Xos is committed to delivering cost-effective electrification solutions and views the HVIP incentive as an essential tool in breaking down the barriers to entry for businesses transitioning to cleaner, electric fleets. With a base HVIP incentive of
"The renewal of the 2024 model of our Xos SV in HVIP is an exciting milestone that underlines our commitment to make electrification more cost-effective for our customers," said
The 2024 Xos SV is designed to be the optimal battery-electric vehicle for key use cases, including parcel delivery, linen and textile services trucks, utility and repair trucks, and armored transport. Its modularity allows for customization to suit a variety of fleet routes and needs.
This HVIP approval reduces the upfront costs of the Xos SV Stepvan, lowering the total cost of ownership and enhancing financial returns for small business owners. Xos’s small business customers with 20 or fewer medium and heavy-duty vehicles in their fleet and an annual revenue cap of
For more information on how Xos is making electrification more attainable, or to inquire about the HVIP incentive, please visit www.xostrucks.com/incentives.
ABOUT
Xos is a leading technology company, electric truck manufacturer, and fleet services provider for battery-electric fleets. 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. 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. For more information, visit www.xostrucks.com.
Contacts:
Xos Media Relations
press@xostrucks.com
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2024 Xos SV Stepvan
2024 Xos SV Stepvan
2024 GlobeNewswire, Inc., source