
Xos, a company specializing in battery-electric commercial vehicles and mobile EV charging systems, saw its shares surge over 30% in after-hours trading following its selection as one of 17 finalists to demonstrate its Charger Hub technology to U.S. Air Force leaders. The Charger Hub is a mobile fast-charging system that requires no permanent infrastructure and is already deployed globally. This demonstration could open new defense sector opportunities for Xos, marking a strategic growth point. The company’s stock had been down over 52% in the past year before this rally.