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Stock impact report

Xos, Inc. Unveils Powered by Xos™ Powertrain Division

NextGen Acquisition Corporation (NGAC) 
Company Research Source: Business Wire
20-year industry veteran Brett Wilson joins electric truck manufacturer to help further a battery-electric future LOS ANGELES--(BUSINESS WIRE)--Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos" or the "Company") that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), today announced that it has established Powered by Xos™ (“Powered by Xos”), a new powertrain division that will operate under the leadership of industry veteran Brett Wilson.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210610005310/en/The new division will offer Xos’ powertrain technology along with design and integration expertise to other original equipment manufacturers (OEMs) in the commercial, off-highway and industrial markets. Xos will continue developing commercial electric vehicles built on its proprietary X-Platform and X-Pack through i Show less Read more
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