XCharge's Level-3 Chargers and Expedited Installation Comprehensively Address Airport Rental Location Challenges XCharge's Level-3 Chargers and Expedited Installation Comprehensively Address Airport Rental Location Challenges
XCharge's Level-3 Chargers and Expedited Installation Comprehensively Address Hertz's Airport Rental Location Challenges XCharge's Level-3 Chargers and Expedited Installation Comprehensively Address Hertz's Airport Rental Location Challenges
HAMBURG, Germany, Dec. 27, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced that its innovative GridLink system has received prestigious certifications in the United States, including UL 1973 and UL 9540A. These certifications represent the benchmarks for safety, efficiency, and grid compliance, reinforcing GridLink's position in the energy storage market.
On Wednesday, ADRs of small electric vehicle charging solutions provider XCHG Limited imploded on massive volume on no apparent news. The trading pattern is similar to other recent micro-IPOs like Primega Group Holdings, U-BX Technology, Ryde Group, and JBDI Holdings. Even after Wednesday's selloff, the company looks overvalued relative to much larger peers.
HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024.
Partnership aims to improve recycling solutions for EVSE supply chain waste KYLE, Texas , Nov. 20, 2024 /PRNewswire/ -- XCharge North America (XCharge NA), a provider of DC fast charging and battery-integrated electric vehicle (EV) solutions, today announces its partnership with Grensol Group (Grensol). The collaboration aims to advance sustainable, electrified travel by addressing the pressing challenge of reducing the end-of-life waste associated with Electric Vehicle Supply Equipment (EVSE) — particularly, EV charging cables and modules.
Initiating coverage on XCHG Limited with a "Buy" rating, citing potential growth in the EV charging market and a 24-36 month investment horizon. XCHG's revenue growth and margin expansion, bolstered by a new manufacturing facility and geographic diversification, support a bullish outlook. The Net Zero Series chargers, featuring advanced battery-integrated technology, are expected to drive significant revenue and margin growth.
XCharge (NASDAQ: XCH), a leading provider of battery-integrated electric vehicle solutions, has launched GridLink, a DC fast charging station tailored for the North American grid.
HAMBURG, Germany, Oct. 11, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced that the underwriter of the Company's initial public offering (the “IPO”) has partially exercised its option (the “Over-Allotment Option”) to purchase an additional 128,888 American Depositary Shares (“ADSs”) of the Company at the initial public offering price of US$6.20 per ADS. Each ADS represents 40 Class A ordinary shares of the Company. Total gross proceeds to the Company from the offering, including funds received from the prior closing and exercise of this option are approximately $21.5 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company.