Xos, Inc. Delivers Initial Vehicles to UniFirst Corporation in Southern California
08 März 2022 - 01:00PM
Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through
Class 8 battery-electric vehicles and powertrains, and provider of
charging infrastructure and fleet management software, today
announced it has delivered three vehicles to UniFirst as part of an
initial rollout of vehicles purchased by the workwear and textile
service company. The three vehicles will be delivered to UniFirst’s
Southern California location in Santa Fe Springs to be used for
customer delivery routes in the region.
“We are thrilled to be rolling out the fully-electric vehicles
from Xos,” said Michael Croatti, Executive Vice President of
Operations for UniFirst. “We are continuously working to reduce our
environmental impact and transitioning our fleet from diesel to
electric is important to us. The vehicles from Xos will help us
reduce our overall emission output.”
The Xos vehicles heading to Santa Fe Springs, Calif. are the
first out of several that will be delivered to UniFirst locations
across the United States. In the second half of 2022, additional
vehicles will be delivered to a UniFirst location in Boston,
Massachusetts.
“We’re excited to be delivering the first of many vehicles to
our long-term partner UniFirst and to help them achieve their
sustainability goals,” said Jose Castañeda, Vice President of
Business Development at Xos. “UniFirst’s leadership in
transitioning their diesel fleet to electric ushers in positive
benefits from both a business and environmental perspective.”
Watch the video of the UniFirst vehicle delivery on Xos’ YouTube
page here.
About Xos, Inc.Xos is a leading original
equipment manufacturer of Class 5 through Class 8 battery-electric
vehicles and the tools to adopt them. Xos vehicles and fleet
management software are purpose-built for medium- and heavy-duty
commercial vehicles that travel on last-mile, back-to-base routes
of 200 miles or less per day. The company leverages its proprietary
technologies to provide commercial fleets with zero-emission
vehicles that are easier to maintain and more cost-efficient on a
total cost of ownership (TCO) basis than their internal combustion
engine counterparts. For more information, please visit
www.xostrucks.com.
ContactsXos Investor
Relationsinvestors@xostrucks.com
Xos Media Relationspress@xostrucks.com
About UniFirstHeadquartered in Wilmington,
Mass., UniFirst Corporation (NYSE: UNF) is a North American leader
in the supply and servicing of uniform and workwear programs, as
well as the delivery of facility service programs. Together with
its subsidiaries, the company also provides first aid and safety
products, and manages specialized garment programs for the
cleanroom and nuclear industries. UniFirst manufactures its own
branded workwear, protective clothing, and floorcare products; and
with 260 service locations, over 300,000 customer locations, and
14,000 employee Team Partners, the company outfits more than 2
million workers each business day. For more information, contact
UniFirst at 800.455.7654 or visit UniFirst.com.
ContactAsit GoelVice President of Marketing,
UniFirst978.658.8888asit_goel@unifirst.com
Cautionary Statement Regarding Forward-Looking
StatementsThis press release may include “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, but are not limited to,
statements regarding Xos, Inc.’s (“Xos”) future vehicle deliveries
and the environmental impact of Xos’ products. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: (i) Xos’ ability to implement business plans,
forecasts, and other expectations, and identify and realize
additional opportunities, (ii) cost increases and supply chain
shortages in the components needed for the production of Xos’
vehicle chassis and battery system, (iii) changes in the industries
in which Xos operates, (iv) changes in laws and regulations
affecting Xos’ business, (iv) Xos’ ability to retain key personnel
and hire additional personnel, (v) the risk of downturns and a
changing regulatory landscape in the highly competitive electric
vehicle industry and (vi) the outcome of any legal proceedings that
may be instituted against Xos. You should carefully consider the
foregoing factors and the other risks and uncertainties described
under the heading “Risk Factors” included in Xos’ Quarterly Report
on Form 10-Q for the quarter ended September 30, 2021 filed with
the Securities and Exchange Commission (the “SEC”) on November 12,
2021 and Xos’ other filings with the SEC copies of which may be
obtained by visiting Xos’ Investors Relations website at
https://investors.xostrucks.com/ or the SEC's website at
www.sec.gov. These filings identify and address other important
risks and uncertainties that could cause actual events and results
to differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and Xos assumes no obligation and does
not intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise. Xos does not give any assurance that it will achieve its
expectations.
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