Rivian Automotive Inc (RIVN)

[hondaboost]

$XOS, 0.39, is a leading manufacturer of fully electric, zero-emission medium- and heavy-duty commercial vehicles, powertrain components, and charging infrastructure. The company was founded in 2016 by Dakota Semler and Giordano Sordoni, two former fleet owners and operators, who sought to build an electric vehicle to solve the issues they were facing first-hand around increasing emissions regulations and the rising costs of maintenance and diesel. Xos’ mission is to decarbonize commercial transportation and facilitate a seamless transition for fleet owners from traditional internal combustion engines to fully-electric vehicles. Its proprietary battery system, the X-Pack, and modular chassis, the X-Platform, are purpose-built for medium- and heavy-duty commercial vehicles in the last-mile sector. The fleet-as-a-service offering provides customers with a comprehensive suite of products and services, such as vehicle maintenance and purchase financing, to help fleets more easily make the transition from diesel to electric.

https://investors.xostrucks.com/corporate-profile