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Stock impact report

Xos, Inc. Announces Major Milestone: Xos Hub Listed on Federal GSA Schedule

Xos, Inc. (XOS) 
Company Research Source: GlobeNewswire
LOS ANGELES, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading provider of fleet electrification and energy solutions, is thrilled to announce that its innovative Xos Hub™ has been officially added to the General Services Administration (GSA) Schedule. This milestone makes it easier than ever for federal agencies and authorized customers to quickly and efficiently procure the Xos Hub, a state-of-the-art mobile energy storage system and DC fast charger. “As Federal agencies seek to reduce operational expenses, the total cost of ownership benefits of EVs present a massive opportunity for budget savings. The Xos Hub is the only solution of its kind, enabling fleets to bypass charging infrastructure deployment delays. With onboard energy storage and integrated EV chargers, it can be delivered and fully operational in a single day, without the red tape of local building authorities, utility upgrades, or other common roadblocks,” said Dakota Semler, CEO and Co-Founde Show less Read more
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