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Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos' Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers

Proposed Transaction Anticipated to Significantly Strengthen Xosโ€™ Balance Sheet and Provide Growth Capital to Further Expand Xosโ€™ Gross Margin Positive Vehicle Business Positions Combined Company for Sustainable Long-Term Value Creation with a Strengthened Financial Profile, a Substantial Backlog, and Strong Growth Potential Prospective Combined Company Expected to Benefit from Favorable Regulatory Tailwinds, Including Californiaโ€™s Mandate
United States Laurel Hill United Kingdom Giordano Sordoni Luisa Ingargiola Snell Wilmer

Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos' Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers -January 11, 2024 at 11:31 am EST

Proposed Transaction Anticipated to Significantly Strengthen Xosโ€™ Balance Sheet and Provide Growth Capital to Further Expand Xosโ€™ Gross Margin Positive Vehicle Business Positions Combined...
United States United Kingdom Laurel Hill Michael Richardson Kim Brink Alicek Jackson

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