Xos Forges Key Partnership with Winnebago

Yesterday, Xos announced a new partnership with iconic American motorhome and RV manufacturer — Winnebago. You can read the press release here. Xos is developing a fully electric chassis for Winnebago’s Specialty Vehicles division, which for over 55 years has built and delivered highly customized vehicles for both commercial and private applications. Xos will provide […]

Get to Know Your Proxy – Part Two: Financial Projections for a New Company

Fellow shareholders: In our prior post, we covered the basics of our proposed transaction with Xos, including the consideration calculation, as explained fully in the recently-filed joint proxy (that post can be found here, the proxy itself can be found here). You’ve also heard, since day one, that both our Board and our CEO enthusiastically […]

Get to Know Your Proxy – Part One: Understanding the Transaction Basics

Fellow shareholders: As we recently announced, ElectraMeccanica has filed a joint proxy with Xos that describes our proposed transaction, the resolutions up for vote, the process for voting, and a significant amount of detail ranging from the background and events leading to the proposed transaction, to risk factors, to financial projections and valuation opinions. Said […]

ElectraMeccanica Announces Filing and Mailing of the Joint Proxy Statement/Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Proposed Combination with Xos

++ FEBRUARY 13, 2024 MESA, Ariz. — (BUSINESS WIRE) — ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica”) is pleased to announce that the joint proxy statement/management information circular (the “Joint Proxy Statement/Circular”) of ElectraMeccanica and Xos, Inc. (“Xos”) giving notice of a special meeting of ElectraMeccanica shareholders (the “ElectraMeccanica Meeting”) is now available on ElectraMeccanica’s website […]

Xos Customer Testimonials

While exploring potential combination partners, the EMV management team and board had the opportunity to meet directly with Xos commercial fleet operator customers. We wanted to talk to these buyers to get a clear sense of how the products delivered were, or were not, meeting expectations. It was immediately clear that everyone, from those in […]

Next Generation Xos Hub and Xcel Energy Purchase

We wanted to make sure EMV shareholders saw the exciting news yesterday that Xos launched a new version of its innovative mobile charging unit, The Xos Hub™ and announced a brand new large-scale utility customer, Xcel Energy.  Xcel Energy plans to use the Xos Hub as a temporary charging solution at construction sites where zero-emission […]

Call with the Xos CEO

Following the announcement of our proposed combination with Xos, Dakota Semler, Xos Chairman and CEO, and I addressed shareholders during a live webcast on Wednesday, January 24th.  During the call, Dakota and I talked through why it makes sense to combine our respective companies. The conversation covered a lot of critical information about Xos and […]

Xos Recognized as a Deloitte Technology Fast 500 Company

It’s an exciting time for our potential combination partner, Xos. Recently, Deloitte recognized the company as a 2023 Technology Fast 500™ award recipient.  At ElectraMeccanica, we have been vocal about the long-term value we believe combining with Xos represents for our shareholders. Clearly, we are not alone in our positive views about the company’s growth. […]

Xos and ElectraMeccanica Announce Proposed Combination to Accelerate Xos’ Leadership Position in Manufacturing Commercial Electric Vehicles for Major U.S. Fleet Customers

Proposed Transaction Anticipated to Significantly Strengthen Xos’ Balance Sheet and Provide Growth Capital to Further Expand Xos’ Gross Margin Positive Vehicle Business Positions Combined Company for Sustainable Long-Term Value Creation with a Strengthened Financial Profile, a Substantial Backlog, and Strong Growth Potential Prospective Combined Company Expected to Benefit from Favorable Regulatory Tailwinds, Including California’s Mandate […]