Commercial Vehicle partners with commercial EV manufacturer, Xos

• Commercial Vehicle (CVGI +3.7%) announced a partnership with state-of-the-art commercial electric vehicle manufacturer Xos to develop sustainability initiatives that champion innovation and best-in-class solutions for growing macro-trends in the marketplace.
• CVG's partnership offers Xos full-service design and manufacturing to support a cutting-edge fleet of medium- to heavy-duty, zero-emissions, electric vehicles.
• Commencing in 2020, CVG started executing an entrepreneurial plan to diversify its offerings to compete in an evolving market reflecting trends in e-commerce, last-mile delivery, and electric vehicle innovation.