Xos Hub surpasses 1 GWh energy delivery milestone, supporting fleet charging and utility services, enhancing energy storage capabilities.
Quiver AI Summary
Xos, Inc. has announced that its mobile, grid-independent energy storage and charging system, the Xos Hub™, has surpassed one gigawatt-hour of energy delivered through over 33,600 successful charging sessions in real-world commercial operations. This milestone highlights the Hub's durability and performance under continuous use, contributing to the company's growth in the energy storage sector, including new orders from Xcel Energy and the U.S. Air Force. The Xos Hub operates efficiently across various climates and applications, providing energy without the need for permanent infrastructure or utility upgrades. As demand for energy storage and charging solutions increases, Xos plans to expand its product offerings and market presence, leveraging the proven performance of its Hub systems to attract fleet, utility, industrial, and defense customers.
Potential Positives
- Achieved a significant milestone by delivering over 1 gigawatt-hour of energy from a single Xos Hub, demonstrating the product's durability in real-world commercial operation.
- Secured new orders from Xcel Energy and the U.S. Air Force, indicating strong demand and expanding market presence in both utility and defense sectors.
- Introduced higher-capacity Hub versions and the megawatt-scale Power Hub, positioning the company to address rising demand for mobile and flexible energy storage solutions.
- Received UL 2202 safety certification, enhancing credibility and customer confidence in the Xos Hub as a reliable fleet energy storage solution.
Potential Negatives
- While the press release highlights significant achievements, it does not address any potential challenges or risks associated with the expansion into new markets, particularly in the defense sector, which could expose the company to procurement uncertainties.
- The reliance on forward-looking statements may raise concerns among investors, as these statements are subject to various risks and uncertainties that could lead to actual results differing materially from expectations.
- Despite the positive performance metrics provided, the scale of deployment and the company's ability to meet future demand amidst supply chain constraints and regulatory changes remain unaddressed, potentially undermining investor confidence in long-term viability.
FAQ
What is the Xos Hub™ and its significance?
The Xos Hub™ is a mobile, grid-independent energy storage and charging system that enables high-throughput commercial charging without infrastructure upgrades.
How much energy has the Xos Hub™ delivered?
A single Xos Hub™ has delivered over 1 gigawatt-hour (1,020,143.6 kWh) of energy over more than 33,600 charging sessions.
Who are the recent customers of Xos?
Recent orders for the Xos Hub™ have come from Xcel Energy and the U.S. Air Force, highlighting its growing market demand.
What new products has Xos introduced for energy storage?
Xos has expanded Hub capacity tiers, launched the Power Hub for large loads, and is developing higher-capacity Hub versions.
What certifications has the Xos Hub™ achieved recently?
The Xos Hub™ achieved UL 2202 safety certification for fleet energy storage systems in August 2026.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$XOS Insider Trading Activity
$XOS insiders have traded $XOS stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $XOS stock by insiders over the last 6 months:
- GREEN TRUST EMERALD has made 0 purchases and 4 sales selling 400,000 shares for an estimated $2,195,007.
- GIORDANO SORDONI (Chief Operating Officer) sold 49,370 shares for an estimated $197,549
- STUART N. BERNSTEIN has made 0 purchases and 4 sales selling 42,992 shares for an estimated $163,398.
- DIETMAR OSTERMANN has made 0 purchases and 2 sales selling 13,351 shares for an estimated $49,828.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$XOS Revenue
$XOS had revenues of $4.7M in Q2 2026. This is a decrease of -74.23% from the same period in the prior year.
You can track XOS financials on Quiver Quantitative's XOS stock page.
You can access data on XOS stock through the Quiver Quantitative API.
$XOS Hedge Fund Activity
We have seen 13 institutional investors add shares of $XOS stock to their portfolio, and 16 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP removed 110,039 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $332,317
- JANE STREET GROUP, LLC added 79,979 shares (+inf%) to their portfolio in Q2 2026, for an estimated $241,536
- STATE STREET CORP added 77,453 shares (+inf%) to their portfolio in Q2 2026, for an estimated $233,908
- ALGERT GLOBAL LLC added 45,663 shares (+inf%) to their portfolio in Q2 2026, for an estimated $137,902
- MORGAN STANLEY added 30,298 shares (+61832.7%) to their portfolio in Q2 2026, for an estimated $91,499
- VIRTU FINANCIAL LLC added 23,471 shares (+inf%) to their portfolio in Q2 2026, for an estimated $70,882
- NORTHERN TRUST CORP added 20,527 shares (+inf%) to their portfolio in Q2 2026, for an estimated $61,991
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
- More than 1 gigawatt-hour (1,020,143.6 kWh) of energy delivered from a single, grid-independent Hub in demanding, real-world commercial operation
- More than 33,600 charging sessions completed, charging vehicles day after day in continuous, real-world operation
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That proven performance is already translating into growth, with recent orders from Xcel Energy and the U.S. Air Force.
The Xos Hub™, a mobile, grid-independent energy storage and charging system that delivers high-throughput commercial charging without permanent infrastructure or utility upgrades.
LOS ANGELES, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leader in electric commercial vehicles and mobile charging solutions, today announced that a single Xos Hub™ has surpassed one gigawatt-hour (GWh) of cumulative energy delivered. The milestone provides multi-year field evidence of the Hub’s durability under continuous, real-world use, the same product strength that is helping Xos grow its energy storage business across new versions and markets.
Over the past year, the Company has expanded the Hub to higher capacity, launched the megawatt-scale Power Hub, deepened its utility deployments, and entered the defense market, and durability proven in the field is what makes that expansion credible. Across the deployed fleet, the Hub has operated in a wide range of climates and applications, from Northeast winters to Arizona summers, charging trucks, cars, buses, and autonomous vehicles for uses that span fleet operations and disaster response.
The Xos Hub is a mobile, grid-independent system, and a result like this measures what a specification sheet cannot: how the unit holds up delivering energy over years of continuous use, the pairing of sustained output and battery health that determines how a storage asset performs and what it costs to run over its service life.
1 Gigawatt-Hour Milestone Highlights
- The unit delivered 1,020,143.6 kWh of energy in the field, surpassing the one-gigawatt-hour mark.
- The Hub operated near-continuously after entering heavy-duty service in early 2025, averaging 1,800 to 2,000 kWh of energy delivery per day across more than 33,600 charging sessions.
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The results extend well beyond one unit: across its connected Hub fleet, Xos has delivered more than
5 gigawatt-hours
of energy in the field to date, showing that the platform's performance scales.
"Reaching a gigawatt-hour from a single Hub gives us multi-year data on how this platform performs under continuous, real-world use. That track record is the foundation for how we are growing this business across new products and markets, and it shows customers across multiple industries why they can rely on it. We built the Hub to deliver energy every day, over years, and the field data now supports that," said Dakota Semler, Chief Executive Officer of Xos.
A Growing Energy Storage Business
Demand for energy storage and flexible charging is climbing. U.S. energy storage installations reached a record 18.9 gigawatts in 2025, up 52% from the prior year, according to Wood Mackenzie and the American Clean Power Association. At the same time, connecting new capacity to the grid remains a bottleneck: roughly 2,061 gigawatts of generation and storage are waiting in U.S. interconnection queues, and a typical project now takes more than five years to reach commercial operation, according to Lawrence Berkeley National Laboratory. The Xos Hub speaks directly to both trends as a deployable, grid-independent system that adds power without waiting on utility upgrades, and the durability behind this milestone is helping the Company broaden the platform to serve more of that demand:
- Higher-capacity Hub versions: In January 2026, Xos expanded Hub capacity tiers to up to 630 kWh per unit, widening the range of fleet and site applications the platform can serve.
- Power Hub for large loads: In June 2026, Xos introduced the Power Hub , a containerized system that scales the Hub architecture to megawatt-scale power for large loads, available in 1.2, 2.5, and 4.0 MWh configurations.
- Utility deployments: In August 2026, Xcel Energy placed a follow-on order for three Xos Hub systems in Colorado, supporting fleet EV charging at service centers and residential customers during grid upgrade construction.
- Defense market entry: In August 2026, Xos received a prototype Other Transaction Agreement from the U.S. Air Force to provide deployable mobile charging for electrified equipment and vehicles in field environments.
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Safety certification:
In August 2026, the Xos Hub achieved
UL 2202 certification
for fleet energy storage systems.
"Field results at this scale strengthen the total cost of ownership case behind our customers' decisions, and that case only grows as our systems accumulate operating data. As we bring the next generation of higher-capacity Hubs and the Power Hub to market, we expect proven economic performance like this to accelerate adoption across fleet, utility, and industrial customers," said Giordano Sordoni, Chief Operating Officer of Xos.
This milestone is a proof point for a much larger trajectory. As commercial fleets, utilities, and energy-intensive operations move to electrify, the ability to deliver reliable charging and energy storage without permanent infrastructure is becoming central to how these customers plan and invest. Xos expects the field-validated durability behind this milestone to grow into a lasting competitive advantage, giving buyers measurable evidence rather than projections as they commit to electrification. Building on that foundation, the Company plans to scale the Hub platform into higher-capacity systems and large-scale power and to deepen its presence across fleet, utility, industrial, and defense markets in the years ahead.
About Xos
Xos, Inc. (NASDAQ: XOS) is a leading manufacturer of fully electric commercial vehicles and mobile charging solutions, purpose-built for the demanding requirements of last-mile and return-to-base commercial fleet operations. The Company’s product portfolio includes the Xos Stepvan and Class 8 trucks, as well as Xos Hub™ mobile and stationary energy storage systems that enable fleet charging without costly infrastructure upgrades. Xos vehicles are designed and engineered to deliver lower total cost of ownership compared to conventional diesel vehicles, with zero direct emissions, lower maintenance costs, and improved operational efficiency. For more information, visit www.xostrucks.com .
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These statements are based on the current expectations and beliefs of Xos management and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those expressed or implied by these forward-looking statements due to risks and uncertainties, including market demand, competitive conditions, manufacturing capabilities, supply chain constraints, tariff impacts, regulatory changes, and other factors described in Xos’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Xos undertakes no obligation to update these forward-looking statements.
Media Contact
Diana Carvajal
Marketing, Communications, and Public Relations
[email protected]
Investor Contact
Xos Investor Relations
[email protected]
investors.xostrucks.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f53e955b-376b-47f5-ae43-528e0cbf90fc