With medium- and heavy-duty trucks already using its electrified chassis, Xos Trucks will have $575 million to scale its business following a SPAC merger.
Electric mobility startup Xos Trucks announced a $20 million investment to keep up with orders for its electric chassis used by regional and last-mile delivery trucks.
Though it no longer can call itself Thor Trucks, electric truck startup Xos is progressing toward regular production with a modular platform aimed at winning partnerships with bodybuilders.
Moving billions of dollars in coins and currency around the U.S. is a precise operation, but it doesn’t always go as planned.
