Xos, Inc. (NASDAQ: XOS), a leader in the electrification of fleets,
is excited to announce a purchase order from Crown Linen Service,
Inc., a leading provider of linen and uniform rental services.
Crown Linen has ordered two fully electric 22' stepvans, reflecting
its commitment to sustainability and reducing its environmental
impact.
“We are thrilled to partner with XOS, Inc. in
our journey towards a greener future,” said Plato Spilios,
Co-President of Crown Linen Service, Inc. “Integrating electric
vehicles into our fleet is a crucial part of our strategy to
provide environmentally responsible services to our customers while
maintaining the highest standards of efficiency and
reliability.”
The Xos SV stepvans, with zero tailpipe
emissions, align with Crown Linen’s comprehensive energy efficiency
and sustainability initiatives. In addition to contributing to
cleaner air, these electric vehicles are engineered to deliver
long-term total cost of ownership (TCO) savings, making them a
smart choice for businesses.
“We’re proud to support Crown Linen’s
sustainability goals,” said Dakota Semler, CEO and Co-Founder of
Xos, Inc. “Our electric vehicles not only help reduce carbon
tailpipe emissions but also provide cost savings and superior
performance. We are confident that Crown Linen will experience the
full range of benefits that come with switching to electric.”
Crown Linen Service, Inc. joins a growing list
of businesses in the uniform and linen industry transitioning to
Xos’ electric vehicles. By adopting electric stepvans, they advance
their sustainability efforts while benefiting from efficient,
reliable, and cost-effective operations.
About Xos, Inc.
Xos is a leading technology company, electric
truck manufacturer, and fleet services provider for
battery-electric fleets. Xos vehicles and fleet management software
are purpose-built for medium- and heavy-duty commercial vehicles
that travel on last-mile, back-to-base routes. The company
leverages its proprietary technologies to provide commercial fleets
with battery-electric vehicles that are easier to maintain and more
cost-efficient on a total cost of ownership (TCO) basis than their
internal combustion engine counterparts. For more information,
visit www.xostrucks.com.
Contacts
Xos Media Relationspress@xostrucks.com
About Crown Linen Service, Inc
Founded in 1914, Crown Linen Service, Inc. has built a
reputation for excellence in the linen and uniform rental industry,
serving a diverse clientele with top-notch products and services.
Family-owned and operated for over 100 years, the company proudly
serves the healthcare, dental, industrial, and food and beverage
industries, equipping them with the proper uniforms, apparel,
linens, and floor care services to keep their teams and facilities
safe, professional, and pristine.
Sustainability Initiatives:
Crown Linen Service, Inc. has implemented various sustainability
initiatives to reduce its environmental impact:
Water and The Green / Ecofriendly Movement: Identifying
opportunities to reduce waste, reuse materials, and recycle what
cannot be reduced or reused.
Hanger Recycling Program: Collecting wire hangers, cleaning, and
reusing them to prevent waste and reduce new hanger production.
Recycling Decommissioned Uniforms and Linens: Repurposing or
donating linens and uniforms that no longer meet quality standards.
Medical uniforms and lab coats are given to non-profits like the
Red Cross and Doctors Without Borders.
Paper, Plastics, Metal Recycling: Implementing single-stream
recycling and training staff to maximize recycling efforts.
Reusables in the Workplace: Transitioning from disposable cups
and mugs to reusable ones, with "Mug Walls" installed for easy
access and reuse.
Polybag Re-use and Recycling: Using recycled content poly-bags
for hygienic delivery of medical garments and reducing their
environmental impact.
Energy Efficiency Initiatives:
Green Transportation: Replacing the delivery fleet with "clean"
diesel vehicles, upgrading the sales fleet to energy-efficient
Toyota Priuses, instituting a route management system, and setting
anti-idling policies.
Upgraded Lighting: Installing super-efficient T-5 and LED
lighting, motion light sensors, automated timers for office
electronics, and end-of-day office shutdown policies.
Solar Panels: Partnering with GE to install solar panels on the
roof, providing 1/3 of the plant's electrical capacity.
Heat Reclamation System: Using wastewater heat for incoming
water to reduce gas and energy costs and environmental
pollution.
For more information about Crown Linen Service, Inc. and its
sustainability initiatives, please visit www.crownuniform.com.
Contact:
Plato SpiliosCo-PresidentCrown Linen Service,
Inc.800-221-2725www.crownuniform.com
Cautionary Statement Regarding Forward-Looking
Statements
This website and other items we publish, including through
social media outlets, may include “forward-looking statements”
within the meaning of the “safe harbor” provisions of the United
States Private Securities Litigation Reform Act of 1995. These
forward-looking statements generally are identified by the words
“believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,”
and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements, including but not limited to: (i) Xos,
Inc.’s (“Xos”) ability to implement business plans, forecasts, and
other expectations, and identify and realize additional
opportunities, (ii) Xos’ limited operating history, (iii) cost
increases and supply chain shortages in the components needed for
the production of Xos’ vehicle chassis and battery system, (iv)
Xos’ ability to meet production milestones and fulfill backlog
orders, (v) changes in the industries in which Xos operates, (vi)
variations in operating performance across competitors, (vii)
changes in laws and regulations affecting Xos’ business, (viii)
Xos’ inability to implement its business plan or meet or exceed its
financial projections (ix) Xos’ ability to retain key personnel and
hire additional personnel, (x) the risk of downturns and a changing
regulatory landscape in the highly competitive electric vehicle
industry and (xi) the outcome of any legal proceedings that may be
instituted against Xos.
You should carefully consider the preceding factors and the
other risks and uncertainties described in Xos’ filings with the
Securities and Exchange Commission (the “SEC”), including its
Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
Copies of Xos’ SEC filings may be obtained by visiting Xos’
Investors Relations website at investors.xostrucks.com or the
SEC’s website at www.sec.gov. These filings may identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Forward-looking statements speak
only as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and Xos assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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