XL Fleet Corp

F:XLF

XL Fleet Corp. provides vehicle electrification solutions for commercial and municipal fleets. The company is headquartered in Boston, Massachusetts and currently employs 177 full-time employees. The company went IPO on 2019-07-16. The company offers solutions for vehicle electrification (Drive Systems) and infrastructure solutions, such as vehicle charging stations. Its fleet electrification solutions for commercial vehicles provide the market with hybrid and plug-in hybrid solutions with on-board telematics, which are offered for sale and deployment across a range of vehicle chassis from the original equipment manufacturers (OEMs). The Company’s electrified Drive Systems are comprised of an electric motor that is mounted onto the vehicle’s drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy that can be used for propulsion. The company deploys electrified Drive Systems onto the chassis of vans, pickups, shuttle buses, delivery trucks, and other commercial vehicles produced by OEMs such as Ford, GMC, Chevrolet and Isuzu.