pack batteries are offered for commercial electric applications.
Xos offers Stepvan, Medium-Duty Truck, Heavy-Duty Truck, Xosphere, and Mobile Charging Solution.
Yes, Xos is publicly traded on NASDAQ under the ticker symbol XOS.
Xos has made 1 acquisition, including ElectraMeccanica.
Xos has 2 investors. Key investors include Proeza Ventures, and BUILD Capital Partners.
The ticker symbol of Xos is XOS on NASDAQ.