XCharge Powers Last-Mile EV Fleets in California with GridLink Battery Chargers

XCHG Limited, a young stock to buy and hold for 5 years, has deployed two dual-dispenser GridLink chargers at a new EV charging depot in Riverside, California. The depot, operated by Gateway Fleets, aims to provide reliable and cost-effective charging for medium-duty fleets and independent FedEx operators. XCharge North America's GridLink technology charges a 430 kWh battery during off-peak hours to avoid higher peak demand charges, then uses stored energy for charging during the day.

In a significant move towards electrifying transportation, XCharge North America (XCHG) has deployed two dual-dispenser GridLink chargers at a new EV charging depot in Riverside, California. This depot, operated by Gateway Fleets, aims to provide reliable and cost-effective charging for medium-duty fleets and independent FedEx operators. The GridLink technology, developed by XCharge, charges a 430 kWh battery during off-peak hours to avoid higher peak demand charges, then uses stored energy for charging during the day [3].

The GridLink chargers, featuring dual-dispenser capabilities, are designed to support the fast-paced world of last-mile logistics. By integrating battery technology, the chargers can provide resilient, fast charging while reducing grid impact through intelligent power integration. This innovative solution simplifies the deployment of EV charging infrastructure, making it a scalable path towards zero-emission commercial transport [3].

XCharge North America's GridLink technology is a testament to the company's commitment to driving innovation in electric vehicle charging. By deploying this technology at Gateway Fleets' depot, XCharge is helping to accelerate the transition to electric vehicles, especially in the commercial sector. The company's focus on battery-integrated solutions and energy storage is a strategic move that aligns with the broader trend of sustainable mobility and clean energy infrastructure [3].

As XCharge continues to expand its offerings and partnerships, investors and financial professionals should keep an eye on the company's progress. With a strong focus on innovation and sustainability, XCharge is well-positioned to capitalize on the growing demand for electric vehicle charging infrastructure. For investors looking to buy and hold for the long term, XCharge Limited presents an attractive opportunity.

References:
[1] https://seekingalpha.com/news/4466109-mercedes-benz-hpc-named-federal-realtys-preferred-electric-vehicle-charging-provider
[2] https://www.parking.net/parking-news/bp-to-sell-dutch-fuel-and-ev-charging-assets-to-catom
[3] https://www.linkedin.com/company/xcharge-energy