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  "documentTitle": "XL Fleet (XL)",
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  "authorName": "Muddy Waters Capital",
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  "presentationDate": "2021-03-03 00:00:00",
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      "text": "XL'S PLUG-IN HYBRID ALSO SIGNIFICANTLY UNDERPERFORMS XL'S EFFICIENCY CLAIMS",
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      "text": "XL's underperformance applies not only to its conventional hybrid product, but extends to its newer plug-in hybrid as well.",
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      "text": "\"The [plug-in hybrid] ones they did have out, they claimed a 50% increase in miles per gallon, the most any of them got were 35-40%.... average was 25-35%.\" – Former XL Employee B",
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      "text": "\"Never would you come across 50% on the plug-in... The 50%, it's insane that it's advertised... You might see a decrease in MPG because you're adding 800 pounds of batteries to the back of an F-150 and expecting it to achieve performance.\" – Former XL Employee A",
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      "text": "\"The [plug-in hybrid] ones they did have out, they claimed a 50% increase in miles per gallon, the most any of them got were 35-40%.... average was 25-35%.\" — Former XL Employee B; \"Never would you come across 50% on the plug-in... The 50%, it’s insane that it’s advertised... You might see a decrease in MPG because you’re adding 800 pounds of batteries to the back of an F-150 and expecting it to achieve performance.\" — Former XL Employee A",
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      "text": "Misleading Customers About Mileage Gains and ROI",
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