Commercial Vehicle Group Partners With Xos
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Commercial Vehicle Group announced a partnership with commercial electric vehicle manufacturer Xos Inc. to develop sustainability initiatives intended to champion innovation and solutions for growing macro-trends in the marketplace.
CVG noted its partnership offers Los Angeles-based Xos full-service design and manufacturing including product sampling, prototypes, schematic electric system design, testing and validation to support a fleet of medium- and heavy-duty zero-emissions electric vehicles in Classes 5-8.
Beginning in 2020, CVG started executing an entrepreneurial plan to diversify its offerings to compete in an evolving market reflecting trends in e-commerce, last-mile delivery and electric vehicle innovation, according to the New Albany, Ohio-based company.
“CVG has been innovating for more than two decades, so we look forward to supporting them as they increase their focus on electrification,” Xos co-founder and chief operating officer Giordano Sordoni said in a release.
In February Xos, founded in 2016, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla. — Transport Topics
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