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LOS ANGELES - Xos, Inc. (NASDAQ:XOS) announced Tuesday the release of its 2026 model year Class 6 strip chassis with a starting price of $99,000, positioning it as one of the more affordable options in the commercial electric vehicle market. The announcement comes as the small-cap EV manufacturer, currently valued at just $25.3 million, appears undervalued according to InvestingPro Fair Value estimates, despite experiencing high volatility with shares down nearly 15% in the past week.
The Class 6 platform, designed for commercial fleet operations, features a 23,000 lb gross vehicle weight rating (GVWR) with an estimated range of approximately 120 miles for standard return-to-base duty cycles. An extended range variant offering up to 200 miles is also available.
According to the company’s statement, the vehicle includes an LFP battery system engineered for over 4,000 charge cycles, enhanced telematics with over-the-air update capabilities, and industry-standard serviceable components including axles, wheel ends, and suspension systems.
"The 2026 launch represents everything we’ve built at Xos over nearly 10 years of engineering innovation, supply chain partnerships, and manufacturing scale," said Dakota Semler, Chief Executive Officer of Xos, in the press release.
Xos reports having more than 1,000 vehicles and powertrains on American roads, manufactured at its Tennessee factory. The company’s customer base includes major fleet operators such as UPS, FedEx, Cintas, and Loomis.
The 2026 model comes with a minimum 3-year warranty coverage. The company states that its pricing reflects manufacturing scale and established supplier relationships rather than promotional discounting.
Xos, which describes itself as a leader in electric commercial vehicles, indicates that fleet operators interested in 2026 delivery should contact the company directly.
In other recent news, Xos Inc reported its Q3 2025 financial results, showcasing a significant increase in revenue and improved gross margins. The company achieved revenue of $16.5 million for the quarter, marking a considerable rise from previous periods. Xos also reported a GAAP gross margin of 15.3%, up from 8.8% in the previous quarter. In addition to its financial performance, Xos announced the expansion of its Xos Hub mobile energy storage system with three new capacity configurations. The new options include 210 kWh, 420 kWh, and 630 kWh configurations, with pricing starting at $158,000. These configurations are designed to cater to various fleet operations, offering mobile charging solutions for different vehicle classes. These developments underscore Xos’s ongoing efforts to enhance its product offerings and financial standing.
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