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Xos Breaks the $100K Barrier for High-Powered Mobile Charging with New Hub Approved for $110,000 CORE Incentive

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Xos (NASDAQ: XOS) announced that its latest mobile charging unit, the Xos Hub�, has been approved for a $110,000 incentive through California's Clean Off-Road Equipment (CORE) Voucher Incentive Project. This breakthrough brings the unit's cost below $100,000, less than half the price of comparable DC fast charging systems.

The Xos Hub features 282 kWh of onboard energy storage and four integrated DC fast chargers, offering a portable charging solution without requiring permanent infrastructure. Major companies including Caltrans, Duke Energy, and Xcel Energy are already utilizing the technology. The system has proven effective in various environments including seaports, airports, construction zones, and logistics facilities.

Xos (NASDAQ: XOS) ha annunciato che la sua ultima unità mobile di ricarica, il Xos Hub�, è stata approvata per un incentivo di 110.000 $ tramite il progetto CORE (Clean Off‑Road Equipment) della California. Questo risultato riduce il costo dell'unità a meno di 100.000 $, meno della metà rispetto ai sistemi di ricarica DC fast comparabili.

Il Xos Hub dispone di 282 kWh di accumulo energetico integrato e di quattro caricabatterie DC fast incorporati, offrendo una soluzione di ricarica portatile senza necessità di infrastrutture permanenti. Grandi aziende come Caltrans, Duke Energy e Xcel Energy stanno già utilizzando la tecnologia. Il sistema ha dimostrato efficacia in ambienti diversi, tra cui porti, aeroporti, cantieri e centri logistici.

Xos (NASDAQ: XOS) anunció que su más reciente unidad de carga móvil, el Xos Hub�, ha sido aprobada para un incentivo de 110.000 $ a través del proyecto CORE (Clean Off‑Road Equipment) de California. Este logro reduce el coste de la unidad por debajo de los 100.000 $, menos de la mitad del precio de sistemas de carga rápida DC comparables.

El Xos Hub cuenta con 282 kWh de almacenamiento de energía a bordo y cuatro cargadores rápidos DC integrados, ofreciendo una solución de carga portátil sin necesidad de infraestructura permanente. Grandes empresas como Caltrans, Duke Energy y Xcel Energy ya están usando la tecnología. El sistema ha demostrado ser efectivo en distintos entornos, incluyendo puertos, aeropuertos, zonas de construcción y centros logísticos.

Xos (NASDAQ: XOS)ëŠ� 최신 모바ì� ì¶©ì „ 장치 Xos Hubâ„�ê°€ 캘리í¬ë‹ˆì•„ì˜ CORE(ì²­ì • 비ë„로장ë¹�) 바우ì²� ì¸ì„¼í‹°ë¸Œ 프로ì íЏë¥� 통해 110,000달러 ì¸ì„¼í‹°ë¸Œ 승ì¸ì� 받았다고 발표했습니다. ì´ë¥¼ 통해 장치 ê°€ê²©ì´ 100,000달러 미만으로 낮아ì � 유사í•� DC ê³ ì† ì¶©ì „ 시스í…� ê°€ê²©ì˜ ì ˆë°˜ ì´í•˜ê°€ ë˜ì—ˆìŠµë‹ˆë‹�.

Xos HubëŠ� 282 kWhì� 온보ë“� ì—너지 저장장치와 4ê°œì˜ í†µí•© DC ê³ ì† ì¶©ì „ê¸°ë¥¼ ê°–ì¶”ì–� ì˜êµ¬ì � ì¸í”„ë� ì—†ì´ íœ´ëŒ€ 가능한 ì¶©ì „ ì†”ë£¨ì…˜ì„ ì œê³µí•©ë‹ˆë‹�. Caltrans, Duke Energy, Xcel Energy ë“� 주요 ê¸°ì—…ë“¤ì´ ì´ë¯¸ ì� 기술ì� 활용하고 있습니다. ì� ì‹œìŠ¤í…œì€ í•­ë§Œ, 공항, 건설 현장 ë°� 물류 시설 ë“� 다양í•� 환경ì—서 효과가 ìž…ì¦ë˜ì—ˆìŠµë‹ˆë‹�.

Xos (NASDAQ: XOS) a annoncé que sa dernière unité de recharge mobile, le Xos Hub�, a été approuvée pour une subvention de 110 000 $ dans le cadre du projet CORE (Clean Off‑Road Equipment) de Californie. Cette avancée ramène le coût de l'unité en dessous de 100 000 $, soit moins de la moitié du prix des systèmes de charge rapide DC comparables.

Le Xos Hub intègre 282 kWh de stockage d'énergie embarqué et quatre chargeurs rapides DC intégrés, offrant une solution de charge portable sans nécessité d'infrastructures permanentes. De grandes entreprises telles que Caltrans, Duke Energy et Xcel Energy utilisent déjà la technologie. Le système s'est avéré efficace dans divers environnements, notamment les ports, aéroports, chantiers et installations logistiques.

Xos (NASDAQ: XOS) gab bekannt, dass seine neueste mobile Ladeeinheit, der Xos Hub�, für einen 110.000 $-Anreiz im Rahmen des kalifornischen CORE (Clean Off‑Road Equipment) Voucher Incentive Project genehmigt wurde. Dadurch sinkt der Preis der Einheit auf unter 100.000 $, weniger als die Hälfte vergleichbarer DC‑Schnellladesysteme.

Der Xos Hub verfügt über 282 kWh Onboard‑Energiespeicher und vier integrierte DC‑Schnelllader und bietet eine tragbare Ladelösung ohne permanente Infrastruktur. Große Unternehmen wie Caltrans, Duke Energy und Xcel Energy nutzen die Technologie bereits. Das System hat sich in verschiedenen Umgebungen bewährt, darunter Häfen, Flughäfen, Baustellen und Logistikzentren.

Positive
  • Unit cost reduced to under $100,000, less than half the price of comparable systems
  • Secured $110,000 CORE incentive approval, improving affordability
  • No permanent infrastructure or utility upgrades required for deployment
  • Already adopted by major fleet operators and utilities
Negative
  • None.

Insights

Xos's Hub receiving $110K CORE incentive drops its price below $100K, making EV fleet charging dramatically more affordable and accessible.

Xos has achieved a significant pricing breakthrough with their mobile charging solution. By securing a $110,000 incentive through California's CORE program, they've pushed the effective price of their Xos Hub below $100,000 - less than 50% of competing DC fast charging systems that typically cost over $200,000.

This price point is transformative for the EV fleet charging landscape. The Xos Hub offers 282 kWh of energy storage with four integrated DC fast chargers, creating a compelling value proposition for fleet operators facing grid constraints or requiring mobility. The economics now strongly favor adoption, particularly for off-highway applications like seaports, airports, construction sites, and logistics facilities.

What's particularly valuable is the Hub's ability to bypass traditional infrastructure challenges. By eliminating the need for permanent installations or utility upgrades, Xos addresses a critical pain point in fleet electrification. The customer traction with major fleets and utilities including Caltrans, Duke Energy, Xcel Energy, and TECO Energy validates the market need.

For off-road fleet operators, this price reduction fundamentally changes deployment calculations. The CORE program's structure, which requires no vehicle scrappage and offers additional funding for disadvantaged communities, further enhances the value proposition for California-based operations. This positions Xos to potentially capture significant market share in the growing mobile charging segment that bridges the gap between electric vehicle adoption and charging infrastructure readiness.

An Xos Hub deployed in the field for mobile EV charging.

LOS ANGELES, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) announced today that the newest version of its mobile charging unit, the Xos Hub�, has been approved for California’s Clean Off-Road Equipment (CORE) Voucher Incentive Project, making it eligible for a . This groundbreaking approval means the Xos Hub is now available for under $100,000, less than half the cost of many equivalent DC fast charging systems, which often exceed $200,000. The result is a major leap forward in reducing both capital and operational expenses for fleets transitioning to electric vehicles.

With 282 kWh of onboard energy storage and four integrated DC fast chargers, the Xos Hub delivers a powerful, flexible, and transportable charging solution. It can be rapidly deployed without the need for permanent infrastructure or costly utility upgrades, making it an ideal fit for fleets that need charging in multiple or remote locations, or at sites with limited grid power.

Some of the nation’s largest fleets and utilities including Caltrans, Duke Energy, Xcel Energy, TECO Energy, and Highland Fleets are already benefiting from the Xos Hub’s ability to enable clean, reliable, and cost-effective charging wherever it is needed.

“Securing CORE approval for our most advanced Hub yet is a major milestone in our mission to accelerate fleet electrification,� said Aldan Shank, Director of Mobile Charging. “By getting the cost below $100,000 per unit, we’ve made high-capacity, fast charging easier to deploy than ever before. This changes the economics for off-road fleet operators and removes many of the common obstacles to fleet electrification and charging.�

The Xos Hub has already proven its versatility in a range of demanding off-highway environments, including:

  • Seaports, where it powers heavy-duty electric forklifts in container handling and cargo operations
  • Airports, supporting electric aircraft and ground support equipment
  • Construction zones and remote utility worksites, enabling electric construction machinery to operate without relying on fossil fuel generators
  • Retail and logistics facilities, charging electric yard hostlers and material handling equipment

The CORE program, administered by the California Air Resources Board (CARB), provides point-of-sale discounts to encourage adoption of zero-emission off-road technologies. The program requires no scrappage and offers additional funding for deployments in disadvantaged communities and for small business purchasers.

The Xos Hub is ideal for temporary or transportable charging applications such as depots without existing infrastructure, event-based operations, or remote job sites. By combining high-capacity energy storage with rapid charging capability, it helps bridge the infrastructure gap and enables fleets to transition to EVs faster, more affordably, and with fewer operational disruptions.

About Xos, Inc.
Xos is a leading technology company and manufacturer of Class 5 and 6 battery electric commercial vehicles, powertrains, and advanced charging equipment. In addition to its purpose-built trucks, Xos provides fleet operators with a full suite of charging and software solutions to support the transition to electric. Xos products are designed for last-mile, back-to-base routes of up to 250 miles per day, offering a lower total cost of ownership compared to internal combustion engine vehicles. For more information, visit www.xostrucks.com.

Xos Contacts
Xos Investor Relations

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Xos Media Relations

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A photo accompanying this announcement is available at


FAQ

What is the cost of the new Xos Hub after CORE incentives?

The new Xos Hub is available for under $100,000 after receiving the $110,000 CORE incentive, making it less than half the cost of equivalent DC fast charging systems.

What are the key specifications of the Xos Hub mobile charging unit?

The Xos Hub features 282 kWh of onboard energy storage and four integrated DC fast chargers, providing portable charging capabilities without requiring permanent infrastructure.

Which major companies are currently using the Xos Hub?

Major companies using the Xos Hub include Caltrans, Duke Energy, Xcel Energy, TECO Energy, and Highland Fleets.

Where can the Xos Hub mobile charging unit be deployed?

The Xos Hub can be deployed in various environments including seaports, airports, construction zones, remote utility worksites, and retail and logistics facilities.

What are the advantages of the Xos Hub for fleet operators?

The Xos Hub offers flexible deployment without permanent infrastructure, reduced capital costs, and the ability to provide charging in multiple or remote locations without utility upgrades.
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