
Revenue for the full year 2023 improved to $44.5 million from $36.4 million in 2022. Xos achieved positive gross margins in the third and fourth quarters of 2023.
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For this pilot program, 14 SOLO Cargos will be used to deliver pizzas at some California Pizza Hut locations. The three-wheeled electric vehicle can fit 10 large pizzas in its insulated cargo area.
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The SOLO Cargo is a modified version of the flagship, single-seat, three-wheeled SOLO EV and is designed to accommodate a wide range of commercial applications.
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Engineered for a single occupant, it offers a unique driving experience for the environmentally conscious fleet, utility and commercial operator.
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