The company formerly known as Thor Trucks announced on April 24 that it has rebranded itself asXos Trucks. The Los Angeles-based OEM was launched two years ago and lays claim to being “the first electric truck company to show its prototype Class 8 truck, the ET-1, could successfully transport up to 80,000 pounds across 100 miles on a single charge.”

The company said Xos is short for exosphere -- the outermost section of the planet’s atmosphere -- and is representative of its “investment in developing cutting edge technologies and mobility solutions that exceed anything on the present market.”

“We see Xos as the ‘os’ for fleets— the intersection between energy and software,” said Dakota Semler, CEO and co-founder of the company. “That the name is cheeky, playful, and maybe slightly irreverent doesn’t hurt either.”

“Electrification encompasses so much more than just hardware, which gives us ample opportunities to expand in directions we weren’t thinking about in the early days of the company,” said Gio Sordoni, COO and co-founder of Xos. “It’s a super exciting time now as the company continues to evolve and grow, so we couldn’t be happier about this change.”

Xos Trucks also announced it has signed an exclusive agreement with cash-handling firm Loomis Armored under the terms of which it will deliver two Class 6 electric armored cars as part of an EV pilot program. Under the agreement, Loomis will evaluate the Xos trucks for 90 days before placing an order for 100 armored vehicles to be used primarily in California.

Per Xos Trucks, the agreement “underscores Loomis’ commitment to sustainability and Xos’ commitment to helping to electrify fleet vehicles where EV technology can easily integrate into vehicles used for local, predictable routes.”