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.”

Similarly 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.

What is XL Fleet future? XL Fleet is a leading provider of vehicle electrification solutions for commercial and municipal fleets in North America, with more than 180 million miles driven by customers such as The Coca-Cola Company, Verizon, Yale University and the City of Boston.

Additionally, 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

Where is XL Fleet based?

XL Fleet, formerly XL Hybrids, is a Boston-based leader in vehicle electrification solutions for commercial and municipal fleets.

What is XL hybrid? XL Hybrids is a connected fleet electrification company that manufactures electric powertrains for class 2-6 hybrid electric and plug-in hybrid electric trucks.

What is XL link? XL Link. Our proprietary XL Link™ technology provides a continuous data link from each hybrid vehicle to measure system performance.

How do I invest in XL Fleet? How to buy shares in XL Fleet

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. …
  4. Research the stock. …
  5. Purchase now or later. …
  6. Check in on your investment.

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.

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.

What type of company is XL Fleet? 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.

What is XL Fleet company?

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.

Does Ford Transit have a hybrid?

16, 2021 – Ford today confirmed that the next generation Ford Transit Custom range will include an all-electric model in addition to plug-in hybrid, mild hybrid and conventional engine variants.

Is there a hybrid cargo van? Maxwell Vehicles upfits RAM ProMaster cargo vans with plug-in hybrid electric powertrains manufactured by General Motors. GM’s robust and efficient technology, backed by over 2.5 billion miles of cumulative fleet driving, compliments rugged RAM utility for an impressive combination.

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 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 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.

 

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