Allison Transmission and Xos enter strategic e-Axle tie up
Xos has entered a strategic tie up with Allison Transmission to jointly develop heavy-duty Class 7 and 8 commercial electric vehicles.
Source: tradearabia.com
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Xos Partners With DLL On Electric Truck Financing
Share: In an effort to overcome the cost barriers to buying electric vehicles, electric truck maker Xos Trucks Inc. on Tuesday announced a partnership with DLL to help finance the leasing of its all-electric commercial vehicles. DLL is a global asset finance company and subsidiary of Rabobank Group. The Xos X-Lease program will offer two types of full-service leases of the company's electric vehicles and charging equipment to fleets, helping them reduce energy, field and maintenance costs, a spokesperson said in an email to FreightWaves. An operating lease will allow fleets to lease an electr...
Source: benzinga.com