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Electric truck manufacturer Xos has completed its acquisition of ElectraMeccanica Vehicles Corp. and Xos leadership said the deal will provide growth capital for the company.
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The proposed transaction represents a unique opportunity for Xos to meet the growing demand for zero-emission medium-duty electric trucks by providing Xos with access to ElectraMeccanica’s cash balance.
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For this pilot program, 14 SOLO Cargos will be used to deliver pizzas at some California Pizza Hut locations. The three-wheeled electric vehicle can fit 10 large pizzas in its insulated cargo area.
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The SOLO Cargo is a modified version of the flagship, single-seat, three-wheeled SOLO EV and is designed to accommodate a wide range of commercial applications.
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