Xos Inc.
(NASDAQ:XOS) stock jumped nearly 12% in Wednesday premarket trading after the electric commercial vehicle maker announced a $3 million follow-on order for its mobile energy storage and charging units.
Xos Wins $3 Million Follow-On Order Xos said Tuesday it received a follow-on purchase order worth about $3 million for 12 Xos Hub mobile energy storage and charging systems from a leading autonomous fleet operator.
The systems will support the customer's expansion across North America and Europe.
Xos said the order follows its first European Hub deliveries earlier this year and highlights growing demand for mobile charging solutions that can be deployed without costly utility upgrades or permanent infrastructure.
