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0.0379241516966069 0.0379241516966069 0.0379241516966069 0.0838323353293413 0.0718562874251498 0.0798403193612775 0.107784431137725 0.0818363273453094
Stock impact report

XL Fleet Awarded Pilot Project With Department of Defense to Prototype Fuel-Saving Technology for Tactical Vehicles

XL Fleet Corp. Class A (XL) 
Last xl fleet corp. class a earnings: 7/31 04:30 pm Check Earnings Report
US:NYSE Investor Relations: xlgroup.com/xl-investor-relations
Company Research Source: Business Wire
Department of Defense pilot program is part of a future contract opportunity to leverage the hybrid conversion technology for tens of thousands of vehicles in a variety of U.S. military applications BOSTON--(BUSINESS WIRE)--XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a leader in vehicle electrification solutions for commercial and municipal fleets, today announced it was awarded a contract by the Defense Innovation Unit (DIU) and The U.S. Army’s Project Manager Transportation Systems (PM TS) to prototype a fuel-saving technology for military vehicles. After earning the opportunity through a highly competitive bidding process, XL Fleet is one of two companies awarded a contract to develop a pilot technology project over the course of the next year. This technology has the potential to be applied to tens of thousands of existing vehicles across a wide range of military applications. The pilot program began on October 1, 2021, and will run for 13 months.This press release Show less Read more
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