By Reuters Staff 2 Min Read (Reuters) - Xos Inc, an electric commercial vehicle maker, on Monday agreed to go public through a merger with blank-check firm NextGen Acquisition Corp, in a deal valuing the combined entity at $2 billion. The deal will provide Xos with $575 million in gross proceeds, including a $220 million private investment led by Janus Henderson Investors and a consortium of truck dealers led by Thompson Truck Centers. Reuters reported earlier this month that Xos was nearing a deal to go public with NextGen. Xos would be the latest company developing an electric truck to go public through a merger with a SPAC, following the likes of Nikola Corp and Lion Electric Co.