XCHG Limited (Nasdaq: XCH), operating as XCharge, regularly issues news about its EV charging and energy solutions business. Company announcements highlight DC fast chargers, battery-integrated DC fast chargers, and projects that combine proprietary charging technology with energy storage system technology to support EV charging efficiency and energy management.
Recent news features XCharge North America (XCharge NA), the company’s North American subsidiary, in partnerships to deploy high-power charging and battery-integrated systems. Examples include GridLink installations at Wildhorse Resort & Casino’s Arrowhead Travel Plaza in Oregon, described as the state’s first solar-plus-storage DC fast-charging station, and C7 Ultra-Fast Charger deployments with Cellerate Power in Vermont. XCharge NA has also announced collaborations to build large battery-backed charging depots and financing programs aimed at making charging equipment more accessible to small businesses.
In Europe and other regions, news releases describe XCharge’s cooperation with EnBW on fast-charging infrastructure testing in Germany, participation in large-scale charging projects in Mexico through C6EU chargers, and a strategic partnership with Electromin to deploy GridLink systems across Saudi Arabia. The company has also announced a dual-headquarters structure in Hamburg, Germany, and Austin, Texas, reflecting its global operating model.
Investors and observers following XCH news can expect updates on technology developments, regional partnerships, large infrastructure deployments, ESG reporting, and the expansion of XCharge’s DC fast-charging and battery-integrated product lines across multiple markets.
XCharge (XCH) reports that EnBW, operator of Germany’s largest fast-charging network, has launched the new XCharge C7 480 kW fast chargers across its nationwide network. Initial deployment includes EnBW’s flagship charging site at its Karlsruhe headquarters and a fast charging hub in Nettetal near the Dutch border. The rollout builds on a long-term partnership agreed in February 2026 following field tests over tens of thousands of charging sessions.
The C7 can deliver up to 480 kW and, depending on vehicle, provide up to 640 km of driving range in about 20 minutes. EnBW plans to equip a further double-digit number of fast charging parks in Germany with XCharge C7 technology by the end of 2026.
XCharge (XCH) reported unaudited results for the six months ended June 30, 2026, showing lower revenue, weaker margins and wider losses.
Revenues fell 17.5% year over year to $10.3 million, as total EV charger deliveries dropped 44.5% to 262 units and gross margin declined to 38.8% from 51.3%. Operating loss widened to $11.2 million and net loss to $11.1 million, with non-GAAP net loss at $10.4 million. Cash and restricted cash totaled $11.4 million at June 30, 2026, down from $13.9 million at year-end 2025.
Management expects performance to improve in the second half and guides full-year 2026 revenue to $32.9–$38.2 million, implying 31%–52% growth. The period saw a multi-year EnBW partnership, launch of the GridOne energy storage system, a new-generation C7 charger, a $4.4 million registered direct offering, an ADS ratio change equivalent to a one-for-20 reverse ADS split, key management changes and confirmation of regained compliance with Nasdaq’s minimum bid price requirement.
XCharge (XCH) has regained compliance with Nasdaq’s minimum bid price requirement for continued listing, as confirmed by a Nasdaq notification dated September 8, 2026.
The company had previously fallen out of compliance on June 24, 2026, after its ADS closing bid price stayed below $1.00 for 30 consecutive business days. Nasdaq granted a 180‑day grace period until December 21, 2026. XCharge then recorded a closing bid price at or above $1.00 per ADS for 10 consecutive business days from August 24 to September 4, 2026. As a result, Nasdaq has determined that XCharge once again meets the minimum bid price rule and has closed the deficiency matter.
XCharge (Nasdaq: XCH) plans to change the ratio of its American depositary shares (ADSs) to Class A ordinary shares from 1 ADS representing 40 shares to 1 ADS representing 800 shares, effectively a one-for-twenty reverse ADS split. The ADSs are expected to continue trading on the Nasdaq Global Market under ticker XCH on a post-reverse-split basis from the open of business on August 21, 2026, with a new CUSIP of 98370X202. The company states that ordinary shares will not be issued or cancelled, and holders of ordinary shares will be unaffected. ADS exchanges will occur automatically, with 20 existing ADSs replaced by 1 new ADS, and fractional ADSs to be sold with net cash proceeds distributed to holders.
XCharge North America (NASDAQ: XCH), the North American subsidiary of XCHG Limited, announced it is providing the charging infrastructure for the Rosenbauer Panther 6x6 Electric, described as the world’s first fully electric Aircraft Rescue and Firefighting vehicle at Dallas Love Field Airport.
The company deployed its ultra-fast C7AM charger, delivering up to 400 kW via liquid-cooled cables to support long-duration, high-speed charging cycles required for frontline emergency operations. The initiative supports Dallas Fire-Rescue’s mission readiness in protecting nearly 18 million DAL passengers annually and reflects DFR’s focus on heavy-duty electric apparatus innovation.
XCharge (Nasdaq: XCH) received a Nasdaq notice dated June 24, 2026, stating its ADSs failed to meet the $1.00 minimum bid price for 30 consecutive business days under Rule 5450(a)(1).
The ADSs remain listed, and XCharge has until December 21, 2026, with a possible extra 180 days, to regain compliance.
XCharge (Nasdaq: XCH) priced a registered direct offering of 7,000,000 ADSs to a single global institutional investor, expected to raise $4.375 million in gross proceeds. Closing is expected on or about June 29, 2026. Net proceeds will fund working capital and general corporate purposes.
XCharge (Nasdaq:XCH) announced its entry into the energy storage market with the launch of GridOne at ees Europe in Munich. GridOne is an all-in-one PV-ESS system combining 125 kW PCS power, 215 kWh LFP battery and optional 50 kW PV MPPT for commercial and industrial sites.
The system targets applications such as peak-load management, EV charging load buffering, PV self-consumption, backup power and grid stabilization, and supports both on-grid and off-grid use, including scalable multi-unit and microgrid deployments.
XCharge (Nasdaq:XCH) unveiled a new generation of its C7 DC fast-charging station at Power2Drive Europe. The upgraded C7 delivers up to 480 kW, targets public and commercial sites, and is designed for scalable, reliable high-traffic operation in the European market.
Key enhancements include multi-layer EMC shielding, adaptive thermal management, integrated cybersecurity with TLS 1.3 and secure OTA updates, and support for OCPP 2.0.1, ISO 15118 Plug & Charge, and VDV 261. EnBW already deploys the C7 and lists XCharge as a supplier.
XCharge (Nasdaq:XCH) appointed Albina Iljasov as Co-Chief Executive Officer, effective June 1, 2026. She will serve alongside existing Co-CEO Yifei Hou.
Iljasov will lead European operations and drive information security and cybersecurity initiatives, supporting XCharge’s global expansion and operational execution.