Xos - M&A Summary and Business Overview

AutomotiveCompany

Xos M&A Summary

Xos has acquired 1 company, including 1 in the last 5 years.

The Company’s most targeted sectors include automotive (100%).

Xos Business Overview

Where is Xos headquartered?

Xos is headquartered in Los Angeles, California.

What is Xos’ revenue?

Xos disclosed revenue of 45M USD for 2023 and 36M USD for 2022.

How many employees does Xos have?

Xos has 161 employees.

What sector is Xos in?

Xos is an automotive company.

When was Xos founded?

Xos was founded in 2020.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Xos

Xos, Inc.

3550 Tyburn Street,
Los Angeles, California 90065
United States,
(818)-316-1890
www.xostrucks.com

Xos is a technology company, electric truck manufacturer, and fleet services provider for battery-electric fleets. Its vehicles and fleet management software are purpose-built for medium- and heavy-duty commercial vehicles that travel on last-mile, back-to-base routes. The company leverages its proprietary technologies to provide commercial fleets with battery-electric vehicles that are easier to maintain and more cost-efficient on a total cost of ownership (TCO) basis than their internal combustion engine counterparts. Xos was formed in 2020 and is based in Los Angeles, California.


M&A Summary

Buy vs Sell

Year '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - - - 1 1
Sell (0.0/yr) # - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Electrameccanica Vehicles Corp. 2024-03-26 - Add-on Acquisition
Burnaby, British Columbia · www.emvauto.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 1 (100%) - - -
Total 1 - - -

By Geo

State/Country Buy Value Sell Value
Canada 1 - - -
  British Columbia 1 - - -
Total 1 - - -

Company Summary

SECTOR

Automotive

Revenue

45   25% 2023
36   620% 2022
5   67% 2021
3   2020
(millions of USD) Show More Show Less

Employees

161

Established

2020

Public

NASDAQ: XOS

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