XL Fleet is currently developing all electric drivetrains that we expect to deploy on new vehicles in 2022. We have also substantially expanded our XL Grid solutions with the acquisition of World Energy in May 2021.
Similarly How much cash does XL Fleet have? XL Fleet maintains significant financial flexibility, including $367 million of cash on our balance sheet, positioning us to weather near-term pressure while continuing to execute on our strategy. »
What does XL Fleet company do? Company. XL Fleet is a leading provider of vehicle electrification solutions for commercial fleets in North America. Our vision is to become the world leader in fleet electrification.
Additionally, How does XL fleet work?
XL Fleet offers a comprehensive suite of fleet electrification solutions to accelerate your EV transformation. The XL Hybrid system delivers up to a 25% MPG increase and a 20% reduction in CO2 emissions for Class 2-6 fleets*. Available on major OEM platforms, including Ford, Chevy, GM and Isuzu.
Who owns XL Fleet?
Top 10 Owners of XL Fleet Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 6.69% | 9,460,494 |
| JPMorgan Investment Management, I… | 4.86% | 6,871,360 |
| BlackRock Fund Advisors | 2.32% | 3,283,995 |
| Morgan Stanley & Co. LLC | 1.13% | 1,595,682 |
How do I invest in XL Fleet? How to buy shares in XL Fleet
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- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. …
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When did XL Fleet go public? XL Fleet Announces Closing Of Merger
21, 2020, resulted in the combined company being renamed “XL Fleet Corp.”, with its common stock and warrants to commence trading on the New York Stock Exchange at the opening of trading on Dec. 22, 2020, under the ticker symbols “XL” and “XL WS,” respectively.
Who is XL Fleet merging with? XL Fleet Completes Merger with Pivotal Investment Corporation II, a Special Purpose Acquisition Company, Begins Trading on NYSE.
Who are XL Fleet customers?
XL Fleet is a leading provider of vehicle electrification solutions for commercial and municipal fleets 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.
Is XL Fleet a real company? XL Fleet is a provider of electrified powertrain solutions for commercial fleet vehicles. The company provides real-time data monitoring and analytics and will expand its “Electrification-as-a Service” solution, which includes power management, charging infrastructure, and onsite power and storage offerings.
Where is XL Fleet based?
XL Fleet, formerly XL Hybrids, is a Boston-based leader in vehicle electrification solutions for commercial and municipal fleets.
How do you buy stocks on wish? How and Where To Buy Wish Stock. If you want to buy ContextLogic Inc. stock, sign up to make an account on a trading platform and enter the requested personal information to open your brokerage account. Then you can buy the number of shares you want. The company operates under the ticker WISH.
What does Jim Cramer say about XL Fleet?
“I’ve gotta tell you, if XL Fleet can get even close to hitting its forecasts for 2022 or 2023, and we get some clarity on that relationship with Ford and the F-150, this stock is cheap, darned cheap,” Cramer said. “XL Fleet would be trading at just 3.3 times its 2023 forecast.”
Is XL a SPAC?
XL Fleet (NYSE:XL) closed its SPAC (special purpose acquisition company) merger on Dec. 22 and now XL stock looks to be worth at least 70% more.
Does XL Fleet have revenue? Revenue totaled $15.6 million for full-year 2021, compared to $20.3 million for full-year 2020. Gross loss totaled ($0.7) million for full-year 2021, compared to a gross profit of $2.7 million for the full-year 2020.
When did XL Go Public? When did Destination XL Group, Inc. go public? On June 2, 1987, the Company sold 2,300,000 shares of Common Stock in an initial public offering filed with the Securities and Exchange Commission.
What day did XL merge?
To celebrate the completion of its merger, leadership from the combined Company will ring the opening bell at the New York Stock Exchange at 9:30 am EST on Wednesday, December 23, 2020.
What sector is XL? Key Data
| Label | Value |
|---|---|
| Sector | Capital Goods |
| Industry | Automotive Aftermarket |
| 1 Year Target | $6.00 |
| Today’s High/Low | $2.38/$2.18 |
Is XL Fleet shorted?
XL Fleet currently has a short interest ratio of 3.0. Learn More on XL Fleet’s short interest ratio.
What industry is XL in? XL Fleet Corp. provides vehicle electrification solutions for commercial and municipal fleets. The Company offers hybrid and plug-in hybrid electric drive solutions for vans, pickups, shuttle buses, delivery vehicles, stripped chassis, box trucks, and other vehicles. XL Fleet serves customers in the United States.
