{"id":690498,"date":"2022-09-29T16:08:51","date_gmt":"2022-09-29T20:08:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/"},"modified":"2022-09-29T16:08:51","modified_gmt":"2022-09-29T20:08:51","slug":"xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/","title":{"rendered":"Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022"},"content":{"rendered":"<h2>\nStepvans deployed across four different FedEx Ground Operators in four states<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">LOS ANGELES, Sept.  29, 2022  (GLOBE NEWSWIRE) &#8212; Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it has delivered 13 of its 100% battery-electric stepvans to four FedEx Ground Operators across four states. The FedEx Ground Operators include RNR Transport Inc. in Olathe, Kan., SISA Inc. in Pacoima, Calif., Hidden Arrow Inc. in Niles, Ill., and Limestone Logistics in Independence, Ky.<\/p>\n<p>\u201cXos vehicles are now on the road with FedEx Ground Operators across North America, including Canada, and our footprint is only growing from here,\u201d said Esther M. Santos, Director of North America Sales at Xos. \u201cWith the addition of these FedEx Ground Operators, we\u2019re proud to be helping FedEx achieve its goal of carbon neutrality by 2040.\u201d<\/p>\n<p>FedEx Ground Operators work as FedEx Corporation independent service providers (ISPs). FedEx Corporation has publicly <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zbYRmQJ4Zr3jib9yFjeFUjgzm4WyShnGsL7ZMEZPhF5KvXk1wc7rQsDtfbRTMgu01MuCU5m7IKil_6MUpqASRzqAfuT1cR_yncpMJutatemlwrAqWGmCSVopnfpy0ZkB\" rel=\"nofollow noopener\" target=\"_blank\"><u>announced<\/u><\/a> its sustainability goal to deploy an all-electric parcel pickup and delivery \ufb02eet and to reach carbon neutrality by 2040.<\/p>\n<p align=\"justify\">\n        <strong>About Xos, Inc.<\/strong><br \/>\n        <br \/>Xos is a leading technology company, 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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0J_khR4ae7pnUjof7n7-K3to7IUPvlIxztgRr0S9_wMUb2eWMji-_UTayCJ8anhhnw0jhy7tigwpwHwZyNAR5w==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.xostrucks.com<\/u><\/a>.<\/p>\n<p>\n        <strong>Contacts<\/strong><br \/>\n        <br \/>Xos Investor Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HTbGqhYU5ruzMNNPBnxIoS8Q_Mr4RcNXcyNI4I_qrOgMTKZWAyKGEnDUDb7Vq-Q9JNBG49EKj8RBD2Dltrbhz-k_JlgBGRERdxvDHwmT6Z0=\" rel=\"nofollow noopener\" target=\"_blank\"><u>investors@xostrucks.com<\/u><\/a><\/p>\n<p>Xos Media Relations<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=khG0lCY-o1J3AmpybaoMA7vDbulfMWixL9vgvLFzeGxF5dfUwFi1nE13Btwza5lImW9zyVVEZuRmShLotwE1tDyNyf3JVwPqDw5Q_u4iXCU=\" rel=\"nofollow noopener\" target=\"_blank\"><u>press@xostrucks.com<\/u><\/a><\/p>\n<p align=\"justify\">\n        <strong>Cautionary Statement Regarding Forward-Looking Statements<br \/><\/strong>This press release may include \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d 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.\u2019s (\u201cXos\u201d) expected product deliveries. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result,\u201d and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) Xos\u2019 ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities, (ii) cost increases and supply chain shortages in the components needed for the production of Xos\u2019 vehicle chassis and battery system, (iii) changes in the industries in which Xos operates, (iv) changes in laws and regulations affecting Xos\u2019 business, (v) Xos\u2019 ability to retain key personnel and hire additional personnel, (vi) the risk of downturns and a changing regulatory landscape in the highly competitive electric vehicle industry and (vii) the outcome of any legal proceedings that may be instituted against Xos. You should carefully consider the foregoing factors and the other risks and uncertainties described under the heading \u201cRisk Factors\u201d included in Xos\u2019 Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission (the \u201cSEC\u201d) on March 30, 2022 and Xos\u2019 other filings with the SEC copies of which may be obtained by visiting Xos\u2019 Investors Relations website at https:\/\/investors.xostrucks.com\/ or the SEC&#8217;s website at www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Xos assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Xos does not give any assurance that it will achieve its expectations.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NjE5NyM1MTc5NzY2IzIxOTQyNDI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NGQyYjkxMjYtZWUxZC00MjFlLWE3M2ItNmZhNGFkZjJhOTNhLTEyMDU3OTU=\/tiny\/Xos-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stepvans deployed across four different FedEx Ground Operators in four states LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it has delivered 13 of its 100% battery-electric stepvans to four FedEx Ground Operators across four states. The FedEx Ground Operators include RNR Transport Inc. in Olathe, Kan., SISA Inc. in Pacoima, Calif., Hidden Arrow Inc. in Niles, Ill., and Limestone Logistics in Independence, Ky. \u201cXos vehicles are now on the road with FedEx Ground Operators across North America, including Canada, and our footprint is only growing from here,\u201d said Esther M. Santos, Director of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690498","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Stepvans deployed across four different FedEx Ground Operators in four states LOS ANGELES, Sept. 29, 2022 (GLOBE NEWSWIRE) &#8212; Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it has delivered 13 of its 100% battery-electric stepvans to four FedEx Ground Operators across four states. The FedEx Ground Operators include RNR Transport Inc. in Olathe, Kan., SISA Inc. in Pacoima, Calif., Hidden Arrow Inc. in Niles, Ill., and Limestone Logistics in Independence, Ky. \u201cXos vehicles are now on the road with FedEx Ground Operators across North America, including Canada, and our footprint is only growing from here,\u201d said Esther M. 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(NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced it has delivered 13 of its 100% battery-electric stepvans to four FedEx Ground Operators across four states. The FedEx Ground Operators include RNR Transport Inc. in Olathe, Kan., SISA Inc. in Pacoima, Calif., Hidden Arrow Inc. in Niles, Ill., and Limestone Logistics in Independence, Ky. \u201cXos vehicles are now on the road with FedEx Ground Operators across North America, including Canada, and our footprint is only growing from here,\u201d said Esther M. Santos, Director of &hellip; Continue reading \"Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-29T20:08:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NjE5NyM1MTc5NzY2IzIxOTQyNDI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022","datePublished":"2022-09-29T20:08:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/"},"wordCount":692,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1NjE5NyM1MTc5NzY2IzIxOTQyNDI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/xos-delivers-13-battery-electric-stepvans-to-fedex-ground-operators-in-q3-2022\/","name":"Xos Delivers 13 Battery-Electric Stepvans to FedEx Ground Operators in Q3 2022 - 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