Name: XL Hybrids
Headquarters: Boston, MA
Industry: Electric Vehicle Technology
Year of Deal: 2014
XL Hybrids is a developer and supplier of a low-cost hybrid electric vehicle platform for use by large commercial and municipal fleets. XL's sustainable hybrid electric and plug-in hybrid electric powertrain systems deliver cost-effective solutions that enable commercial, transportation, municipal and utility fleets to reduce fuel consumption, lower operating costs and measure performance to meet corporate sustainability goals. XL's electrification technology has been proven to achieve 20% to 50% fuel cost savings, CO2 emissions savings and 99.9%+ fleet uptime on major OEM platforms. WindSail was repaid in July 2016.
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