- Loomis ( OTCPK:LOIMY ) on Wednesday has inked a pact with Xos ( NASDAQ: XOS ) for the delivery of 150 armored electric vehicles for the US market.
- With the ambition to be the leading sustainable business partner in the industry, the transformation of Loomis' vehicle fleet is necessary.
- The order for additional EVs in the US is an important step to reduce the dependency on fossil fuels.
- The ordered vehicles will be delivered gradually during the year and entered into operations from the second half of 2023.
- Additonally, Loomis will continue to invest in electric and hybrid vehicles, as well as switch to lighter and safer vehicles.
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Loomis enters pact with XOS for delivery of 150 EV's in US to reduce its fleet emissions