XL Fleet Announces Date Change for Fourth Quarter and Full-Year 2020 Earnings Release and Conference Call
March 29 2021 - 6:00PM
Business Wire
XL Fleet Corp. (NYSE: XL) (“XL Fleet” or the “Company”), a
leading provider of fleet electrification solutions for commercial
vehicles in North America, today announced that it has changed the
date of its previously announced earnings release and earnings
conference call to allow additional time to complete a review of
its fourth quarter and full-year 2020 financials.
The Company will now report its fourth quarter and full-year
2020 financial results after market close on Wednesday, March 31,
2021, followed by a conference call at 5:00 p.m. Eastern Time. The
Company previously planned to release its earnings results and hold
its earnings conference call on Tuesday, March 30, 2021.
The earnings conference call can be accessed live by dialing
877-407-3982, or for international callers, 201-493-6780 and
referencing XL Fleet. Alternatively, the call can be accessed via a
live webcast accessible on the Events & Presentations page in
the Investor Relations section of The Company’s website at
www.xlfleet.com.
A replay will be available shortly after the call and can be
accessed by dialing 844-512-2921, or for international callers,
412-317-6671. The passcode for the replay is 13716139. The replay
will be available until April 14, 2021. An archive of the webcast
will be available for a period of time shortly after the call on
the Investor Relations section of the Company’s website at
www.xlfleet.com.
About XL Fleet
XL Fleet is a leading provider of fleet electrification
solutions for commercial vehicles in North America, with more than
150 million miles driven by customers such as The Coca-Cola
Company, Verizon, Yale University and the City of Boston. XL
Fleet’s hybrid and plug-in hybrid electric drive systems can
increase fuel economy up to 25-50 percent and reduce carbon dioxide
emissions up to 20-33 percent, decreasing operating costs and
meeting sustainability goals while enhancing fleet operations. XL
Fleet’s plug-in hybrid electric drive system was named one of TIME
magazine's best inventions of 2019. For additional information,
please visit www.xlfleet.com.
Forward Looking Statements
Certain statements in this press release may constitute
“forward-looking statements” within the meaning of the federal
securities laws. Forward-looking statements generally are
accompanied by words such as “believe,” “may,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “expect,” “should,” “would,”
“plan,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These statements are based on various assumptions, whether or not
identified in this press release, and on the current expectations
of management and are not predictions of actual performance.
Forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially
from the forward-looking statements, including but not limited to
failure to realize the anticipated benefits from the business
combination; the effects of pending and future legislation; the
highly competitive nature of the Company’s business and the
commercial vehicle electrification market; litigation, complaints,
product liability claims and/or adverse publicity; cost increases
or shortages in the components or chassis necessary to support the
Company’s products and services; the introduction of new
technologies; the impact of the COVID-19 pandemic on the Company’s
business, results of operations, financial condition, regulatory
compliance and customer experience; the potential loss of certain
significant customers; privacy and data protection laws, privacy or
data breaches, or the loss of data; general economic, financial,
legal, political and business conditions and changes in domestic
and foreign markets; the inability to convert its sales opportunity
pipeline into binding orders; risks related to the rollout of the
Company’s business and the timing of expected business milestones;
the effects of competition on the Company’s future business; the
availability of capital; and the other risks discussed under the
heading “Risk Factors” in the definitive prospectus filed on
January 22, 2021 and other documents that the Company files with
the SEC in the future. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. These
forward-looking statements speak only as of the date hereof and the
Company specifically disclaims any obligation to update these
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20210329005775/en/
Investor Contact: xlfleetIR@icrinc.com Media
Contact: PR@xlfleet.com
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