Xos Vans Partners with DLL to Finance the Changeover for Vans to Totally Electric

LOS ANGELES, Dec. 22, 2020 (World NEWSWIRE) — Xos Vehicles, Inc., a leading manufacturer of entirely electric powered business automobiles, is happy to announce a partnership with DLL to offer funding for electric autos. DLL, a world-wide asset finance partner focused on enabling enterprises to a lot more quickly entry devices to help them developed, is a wholly-owned subsidiary of Rabobank Group with additional than 50 yrs of field practical experience.

The funding partnership among Xos and DLL will further allow the transition from common diesel vehicles to electric powered. “With increased consideration on local climate adjust and the West Coastline coming off its worst year of wildfires in background, transitioning to zero-emission electrical vehicles is much more significant now than ever,” explained Dakota Semler, CEO and co-founder of Xos Vehicles. “We’re supplying the alternative for running and money leases so we can assistance fleets speed up their changeover to absolutely electric vehicles.”

“We are thrilled to lover with Xos Vans to assistance fund in the changeover to completely electric powered automobiles,” explained Michael Hart, DLL Business enterprise Progress Supervisor. “Clean technological know-how and transportation is a really critical element of our portfolio and we are delighted to be performing with a leader in the electric powered car market.”

“Our partnership with a global finance leader enables our buyers to electrify their professional fleets at restricted upfront price tag,” explained Kingsley Afemikhe, CFO of Xos Trucks.

The new funding merchandise will be out there straight away. To study additional, pay a visit to www.xostrucks.com/funding.

About Xos Trucks
Los Angeles-centered Xos Vans is an electric powered mobility firm devoted to producing fleets additional economical. Xos builds condition-of-the-art electric vans and develops slicing-edge technologies and mobility methods that exceed anything at all on the current marketplace. Xos’ very first solution was a totally-electric semi called the ET-Just one. Other new buyers deploying Xos class 6 cars contain UPS and money-in-transit corporation Loomis. For extra facts, please pay a visit to www.xostrucks.com.

About DLL Team
DLL is a world-wide asset finance organization for equipment and technology with a managed portfolio of more than EUR 35 billion. Launched in 1969 and headquartered in Eindhoven, the Netherlands, DLL presents economical methods to the Agriculture, Food stuff, Healthcare, Clear Engineering, Development, Transportation, Industrial, Workplace Devices, and Engineering industries in much more than 30 nations around the world.  DLL partners with products producers, dealers, and distributors, as very well as stop-buyers on a immediate foundation, to permit enterprises to extra effortlessly obtain machines, know-how, and computer software. The firm also delivers insights and tips to associates and clients that generate smarter and more inexpensive strategies of use. DLL brings together consumer emphasis with deep field understanding to provide sustainable alternatives for the comprehensive asset existence cycle, like business finance, retail finance, and utilized products finance. DLL is a wholly-owned subsidiary of Rabobank Group. To understand far more about DLL, visit www.dllgroup.com

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