10:46 AM EST - Xos, Inc. : Announced that it has delivered 105 units to end customers in the third quarter of 2023. The period marks the highest quarterly delivery volumes to date for the company and the company’s first quarter delivering positive gross margin units to customers. Vehicles delivered in the third quarter include the first 2023 Xos SV Stepvans delivered to customers. The new Xos 2023 stepvan is designed to meet or exceed margin performance of legacy diesel trucks on a host of performance metrics. This makes Xos among the first gross margin positive commercial EV manufacturers in the entire commercial EV industry and propels Xos towards its stated objective of positive free cash flows. Xos, Inc.
shares N.XOS are trading up 2 cents at $0.36.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=XOS&qmodStoryID=7697927012333705
