Xos Trucks, formerly known as Thor Trucking, is an electric mobility company that has developed a groundbreaking battery-electric vehicle platform designed specifically for fleets, allowing XOS to become a leader in low-cost zero-emissions transportation.
Xos is dedicated to making fleets more efficient by building state-of-the-art electric trucks at a much lower operating cost.
Xos Trucks was founded in 2016 by Dakota Semler and Giordano Sordoni. The company is headquartered in North Hollywood, California.
Xos Trucks develops cutting edge technologies and mobility solutions that exceed anything on the present market.
XOS' proprietary patent-protected battery system and software suite ensure the affordability and performance of the platform, while partnerships with Tier-One suppliers and contract manufacturers ensure reliability, serviceability, and capital-efficient scale.
Xos' first product was a fully-electric semi called the ET-One. It has already partnered with global fleet customers such as UPS and Loomis. XOS’ vehicles are making daily deliveries in customer's hands and are saving fleet customers as much as 40% over the life of the vehicle.
Xos Trucks has raised $20M in a new funding on Aug 18, 2020. Investors included Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and BUILD Capital Group.