Xos Enters Strategic Partnership With NationaLease

  • Xos Inc XOS has established a strategic partnership with NationaLease, a full-service truck leasing organization in North America with over 900 locations and over 165,000 vehicles in its fleet.
  • Xos vehicles and services will be listed as part of the offerings from NationaLease.
  • These offerings include Xos' proprietary Xosphere fleet management platform that adds more end user capabilities such as telematics, vehicle tracking, and battery health management.
  • "NationaLease is widely recognized as one of the top leasing groups in the country and their support will help expand our footprint across North America," commented Jessica Savage, Head of Distribution at Xos.
  • Price Action: XOS shares are trading lower by 7.65% at $1.81 on the last check Wednesday.
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