Core Insights - Xos, Inc. has received approval for its Xos Hub™ under California's CORE Voucher Incentive Project, making it eligible for a $110,000 incentive, thus reducing its price to under $100,000, significantly lower than many equivalent DC fast charging systems [2][5] - The Xos Hub features 282 kWh of onboard energy storage and four integrated DC fast chargers, providing a flexible and transportable charging solution that can be deployed without permanent infrastructure [3][6] - Major fleets and utilities, including Caltrans and Duke Energy, are already utilizing the Xos Hub for clean and cost-effective charging solutions [4] Company Overview - Xos, Inc. is a technology company specializing in Class 5 and 6 battery electric commercial vehicles, powertrains, and advanced charging equipment, offering a comprehensive suite of solutions to support fleet electrification [7] - The Xos Hub is designed for various applications, including depots without existing infrastructure, event-based operations, and remote job sites, facilitating faster and more affordable transitions to electric vehicles [6][7] - Xos products are tailored for last-mile, back-to-base routes of up to 250 miles per day, providing a lower total cost of ownership compared to internal combustion engine vehicles [8]