HVIP Is Back: Here’s What California Fleets Need to Know (And Why It Matters Now)
Xos, Inc. (XOS)
Company Research
Source: GlobeNewswire
LOS ANGELES, Sept. 10, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: XOS) - The Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) is officially back, and California fleets have a major opportunity to secure funding for electric trucks. Depending on fleet size, incentives range from $85,000 to $160,000 per Class 6 vehicle, with up to 20 vouchers available per fleet. On September 9, 2025, the California Air Resources Board (CARB) will reopen HVIP, making millions in funding available on a first-come, first-served basis. Program Highlights $85,000 per Class 6 truck for fleets with more than 20 vehicles$160,000 per Class 6 truck for fleets with 20 or fewer vehiclesFleets eligible for the $160,000 small fleet voucher are subject to an all-time cap on how many they can redeem. This cap applies only to vouchers requested after November 2024, any submitted before that date do not count against it.Rolling cap of 20 unredeemed vouchers per fleetFirst come, first served, no reserv
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- Xos Inc (XOS) Q3 2025 Earnings Call Highlights: Record Low Operating Loss and Strategic Growth ... [Yahoo! Finance]Yahoo! Finance
- Xos, Inc. (XOS) Q3 2025 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Xos, Inc. Announces Third Quarter 2025 Earnings Release Date and Conference CallGlobeNewswire
- XOS (NASDAQ:XOS) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- XOS (NASDAQ:XOS) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
XOS
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- 11/13/25 - Beat
XOS
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- 11/12/25 - Form 4
- 11/12/25 - Form 4
- 11/12/25 - Form 4
- XOS's page on the SEC website