Xos » SV01

The American startup Thor Trucks, now operating under the Xos brand, has developed a prototype of the SV01 electric armored van for Loomis, a company engaged in the transportation of cash. If the tests are successful, Xos can get an order for 100 of these trucks. Loomis will use vans for 90 days before deciding whether to order a large batch for use in California.

“It seems like a logical choice,” said Sam Abuelsamid, an analyst with Navigant Research. “Armored trucks operate mostly in urban areas. So, they don’t need a huge amount of range. Electricity makes a lot of sense in reducing costs and emissions.”

“Electric vehicles make a lot of sense for cash-in-transit companies,” said Dakota Semler, chief executive of Xos. “They do a lot of idling in city centers as money is loaded in and out of the vehicles.”

UPS has become another company that has already started testing SV01 Class 6 electric vans. They are using vans with range up to 100 miles (160 km).