LOS ANGELES, Sept. 07, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a number one generation corporate that gives fleet products and services, instrument answers, and manufactures Magnificence 5 via Magnificence 8 battery-electric industrial cars, these days introduced it has named The W.W. Williams Corporate (“W.W. Williams”) as a pilot carrier supplier within the state of Arizona. W.W. Williams is a number one products and services supplier that provides mechanical carrier and service, energy technology, and warehousing and logistics products and services.
“As a part of the WheelTime® Community, the national carrier community for industrial vans, W.W. Williams is a widely-known and revered chief within the carrier trade,” mentioned Andy Curtin, Carrier Director at Xos. “We’re excited to carry on W.W. Williams as a pilot carrier supplier, beginning in Arizona, to offer our shoppers with world-class repairs carrier and service.”
As a part of the settlement, W.W. Williams will supply repairs carrier and maintenance on Xos cars in areas of Phoenix, Ariz. and Tucson, Ariz. W.W. Williams will even give a boost to Xos shoppers with a list of in-stock Xos carrier portions.
“We’re overjoyed to paintings with Xos and get started offering repairs and service products and services to their shoppers,” mentioned Mike Houston, Nationwide Gross sales Supervisor for W.W. Williams. “Their leading edge, battery-electric industrial cars constitute the way forward for trucking, so it’s necessary for us to proceed rising our choices with enjoy operating on electrical vans.”
About Xos, Inc.
Xos is a number one generation corporate, fleet products and services supplier, and authentic apparatus producer of Magnificence 5 via Magnificence 8 battery-electric cars. Xos cars and fleet control instrument are purpose-built for medium- and heavy-duty industrial cars that trip on last-mile, back-to-base routes of as much as 270 miles or much less consistent with day. The corporate leverages its proprietary applied sciences to offer industrial fleets with battery-electric cars which might be more straightforward to handle and extra cost-efficient on a complete charge of possession (TCO) foundation than their inner combustion engine opposite numbers. For more info, please seek advice from www.xostrucks.com.
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About The W.W. Williams Corporate, LLC
Based in 1912, W.W. Williams is without doubt one of the country’s biggest carrier, restore, and commercial distribution firms. A pacesetter in servicing conventional and electrical fleet apparatus and partnering with OEMs and fleet homeowners, W.W. Williams gives guarantee and non-warranty portions and products and services for on-highway and off-highway cars. Headquartered in Columbus, Ohio, W.W. Williams has 44 amenities and roughly 500 technicians throughout america and Mexico. W.W. Williams is majority owned by means of One Fairness Companions, a personal fairness company curious about rising commercial, healthcare, and generation companies. Seek advice from https://www.wwwilliams.com/ for more info.
Cautionary Commentary Relating to Ahead-Taking a look Statements
This press unencumber might come with “forward-looking statements” throughout the that means of the “secure harbor” provisions of america Non-public Securities Litigation Reform Act of 1995. Those forward-looking statements come with, however don’t seem to be restricted to, statements referring to Xos, Inc.’s (“Xos”) anticipated product deliveries. Those forward-looking statements in most cases are recognized by means of the phrases “consider,” “mission,” “be expecting,” “watch for,” “estimate,” “intend,” “technique,” “long run,” “alternative,” “plan,” “might,” “will have to,” “will,” “would,” “can be,” “will proceed,” “will most likely outcome,” and an identical expressions. Ahead-looking statements are predictions, projections and different statements about long run occasions which might be according to present expectancies and assumptions and, in consequence, are matter to dangers and uncertainties. Many components may just purpose exact long run occasions to fluctuate materially from the forward-looking statements on this press unencumber, together with however no longer restricted to: (i) Xos’ talent to enforce industry plans, forecasts, and different expectancies, and establish and notice further alternatives, (ii) charge will increase and provide chain shortages within the parts wanted for the manufacturing of Xos’ automobile chassis and battery device, (iii) adjustments within the industries through which Xos operates, (iv) adjustments in rules and laws affecting Xos’ industry, (v) Xos’ talent to retain key team of workers and rent further team of workers, (vi) the danger of downturns and a converting regulatory panorama within the extremely aggressive electrical automobile trade and (vii) the end result of any prison court cases that can be instituted in opposition to Xos. You will have to in moderation imagine the foregoing components and the opposite dangers and uncertainties described beneath the heading “Possibility Components” integrated in Xos’ Annual Record on Shape 10-Okay for the fiscal yr ended December 31, 2021 filed with the Securities and Change Fee (the “SEC”) on March 30, 2022 and Xos’ different filings with the SEC copies of that could be got by means of visiting Xos’ Traders Members of the family web site at https://traders.xostrucks.com/ or the SEC’s web site at www.sec.gov. Those filings establish and deal with different necessary dangers and uncertainties that might purpose exact occasions and effects to fluctuate materially from the ones contained within the forward-looking statements. Ahead-looking statements discuss handiest as of the date they’re made. Readers are cautioned to not put undue reliance on forward-looking statements, and Xos assumes no legal responsibility and does no longer intend to replace or revise those forward-looking statements, whether or not on account of new knowledge, long run occasions, or another way. Xos does no longer give any assurance that it’s going to reach its expectancies.