Xos(XOS) - 2025 Q1 - Quarterly Results

Exhibit 99.1 Xos Delivers First Quarter Results, Highlighting GAAP Margin Gains Achieved positive gross margin of approximately 20%, for the first quarter 2025 LOS ANGELES, CA – May 14, 2025 – Xos, Inc. (NASDAQ: XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights: Xos began 2025 with continued momentum despite a seasonal slowdown in the first quarter, as fl ...