| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Mobility |
| Total raised | ~$200M |
| Collapse type | Sudden Collapse |
| Founder | Dakota Semler |
Xos Trucks
"The electric delivery truck startup ran out of cash 25 months after its $800M SPAC"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Xos Trucks was founded in 2016 as Thor Trucks in Los Angeles by Dakota Semler and Kingsley Afemikhe to build Class 5-8 medium-duty electric delivery trucks for commercial fleet operators.
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