Xos(XOS) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Xos, Inc. delivers strong unit delivery, sales growth and promising operating profit performance in the second quarter of 2024 Achieved 45% quarter-over-quarter and 137% year-over-year growth in unit deliveries Achieved 18% quarter-over-quarter and 227% year-over-year revenue growth Delivered fourth consecutive quarter of positive gross margins Reaffirming annual guidance of the remainder of the year LOS ANGELES, CA – August 13, 2024 – Xos, Inc. (NASDAQ: XOS) ("Xos" or the "Company"), a leading ...