Wex Management to Meet with Oppenheimer for Strategic Discussion

Wex management is set to meet with Oppenheimer on August 20-21 for a hosted meeting.

Lynkwell, a leading provider of electric vehicle (EV) charging solutions, has announced the integration of WEX payment technology into its comprehensive EV charging software and service platform. This strategic move positions Lynkwell as the only all U.S.-based, vertically-integrated EV charging company offering WEX corporate-grade payment capabilities across its extensive station networks [1].

The integration enables fleets to use the WEX DriverDash mobile app or WEX RFID cards to start a charge at any of the thousands of Lynkwell chargers across the country. This streamlined payment experience minimizes workflow friction and enhances operational efficiency. Additionally, fleet managers gain real-time visibility and control over charging activity through Lynkwell's centralized dashboard, which supports enterprise-level security and oversight [1].

Key highlights of the Lynkwell-WEX integration include configurable billing options, allowing operators to choose from subscription-based charging, per-kWh billing, or dynamic rates. The integration is designed to support fleets of all sizes, providing seamless onboarding of new sites and consistent payment experiences across multiple geographic locations [1].

Lynkwell's platform also offers advanced features such as the XLynk Level 2 Charger, AutoCharge Depot Charging, and Energy Management, which increase efficiency and reduce costs. The platform is certified for interoperability with over 20 hardware manufacturers and supports OpenADR 2.0b for load management and demand response [1].

In addition to the integration with WEX, Lynkwell's growing network of roaming partners includes ChargeHub and Hubject. This partnership ecosystem underscores Lynkwell's commitment to simplifying the electrification of commercial fleets and providing comprehensive solutions for businesses seeking to reduce their total cost of ownership and maintenance responsibilities [1].

The integration with WEX is part of Lynkwell's broader strategy to enhance its offerings and remain competitive in the rapidly evolving EV charging market. As the demand for EV charging solutions continues to grow, Lynkwell's ability to provide secure, scalable, and customizable payment solutions is likely to attract more fleets and operators to its platform.

References:
[1] https://www.marketscreener.com/news/lynkwell-expands-fleet-electrification-suite-of-offerings-with-wex-payment-integration-ce7c51d9dc88f320