What does XL Fleet make?

XL Grid provides a suite of charging and power solutions to support fleet electrification. It includes EVSE station equipment and data-driven site analysis, as well as onsite solar power, energy storage, and other power solutions.

Similarly 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.

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.

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

Who is XL Fleet merging with?

XL Fleet Completes Merger with Pivotal Investment Corporation II, a Special Purpose Acquisition Company, Begins Trading on NYSE.

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

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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.

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

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 merge? The transaction, which was approved by Pivotal’s stockholders at its annual meeting held on Dec. 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.

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.

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.

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

Does XL Fleet make money? Gross profit was $0.7 million for the third quarter of 2021, compared to a gross profit of $0.8 million in the third quarter of 2020. Gross margins for the third quarter of 2021 were 22%, compared to gross margins for the third quarter of 2020 of 12%.

Is XL Fleet shorted?

XL Fleet currently has a short interest ratio of 3.0. Learn More on XL Fleet’s short interest ratio.

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.

Was 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.

Is XL Fleet making money? The company did say it generated more than half of total 2021 revenue in its fourth quarter. But that $8 million was still down from the year-ago period. The company ended the year with about $350 million in net cash on its balance sheet, and its market cap was just $255 million going into the report.

 

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