Xos, Inc. Names Jessica Ramirez as Vice President of Human Resources

21 Apr 2022

LOS ANGELES, April 21, 2022 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through Class 8 battery-electric vehicles and powertrains, and provider of charging infrastructure and fleet management software, today announced Jessica Ramirez has joined the company as Vice President of Human Resources. Ms. Ramirez will lead the human resources department and be responsible for standardizing and scaling the company’s people processes. Ms. Ramirez will report to Chief Executive Officer and Co-Founder Dakota Semler.

“I am thrilled to be joining Xos during an exciting and transformative time of the company,” said Ms. Ramirez. “The diverse backgrounds and experiences of the talented people at Xos are truly what sets us apart from the rest—it’s our competitive advantage. We are only going to grow over the coming months and years and I’m excited to be part of that growth. The future is bright at Xos.”

Ms. Ramirez has over 15 years of human resources experience spanning companies within distribution, ecommerce, and manufacturing. Prior to Xos, Ms. Ramirez led HR at Whiplash, a 3 PL company that was acquired by Ryder shortly before her departure. Before that, she led HR at Royal Truck Body, a body manufacturer for commercial and passenger vehicles.

“Jessica brings a wealth of human resources experience and expertise to Xos and is a fantastic addition to the team,” said Dakota Semler, CEO of Xos. “Under her leadership, we look forward to strengthening our HR processes, continuing to bring on the best and brightest talent, and growing our employee development and leadership training offerings.”

About Xos, Inc.
Xos is a leading original equipment manufacturer of Class 5 through Class 8 battery-electric vehicles and the tools to adopt them. 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 of 200 miles or less per day. The company leverages its proprietary technologies to provide commercial fleets with zero-emission vehicles that are easier to maintain and more cost-effective on a total cost of ownership (TCO) basis than their internal combustion engine counterparts. For more information, please visit www.xostrucks.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release 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 in this press release, including but not limited to: (i) Xos’ ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities, (ii) cost increases and supply chain shortages in the components needed for the production of Xos’ vehicle chassis and battery system, (iii) changes in the industries in which Xos operates, (iv) changes in laws and regulations affecting Xos’ business, (iv) Xos’ ability to retain key personnel and hire additional personnel, (v) the risk of downturns and a changing regulatory landscape in the highly competitive electric vehicle industry and (vi) the outcome of any legal proceedings that may be instituted against Xos. You should carefully consider the foregoing factors and the other risks and uncertainties described under the heading “Risk Factors” included in Xos’ Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission (the “SEC”) on March 30, 2022 and Xos’ other filings with the SEC copies of which may be obtained by visiting Xos’ Investors Relations website at https://investors.xostrucks.com/ or the SEC's website at www.sec.gov. These filings 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. Xos does not give any assurance that it will achieve its expectations.

Contacts
Xos Investor Relations
investors@xostrucks.com

Xos Media Relations
press@xostrucks.com