Xos, Inc. completes acquisition of ElectraMeccanica Vehicles Corp. to accelerate growth
Acquiring Company
Xos
Acquired Company
ElectraMeccanica
Los AngelesMesaTruck TransportationManufacturingAutomotiveElectric VehicleDescription
Xos, Inc., a leading electric truck manufacturer and fleet electrification services provider, has successfully closed its acquisition of ElectraMeccanica Vehicles Corp. This strategic acquisition is expected to provide growth capital for Xos, Inc. and strengthen its commitment to operational excellence and customer-focused vehicles.
Quick answer
Xos is acquiring ElectraMeccanica, announced March 26, 2024. Xos is based in Los Angeles, California, United States.
- How much did Xos pay for ElectraMeccanica?
- The deal value was not disclosed.
- What does Xos do?
- Dedicated to making fleets more efficient, we build state-of-the-art electric commercial vehicles at a much lower operating cost.
- Where are Xos and ElectraMeccanica based?
- Xos is based in Los Angeles, California, United States. ElectraMeccanica is based in Mesa, Arizona, United States.
- Who are the decision-makers at Xos?
- Fundz holds 2 contacts at Xos. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Truck Transportation and Automotive
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Solero Technologies finalizes acquisition of Kendrion's Automotive Business to expand product offerings, footprint, and customer base (April 15, 2024)
- Jiuzi Holdings Inc. to acquire Shenzhen Maigesong Electric Technology Co., Ltd. (April 3, 2024)
- AUO Corporation completes acquisition of Behr-Hella Thermocontrol GmbH (BHTC) to strengthen its position in smart mobility services (April 2, 2024)
- Group 1 Automotive to acquire Inchcape U.K. Dealerships to expand its presence in the U.K. market (April 15, 2024)
- Naxnova successfully acquires Advanced Thermal Technologies (ATT) to enhance its global portfolio (April 12, 2024)
- ADVIK acquires assets of Aceleron Energy Ltd. to expand into electric vehicle and EV storage systems space (April 8, 2024)
Who to call at Xos, and when
When Xos changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Xos raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Xos, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Xos. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Xos makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired ElectraMeccanica?
ElectraMeccanica was acquired by Xos, based in Los Angeles. The deal was reported on March 26, 2024. Dedicated to making fleets more efficient, we build state-of-the-art electric commercial vehicles at a much lower operating cost. Xos is publicly traded (XOS) and operates in Truck Transportation.
When did Xos acquire ElectraMeccanica?
Xos's acquisition of ElectraMeccanica was reported on March 26, 2024. Xos, Inc., a leading electric truck manufacturer and fleet electrification services provider, has successfully closed its acquisition of ElectraMeccanica Vehicles Corp. This strategic acquisition is expected to provide growth capital for Xos, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ElectraMeccanica do?
ElectraMeccanica Vehicles Corp. is a designer and assembler of electric vehicles. The company has been acquired by Xos, Inc. It is privately held, operating in Manufacturing, and is based in Mesa.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.