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XCharge’s Level-3 Chargers and Expedited Installation Comprehensively Address Airport Rental Location Challenges

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XCharge (NASDAQ: XCH) has announced a strategic collaboration with a major rental car company to enhance EV charging infrastructure at US airport rental facilities. The company has completed charging station installations at several major East Coast airports and secured additional projects along the eastern seaboard.

The collaboration addresses unique challenges faced by airport rental locations, including footprint and utility grid constraints. XCharge's Level-3 charging stations offer significant advantages over commonly used Level-2 solutions, with their initial airport project demonstrating more than tenfold improvement in charging speed through simultaneous charging technology.

According to Aatish Patel, President of XCharge, the company aims to provide comprehensive solutions beyond hardware, focusing on site design, operational efficiency, and EV charging education. The initiative aligns with XCharge's strategy to expand its presence in high-traffic locations, addressing charging anxiety among EV drivers while broadening its customer base.

XCharge (NASDAQ: XCH) ha annunciato una collaborazione strategica con una grande società di noleggio auto per migliorare l'infrastruttura di ricarica dei veicoli elettrici presso le strutture di noleggio negli aeroporti statunitensi. L'azienda ha completato l'installazione di stazioni di ricarica in diversi importanti aeroporti della costa orientale e ha ottenuto ulteriori progetti lungo la costa est.

La collaborazione affronta le sfide uniche che si presentano presso le sedi di noleggio aeroportuali, inclusi vincoli di spazio e della rete elettrica. Le stazioni di ricarica di livello 3 di XCharge offrono vantaggi significativi rispetto alle soluzioni di livello 2 comunemente utilizzate, con il loro progetto aeroportuale iniziale che dimostra un miglioramento della velocità di ricarica di oltre dieci volte grazie alla tecnologia di ricarica simultanea.

Secondo Aatish Patel, Presidente di XCharge, l'azienda punta a fornire soluzioni complete oltre all'hardware, concentrandosi sulla progettazione del sito, l'efficienza operativa e l'educazione alla ricarica dei veicoli elettrici. L'iniziativa si allinea con la strategia di XCharge di espandere la sua presenza in luoghi ad alto traffico, affrontando l'ansia da ricarica tra i conducenti di veicoli elettrici mentre allarga la sua base di clienti.

XCharge (NASDAQ: XCH) ha anunciado una colaboración estratégica con una importante empresa de alquiler de coches para mejorar la infraestructura de carga de vehículos eléctricos en las instalaciones de alquiler de aeropuertos de EE. UU. La compañía ha completado la instalación de estaciones de carga en varios aeropuertos importantes de la costa este y ha asegurado proyectos adicionales a lo largo de la costa oriental.

La colaboración aborda los desafíos únicos que enfrentan las ubicaciones de alquiler en los aeropuertos, incluidos las limitaciones de espacio y de la red eléctrica. Las estaciones de carga de nivel 3 de XCharge ofrecen decisiones significativas en comparación con las soluciones de nivel 2 comúnmente usadas, con su proyecto inicial en el aeropuerto demostrando más de diez veces de mejora en la velocidad de carga gracias a la tecnología de carga simultánea.

Según Aatish Patel, Presidente de XCharge, la compañía busca proporcionar soluciones integrales más allá del hardware, centrándose en el diseño del sitio, la eficiencia operativa y la educación sobre la carga de vehículos eléctricos. La iniciativa está alineada con la estrategia de XCharge para ampliar su presencia en lugares de alto tráfico, abordando la ansiedad por la carga entre los conductores de vehículos eléctricos mientras amplía su base de clientes.

XCharge (NASDAQ: XCH)는 미국 공항 렌탈 시설의 전기차 충전 인프라를 향상시키기 위해 주요 렌트카 회사와 전략적 협력을 발표했습니다. 이 회사는 여러 주요 동부 해안 공항에 충전소 설치를 완료하고 동부 해안에 추가 프로젝트를 확보했습니다.

이 협력은 공항 렌탈 장소에서 직면하는 독특한 도전 과제를 다루며, 공간 및 전력망 제약을 포함합니다. XCharge의 수준 3 충전소는 일반적으로 사용되는 수준 2 솔루션에 비해 중요한 이점을 제공하며, 초기 공항 프로젝트에서 동시 충전 기술을 통해 충전 속도가 10배 이상 향상되었음을 보여줍니다.

XCharge의 사장인 Aatish Patel에 따르면, 회사는 하드웨어 이상의 종합 솔루션을 제공하고 현장 디자인, 운영 효율성 및 전기차 충전 교육에 집중하는 것을 목표로 하고 있습니다. 이 이니셔티브는 많은 사람들이 다니는 장소에서의 존재를 확대하려는 XCharge의 전략과 일치하며, 전기차 운전자의 충전 불안 해소와 고객 기반 확대를 목표로 하고 있습니다.

XCharge (NASDAQ: XCH) a annoncé une collaboration stratégique avec une grande entreprise de location de voitures pour améliorer l'infrastructure de recharge des véhicules électriques dans les agences de location d'aéroports américains. L'entreprise a achevé l'installation de stations de recharge dans plusieurs aéroports majeurs sur la côte est et a sécurisé des projets supplémentaires le long de la côte est.

Cette collaboration répond à des défis uniques rencontrés par les agences de location dans les aéroports, y compris des contraintes d'espace et de réseau électrique. Les stations de recharge de niveau 3 de XCharge offrent des avantages significatifs par rapport aux solutions de niveau 2 couramment utilisées, avec leur projet aéroportuaire initial montrant une amélioration de la vitesse de charge de plus de dix fois grâce à la technologie de recharge simultanée.

Selon Aatish Patel, président de XCharge, l'entreprise vise à fournir des solutions complètes au-delà du matériel, en se concentrant sur la conception du site, l'efficacité opérationnelle et l'éducation à la recharge des véhicules électriques. L'initiative est en accord avec la stratégie de XCharge d'étendre sa présence dans des lieux à fort trafic, en répondant à l'anxiété de recharge des conducteurs de véhicules électriques tout en élargissant sa base de clients.

XCharge (NASDAQ: XCH) hat eine strategische Zusammenarbeit mit einem großen Mietwagenunternehmen angekündigt, um die EV-Ladeinfrastruktur an Mietstandorten in US-Flughäfen zu verbessern. Das Unternehmen hat die Installation von Ladestationen an mehreren großen Flughäfen an der Ostküste abgeschlossen und zusätzliche Projekte entlang der Ostküste gesichert.

Die Zusammenarbeit richtet sich an die einzigartigen Herausforderungen der Mietstandorte am Flughafen, einschließlich Platz- und Versorgungsnetzbeschränkungen. XCharges Level-3-Ladestationen bieten erhebliche Vorteile gegenüber den häufig verwendeten Level-2-Lösungen, wobei das ursprüngliche Flughafenprojekt eine mehr als zehnfache Verbesserung der Ladegeschwindigkeit durch die gleichzeitige Lade-Technologie zeigt.

Laut Aatish Patel, Präsident von XCharge, zielt das Unternehmen darauf ab, umfassende Lösungen über Hardware hinaus anzubieten, wobei der Fokus auf Standortgestaltung, Betriebseffizienz und EV-Ladebildung liegt. Die Initiative steht im Einklang mit XCharges Strategie, seine Präsenz an stark frequentierten Standorten auszubauen, das Lade-Engpassgefühl bei EV-Fahrern anzugehen und gleichzeitig die Kundenbasis zu erweitern.

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XCharge’s Level-3 Chargers and Expedited Installation Comprehensively Address Airport Rental Location Challenges

HAMBURG, Germany, Jan. 24, 2025 (GLOBE NEWSWIRE) -- In a release issued on January 21, 2025 by XCHG Limited (NASDAQ: XCHG), please note that an incorrect version of the release was distributed. The corrected release follows:

XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced a collaboration with a leader in the rental car space to upgrade its EV charging offerings at US airport rental facilities. XCharge has completed charging station construction at the rental company's sites in several major East Coast airports and has secured a pipeline of future projects at the rental company's additional airport locations along the eastern seaboard.

XCharge’s high-speed chargers and efficient installation process have rapidly strengthened the rental company's airport charging infrastructure, helping it meet its service standards and goals for expanding its EV rental fleet. Given their relatively small footprint and utility grid constraints, U.S. airport rental car locations face unique challenges in EV adoption. XCharge’s comprehensive solutions are designed to work within these boundaries, offering fast, simple installation without the need for intensive site upgrades, maximizing efficiency and reducing the complexity of construction.

Furthermore, XCharge’s Level-3 charging stations empower shorter charging cycles compared with the Level-2 solutions commonly used in existing airport locations, resolving rental car service bottlenecks and enhancing customer satisfaction. At the Company’s initial airport project for the rental company, XCharge’s simultaneous charging technology significantly reduced the average charging time, improving charging speed by more than tenfold.      

Aatish Patel, President of XCharge, said, “We’re thrilled by the positive outcomes of this collaboration. The results underscore our commitment to being more than just a hardware supplier – we want to resolve our partners’ most pressing concerns as efficiently as possible, whether that is site design, operational efficiency, or even EV charging education. By focusing on the broader needs of those we work with, we have created turnkey solutions that address key challenges effectively. We look forward to expanding this cooperation and bringing our high-quality charging services to more customers nationwide.”

With charging anxiety remaining a top concern for EV drivers, especially first-timers, XCharge will continue to strategically elevate its presence in locations with substantial organic consumer traffic to introduce its convenient, high-speed charging services to a broader audience.

About XCharge

XCharge (NASDAQ: XCH), founded in 2015, is a global leader in integrated EV charging solutions. The company offers comprehensive EV charging solutions, which primarily include DC fast chargers and advanced battery-integrated DC fast chargers as well as their accompanying services. Through the combination of XCharge’s proprietary charging technology, energy storage system technology and accompanying services, the Company enhances EV charging efficiency and unlocks the value of energy storage and management. Committed to providing innovative and efficient EV charging solutions, XCharge is actively working toward establishing a global green future that is critical to long-term growth and development.

Safe harbor statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and the company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

XCharge

IR Department

Email: ir@xcharge.com

Piacente Financial Communications

Brandi Piacente

Tel: +1-212-481-2050

Jenny Cai

Tel: +86 (10) 6508-0677

Email: XCharge@tpg-ir.com


FAQ

What improvements has XCH's Level-3 charging technology brought to airport rental locations?

XCH's Level-3 charging technology has improved charging speed by more than tenfold compared to existing Level-2 solutions, reducing service bottlenecks and enhancing customer satisfaction at airport rental locations.

Where is XCH implementing its new charging stations in January 2024?

XCH has completed charging station installations at several major East Coast airports and has secured a pipeline of future projects along the eastern seaboard.

How does XCH address utility grid constraints at airport rental locations?

XCH offers fast, simple installation solutions that work within existing utility grid constraints, requiring minimal site upgrades and reducing construction complexity.

What is XCH's strategy for expanding its EV charging network?

XCH is strategically focusing on locations with high organic consumer traffic to introduce its high-speed charging services to a broader audience and address charging anxiety among EV drivers.

How does XCH's charging solution benefit rental car companies?

XCH's solution helps rental companies meet their service standards and EV fleet expansion goals through faster charging times, efficient installation, and comprehensive operational support.

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