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Xos (XOS) Stock Spiked 30% After Hours: What's Going On?
Benzinga·
Xos Inc (NASDAQ:XOS), a Los Angeles-based electric commercial vehicle and mobile EV charging company, surged over 30% in after-hours trading after being selected as one of 17 finalists for the U.S. Air Force Global Strike Command Commercial Capabilities Showcase. The company will demonstrate its Charger Hub mobile EV charging technology to Air Force leadership on May 13-14 in Louisiana. CEO Dakota Semler called this a 'strategic inflection point' that could open new defense fleet electrification opportunities.
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