XL Hybrids Revenue, Growth & Competitor Profile

DBA XL
DBA XL FLEET

Company Profile & Annual Report for XL Hybrids

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XL Hybrids Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	3363 Motor Vehicle Parts Manufacturing
Additional NAICS Codes	33632 Vehicular Lighting Equipment Manufacturing 5411 Legal Services
Address	145 Newton St Brighton, MA 02135

Note: Revenues for privately held companies are statistical evaluations.


XL Hybrids's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • XL Hybrids's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • XL Hybrids is classified as operating in the Motor Vehicle Parts Manufacturing industry, NAICS Code 3363.

XL Hybrids Annual Revenue and Growth Rate

XL Hybrids	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: XL Hybrids's revenues are gauged from an analysis of company filings.

XL Hybrids's Income Statement (based on Industry Averages)

XL Hybrids P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

XL Hybrids has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
October 13, 2017	32	79%	$28 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that XL Hybrids is developing and marketing. XL Hybrids doesn't have any recent trademark applications, indicating XL Hybrids is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
XL FLEET Providing a website featuring non-downloadable articles, blogs, and hyperlinks to the websites of others featuring videos in the fields of automotive, vehicle electrification, vehicle connectivity and telematics, commercial vehicles, clean energy, clean technology, transportation, entrepreneurship, financing, and any related research studies	07/09/2021
XL ELECTRIC Vehicle conversion products for converting land vehicles to electric power vehicles, namely, electric powertrain systems for upfitting or retrofitting land vehicles comprised primarily of an electric motor for land vehicles, motor drive, battery pack, and electronic control apparatus for controlling the foregoing powertrain system components, all sold as a component of land vehicles	03/14/2019
XLH Vehicle conversion products for converting land vehicles to hybrid power vehicles, namely, hybrid-electric powertrain systems for upfitting or retrofitting land vehicles comprised primarily of an electric motor for land vehicles, motor drive, battery pack, and electronic control apparatus for controlling the foregoing powertrain system components	01/08/2018

See all trademarks and details in the Full Report.

Market Share of XL Hybrids's Largest Competitors

A competitive analysis shows these companies are in the same general field as XL Hybrids, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
EATON	Cleveland, OH	100
JOHNSON CONTROLS	Milwaukee, WI	31
MANNHUMMEL USA	Portage, MI	21
DANA	Maumee, OH	12
ZF NORTH AMERICA	Northville, MI	12
BORGWARNER	Auburn Hills, MI	11
FLEX N GATE VENTRA GREENWICH	Urbana, IL	11
MAZDA TOYOTA MANUFACTURING U.S.A.	Madison, AL	9
DANA LIMITED	Maumee, OH	9

Nearby Competitors

These companies are similar in business line and location to XL Hybrids. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
XL HYBRIDS	Brighton, MA	100
SPARKCHARGE	Somerville, MA	40
DIRECTED	Boston, MA	38
MH-1	Braintree, MA	1

Future Competition: XL Hybrids's Fastest Growing Competitors

These companies are in the same general field as XL Hybrids and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)