Xos completed the acquisition ElectraMeccanica.

Xos, an electric truck manufacturer and fleet electrification services provider, completed the acquisition of ElectraMeccanica, a designer and assembler of electric vehicles. Financial terms were not disclosed. "We are confident that this acquisition will further strengthen Xos' commitment to operational excellence, customer-focused vehicles, and efficient capital deployment," Giordano Sordoni, Xos COO and Co-Founder.