• Secures purchase order for 12 Xos Hub™ units valued at approximately $3 million from a leading autonomous fleet operator
  • Enables rapid deployment of charging across North America and Europe with zero costly utility upgrades or fixed infrastructure
  • Builds on Xos's first Hub deliveries into Europe earlier this year as global demand for mobile energy storage accelerates

     

LOS ANGELES, June 09, 2026 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ:XOS) ("Xos" or the "Company"), a leader in electric commercial vehicles and mobile charging solutions, today announced it has secured a multi-million-dollar follow-on purchase order for 12 Xos Hub™ mobile energy storage and charging systems from a leading autonomous fleet operator. The order, valued at approximately $3 million, will power the operator's charging needs as it rapidly scales autonomous operations across new markets in North America and Europe.

The order positions Xos at the center of a market inflection point, as the global mobile storage market is projected to grow from $58 billion in 2025 to $156 billion by 20321, a 15% annual expansion driven by grid constraints that are compelling autonomous and high-utilization fleets to find alternatives to traditional utility infrastructure.. The Xos Hub™, deploys in days, delivering reliable, high-capacity charging without the permits, costs, or timelines that permanent utility upgrades demand, giving operators like this one the freedom to scale into new markets on their terms.

Inside a Deal Built for Scale

  • Order valued at approximately $3 million. The purchase order covers 12 Xos Hub units, extending the customer's charging capacity across multiple operating regions and reinforcing Xos's position as a trusted mobile energy partner for high-growth fleets.
  • Expanding fleet, expanding demand. As the operator rolls out autonomous services in additional cities and regions, Xos expects continued demand for Hub units to support each new market launch, positioning the Company to capture recurring, expansion-driven orders.
  • Charging deployed in days, not years. Each Xos Hub delivers high-capacity DC fast charging without permanent grid upgrades, allowing the operator to electrify new sites and scale autonomous operations on its own timeline, independent of utility interconnection queues.
  • Proven across North America and Europe. The order follows Xos's first Hub deliveries into Europe earlier this year, validating the product's performance across diverse markets, grid conditions, and regulatory environments on two continents.
  • A market inflection for mobile energy. With grid constraints intensifying and fleet electrification accelerating, mobile energy storage is becoming mission-critical infrastructure, and Xos is positioned to capture that opportunity from the front.