Xos has secured a follow-on purchase order for 12 Xos Hub™ mobile energy storage and charging units valued at approximately $3 million from a returning customer the company describes as a leading autonomous fleet operator. The Los Angeles-based maker of electric commercial vehicles and mobile charging systems (NASDAQ: XOS) said this week that the $3 million order will supply the operator’s charging needs as it scales autonomous operations into new markets across North America and Europe.
Highlights
- The purchase order covers 12 Xos Hub mobile energy storage and charging units, valued at approximately $3 million, from a returning autonomous fleet customer.
- Xos says the units enable charging deployment across North America and Europe without permanent utility upgrades or fixed infrastructure.
- The order follows the company’s first Hub deliveries into Europe earlier this year.
- Xos cites a Fortune Business Insights projection that the global mobile storage market will grow from $58 billion in 2025 to $156 billion by 2032, a 15% annual expansion.
Details of the Follow-On Order
The 12 Hub units will extend the customer’s charging capacity across multiple operating regions, according to Xos. The company did not disclose the operator’s identity.
As the operator rolls out autonomous services in additional cities and regions, Xos says it expects continued demand for Hub units to support each new market launch, positioning the company for recurring, expansion-driven orders.
How Does the Xos Hub Avoid Grid Upgrades?
Each Xos Hub delivers high-capacity DC fast charging without permanent grid upgrades, the company reports, allowing the operator to electrify new sites on its own timeline rather than waiting in utility interconnection queues. Xos says the system deploys in days, without the permits, costs, or timelines that permanent utility work demands.
Building on European Deliveries
The order follows Xos’s first Hub deliveries into Europe earlier this year, which the company says demonstrated the product’s performance across different markets, grid conditions, and regulatory environments on two continents.
Xos attributes growing demand for mobile energy storage to mounting utility load from electrification, data centers, and extreme weather, and cites a Fortune Business Insights report projecting the global mobile storage market will expand from $58 billion in 2025 to $156 billion by 2032, a 15% annual growth rate.
“This order is proof of what the Xos Hub was built to do, put reliable power exactly where fleets need it, the moment they need it. When one of the most demanding fleets in the world chooses Xos to electrify its expansion across two continents, it validates the strength of our product, the speed of our deployment, and the trust we’ve earned through performance. The grid wasn’t built for how fast these fleets are growing, and that’s precisely the gap Xos is built to close. As they scale into new markets, we intend to scale right alongside them,” said Dakota Semler, Chief Executive Officer of Xos.
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