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.
Pizza Hut Locations Test Drive Electric Delivery Vehicle
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.