Xos Shares Fireside Chat Replay of UBS Global Industrials and Transportation 2022

Xos, Inc.

LOS ANGELES, June 08, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (the “Company”) (NASDAQ: XOS), a leading fleet service provider and manufacturer of Class 5-8 battery electric vehicles , announced today a replay of the company’s fireside chat at the UBS Global Industrials and Transportation 2022 conference, held on June 7, 2022. The replay can be accessed via the investor relations page. company investors: https://investors.xostrucks.com/.

About Xos, Inc.
Xos is a leading fleet service provider and original equipment manufacturer of Class 5-8 battery electric vehicles and the tools to adopt them. Xos vehicles and fleet management software are specifically designed for medium and heavy-duty commercial vehicles that cover last-mile, return-to-base routes of 270 miles or less per day. The company leverages its proprietary technologies to provide commercial fleets with zero-emission vehicles that are easier to maintain and more cost effective on a total cost of ownership (TCO) basis than their internal combustion engine counterparts. For more information, please visit www.xostrucks.com.

Caution Regarding Forward-Looking Statements
This press release, and the documents referred to herein, include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to statements regarding the strategy and future growth of Xos, Inc. (“Xos”). These forward-looking statements can be identified by the words “believe”, “plan”, “project”, “potential”, “seem”, “seek”, “expect”, “anticipate”, “estimate”, “have intent, “strategy”, “future”, “target”, “opportunity”, “plan”, “may”, “could”, “should”, “will”, “would”, “will”, “will continue “, “will likely result”, and similar expressions and any other statements that predict or indicate future events or trends or that are not statements about historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release (and the documents referenced herein), including, but not limited to: (i ) Xos’ ability to implement business plans, forecasts and other expectations, and to identify and realize additional opportunities, (ii) Xos’ limited operating history, (iii) increases in production costs and delays due to shortages in the supply chain of components needed to produce Xos’ vehicle chassis and battery system, (iv) Xos’ ability to meet production milestones and meet late orders, (v) changes in the industries in which Xos operates, (vi) variations in operating performance among competitors, (vii) changes in laws and regulations a affecting Xos’ business, (viii) Xos’ ability to implement its business plan or meet or exceed its financial projections (ix) Xos’ ability to retain key personnel and hire additional personnel, in particularly in light of current and potential work r shortages, (x) the risk of a downturn and the changing regulatory landscape in the highly competitive electric vehicle industry and (xi) the outcome of any legal proceedings that may be brought against Xos. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing factors and the other risks and uncertainties described under the heading “Risk Factors” included in Xos’ Annual Report on Form 10, and you should examine them carefully. -K for the fiscal year ended December 31, 2021 filed with the SEC on March 30, 2022 and the other documents filed by Xos with the SEC, copies of which may be obtained by visiting the Xos Investor Relations website at https://investors.xostrucks. com/ or the SEC’s website at www.sec.gov.

Xos Investor Relations

Xos Media Relations

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