Benzinga | Dec 7, 2021 02:52PM EST

Xos Inks Strategic Partnership With Georgia-Based Yancey Bros

* Electric mobility company Xos Inc (NASDAQ:XOS) entered a strategic partnership with Yancey Bros. Co. to distribute its vehicles across the state of Georgia. Deal terms were not disclosed.

* Yancey currently operates 29 facilities across the state.

* Yancey will leverage its existing infrastructure and facilities to help drive the adoption of Xos electric trucks.

* Price Action: XOS shares are trading higher by 13.3% at $4.59 on the last check Tuesday.