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Battery charging solutions provider XCharge receives funds for expansion | Electric Vehicle Charging & Infrastructure
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data-drupal-link-system-path="videos">Videos</a> </li> </ul> </div> </nav> </div> </div> </div> </div> <div class="container my-2"> <div> <div id="block-evci-breadcrumbs" class="block"> <ul id="breadcrumbs"> <li> <a href="/">Home</a> </li> <li> <a href="/news">News</a> </li> </ul> </div> </div> </div> <div class="container mt-4"> <div class="row"> <div class="col-lg-8 col-md-12 col-sm-12 p-0 mb-3"> <div class="container"> <div class="row"> <div> <div id="block-evci-page-title" class="block"> <h1> <span>Battery charging solutions provider XCharge receives funds for expansion</span> </h1> </div> <div id="block-evci-content" class="block"> <article data-history-node-id="1311" about="/news/battery-charging-solutions-provider-xcharge-receives-funds-expansion"> <div class="node-summary my-4 font-xl">XCharge Group, a battery-integrated charging company, has secured a new investment from Shell Ventures. It is the second successive investment from Shell Ventures, following a Series-B funding round in 2021. The amount of the investment was not disclosed.</div> <div class="node-info"> <div class="container p-0 mb-4"> <div class="row"> <div class="col font-sm font-grey node-meta"> <span class="node-author"> By Pete Kennedy</span> <span class="node-date"> September 21, 2023 </span> <span class="node-readtime"> Read time: 2 mins </span> </div> <div class="col text-end font-sm"> <div class="share-links"> <span class="a2a_kit a2a_kit_size_24 addtoany_list" data-a2a-url="https://www.evcandi.com/news/battery-charging-solutions-provider-xcharge-receives-funds-expansion" data-a2a-title="Battery charging solutions provider XCharge receives funds for expansion"><a class="a2a_dd addtoany_share" href="https://www.addtoany.com/share#url=https%3A%2F%2Fwww.evcandi.com%2Fnews%2Fbattery-charging-solutions-provider-xcharge-receives-funds-expansion&title=Battery%20charging%20solutions%20provider%20XCharge%20receives%20funds%20for%20expansion"><img src="/themes/custom/ropl/images/share_arrow.svg" alt="Share"></a><a class="a2a_button_facebook"></a><a class="a2a_button_x"></a><a class="a2a_button_linkedin"></a><a class="a2a_button_email"></a></span> </div> </div> </div> </div> <div class="node-image mdl-cell-12-col"> <img loading="lazy" src="/sites/evci/files/2023-09/XCharge%20North%20America%20Establish%20U.S.%20Manufacturing%20Facility%20in%20San%20Marcos%20Texas.jpg" width="1238" height="790" alt="XCharge's North American subsidiary recently opened its official domestic headquarters in San Marcos, Texas " title="XCharge's North American subsidiary recently opened its official domestic headquarters in San Marcos, Texas" typeof="foaf:Image" /> <div class="image-caption">XCharge's North American subsidiary recently opened its official domestic headquarters in San Marcos, Texas</div> </div> <div> <div><p>“The latest funding round is set to propel XCharge's ambitious expansion plans, reinforcing its position in the competitive EV charging industry,” the company stated.</p><p>The funds will support three key initiatives:</p><p><strong>Global product line expansion</strong><br>XCharge plans to enhance its battery-integrated product line, catering to the increasing demand for fast-charging solutions in the EV market.</p><p><strong>Research and development facility in Hamburg</strong><br>The company will establish a cutting-edge R&D facility at its headquarters in Hamburg, Germany, reinforcing its commitment to technological innovation.</p><p><strong>US manufacturing facility in Texas</strong><br>XCharge has established a new manufacturing facility in San Marcos, Texas, that is focused on producing EV charging solutions designed for the U.S. grid and expected to improve return on investment for customers.</p><p>“We are happy to further expand our presence in North America and achieve our goals of optimizing our products for North American markets,” said Aatish Patel, President and Co-founder of XCharge North America. “In addition to the flexible input levels and bidirectionality of our Net Zero Series, we are working to integrate PV solar power into our next gen systems for greater flexibility and energy distribution capability.”</p><p>Patel continued, “We design our products with all factors in mind, including the ease of installation, power grid stability, and safety. We will continue to focus on sustainable strategy of operations to drive the world’s transition to a low-carbon, clean energy powered future.”</p><p>As part of this expansion, XCharge Group will also establish a dedicated facility in Hamburg for research and development, product testing, and high-power charging technologies. This will involve hiring skilled engineers and product experts to ensure the highest levels of effectiveness, efficiency, and quality in their labs. XCharge has recently launched a new 400 kW high-power charger that allows clients to complete a charging session within 10 minutes.</p><p>Founded in 2015, XCharge Group is said to be a pioneer in battery-integrated charging solutions deployed in over 25 countries globally. With a strong focus on technology and product innovation, XCharge Group's Net Zero Series marks a step toward more sustainable and efficient charging infrastructures.</p><p>The company, which recorded a profit in 2022, has delivered 40,000-plus chargers to business partners worldwide. It plans to double its workforce within the next two years.</p><p>“XCharge Group remains committed to creating a green future by providing innovative and efficient EV charging solutions,” the company stated.</p></div> </div> <div class="node-image mdl-cell-12-col"> </div> <div class="clearfix tags my-4"> <span class="badge badge-lg primary-bg font-light me-1 mb-1"><a href="/battery-tech-developments-impact-charging" hreflang="en">Battery tech developments & impact on charging</a></span> <span class="badge badge-lg primary-bg font-light me-1 mb-1"><a href="/hardware-and-software-dc-chargers" hreflang="en">Hardware and software for DC chargers</a></span> </div> </div> </article> </div> <div class="views-element-container section-wrap mb-4 block" id="block-evci-views-block-solr-index-block-1"> <h2>Related Content</h2> <div><div class="js-view-dom-id-d3764eac0600839ede9f51caf1552a11e9bf0cfa446718efa5012c97cb2abc40"> <div class="views-view-responsive-grid views-view-responsive-grid--horizontal" style="--views-responsive-grid--column-count:2;--views-responsive-grid--cell-min-width:100px;--views-responsive-grid--layout-gap:10px;"> <div class="views-view-responsive-grid__item"> <div class="views-view-responsive-grid__item-inner"><article data-history-node-id="1337" about="/news/xcharge-receives-investment-shell-ventures"> <div class="article-teaser-solr-container my-2"> <div class="d-flex justify-content-between"> <div class="meta"> <div class="col font-sm font-grey"> September 29, 2023 </div> <div class="font-md font-dark bold"> <div> <a href="/news/xcharge-receives-investment-shell-ventures" rel="bookmark"> <span>XCharge receives investment from Shell Ventures</span> </a> </div> </div> </div> <div class="img text-end"> <a href="/news/xcharge-receives-investment-shell-ventures" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/medium/public/2023-09/XCharge%20receives%20investment%20from%20Shell%20Ventures.jpg?itok=kTu8oXhc" width="220" height="165" alt="The battery-integrated Net Zero Series has been deployed at the XCharge North America manufacturing facility in Texas. It provides over 200kW output and can store up to 233kWh of electricity. Photo: XCharge North America" title="The battery-integrated Net Zero Series has been deployed at the XCharge North America manufacturing facility in Texas. It provides over 200kW output and can store up to 233kWh of electricity. Photo: XCharge North America" typeof="foaf:Image" /> </a> </div> </div> </div> </article> </div> </div> <div class="views-view-responsive-grid__item"> <div class="views-view-responsive-grid__item-inner"><article data-history-node-id="2524" about="/news/xcharge-lists-nasdaq"> <div class="article-teaser-container mb-3"> <div class="d-flex justify-content-between"> <div class="meta pe-3"> <div class="font-sm font-grey mb-1">October 1, 2024</div> <div class="font-md font-dark bold"> <h2> <a href="/news/xcharge-lists-nasdaq" rel="bookmark"> <span>XCharge lists on Nasdaq</span> </a> </h2> </div> <div class="font-md"> <div>Rapid EV charging manufacturer XCharge has staged its initial public offering on the Nasdaq stock market index.</div> </div> </div> <div class="img"> <div> <a href="/news/xcharge-lists-nasdaq" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/medium/public/2024-10/XCharge-chargers.jpg?itok=xJt0_ALz" width="220" height="164" alt="XCharge provides EV charging solutions including DC fast chargers and accompanying services" title="XCharge provides EV charging solutions including DC fast chargers and accompanying services" typeof="foaf:Image" /> </a> </div> </div> </div> </div> </article> </div> </div> <div class="views-view-responsive-grid__item"> <div class="views-view-responsive-grid__item-inner"><article data-history-node-id="1191" about="/news/xcharge-north-america-establishes-us-manufacturing-facility-texas"> <div class="article-teaser-solr-container my-2"> <div class="d-flex justify-content-between"> <div class="meta"> <div class="col font-sm font-grey"> August 9, 2023 </div> <div class="font-md font-dark bold"> <div> <a href="/news/xcharge-north-america-establishes-us-manufacturing-facility-texas" rel="bookmark"> <span>XCharge North America establishes US manufacturing facility in Texas</span> </a> </div> </div> </div> <div class="img text-end"> <a href="/news/xcharge-north-america-establishes-us-manufacturing-facility-texas" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/medium/public/2023-08/XCharge%20North%20America%20Establish%20U.S.%20Manufacturing%20Facility%20in%20San%20Marcos%20Texas.jpg?itok=BvNenWTS" width="220" height="140" alt="The new XCharge North America US Facility will focus on innovating EV charging solutions for the US grid. Photo: PRNewsfoto/XCharge North America " title="The new XCharge North America US Facility will focus on innovating EV charging solutions for the US grid. Photo: PRNewsfoto/XCharge North America " typeof="foaf:Image" /> </a> </div> </div> </div> </article> </div> </div> <div class="views-view-responsive-grid__item"> <div class="views-view-responsive-grid__item-inner"><article data-history-node-id="732" about="/news/xcharge-battery-based-charger-become-first-dc-charger-available-dallas-metro-region"> <div class="article-teaser-solr-container my-2"> <div class="d-flex justify-content-between"> <div class="meta"> <div class="col font-sm font-grey"> March 28, 2023 </div> <div class="font-md font-dark bold"> <div> <a href="/news/xcharge-battery-based-charger-become-first-dc-charger-available-dallas-metro-region" rel="bookmark"> <span>XCharge battery-based charger to become first DC charger available in Dallas Metro Region</span> </a> </div> </div> </div> <div class="img text-end"> <a href="/news/xcharge-battery-based-charger-become-first-dc-charger-available-dallas-metro-region" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/medium/public/2023-03/XCharge%20battery-based%20charger%20to%20become%20first%20DC%20charger%20available%20in%20Dallas%20Metro%20Region.jpg?itok=GlHwCB4H" width="220" height="137" alt="There are no existing DC Fast chargers for use in the Dallas metro area, only Level 2. The NZS charger upgrade will provide drivers with approximately 100+ miles of range per 30 minutes of charging versus Level 2 abilities to provide approximately 25 miles of range per one-hour of charging." title="There are no existing DC Fast chargers for use in the Dallas metro area, only Level 2. The NZS charger upgrade will provide drivers with approximately 100+ miles of range per 30 minutes of charging versus Level 2 abilities to provide approximately 25 miles of range per one-hour of charging" typeof="foaf:Image" /> </a> </div> </div> </div> </article> </div> </div> <div class="views-view-responsive-grid__item"> <div class="views-view-responsive-grid__item-inner"><article data-history-node-id="2513" about="/feature/advances-ev-charging-technology-global-investments-are-shaping-ev-revolution"> <div class="article-teaser-solr-container my-2"> <div class="d-flex justify-content-between"> <div class="meta"> <div class="col font-sm font-grey"> September 27, 2024 </div> <div class="font-md font-dark bold"> <div> <a href="/feature/advances-ev-charging-technology-global-investments-are-shaping-ev-revolution" rel="bookmark"> <span>Advances in EV charging technology: Global investments are shaping the EV revolution</span> </a> </div> </div> </div> <div class="img text-end"> <a href="/feature/advances-ev-charging-technology-global-investments-are-shaping-ev-revolution" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/medium/public/2024-09/V2G-c-BiancoBlue-Dreamstime.com_.jpg?itok=kU9ZUJ1y" width="220" height="147" alt="Vehicle-to-Grid (V2G) technology continues to evolve, and there is likely to be a growing emphasis on smart charging stations capable of real-time data analysis and dynamic grid interaction. Image: © BiancoBlue/Dreamstime.com" title="Vehicle-to-Grid (V2G) technology continues to evolve, and there is likely to be a growing emphasis on smart charging stations capable of real-time data analysis and dynamic grid interaction. Image: © BiancoBlue/Dreamstime.com" typeof="foaf:Image" /> </a> </div> </div> </div> </article> </div> </div> <div class="views-view-responsive-grid__item"> <div class="views-view-responsive-grid__item-inner"><article data-history-node-id="1788" about="/news/xcharge-plans-battery-storage-ev-charging-superhub-texas"> <div class="article-teaser-solr-container my-2"> <div class="d-flex justify-content-between"> <div class="meta"> <div class="col font-sm font-grey"> February 13, 2024 </div> <div class="font-md font-dark bold"> <div> <a href="/news/xcharge-plans-battery-storage-ev-charging-superhub-texas" rel="bookmark"> <span>XCharge plans battery storage EV charging superhub in Texas</span> </a> </div> </div> </div> <div class="img text-end"> <a href="/news/xcharge-plans-battery-storage-ev-charging-superhub-texas" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/medium/public/2024-02/XCharge-chargers.jpg?itok=cqiw0l9P" width="220" height="164" alt="XCharge says the new superhub will provide EV drivers with maximum charging outputs ranging from 200kW to 400kW per port. Image: XCharge" title="XCharge says the new superhub will provide EV drivers with maximum charging outputs ranging from 200kW to 400kW per port. Image: XCharge" typeof="foaf:Image" /> </a> </div> </div> </div> </article> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="col-lg-4 col-md-12 col-sm-12"> <div class="container js-sticky-widget"> <div class="row"> <div> <div id="block-evci-dfptagboombox1-2" class="mb-4 text-center block"> <div style="display: none;">boombox1</div> <div id="js-dfp-tag-boombox1" class="dfp-ad ad-label"> <script type="text/javascript"> // User has not opted out googletag.cmd.push(function() { googletag.display('js-dfp-tag-boombox1'); }); </script> </div> </div> <div class="views-element-container rail-block-wrap mb-4 block-editors-choice block" id="block-evci-views-block-editors-choice-block-1-2"> <h2>Editor's Choice</h2> <div><div class="js-view-dom-id-be2353625636e255754128f960e50a083637fae18ed5b4a63d88ae46ef6297a8"> <div class="item-list"> <ol> <li><div class="views-field views-field-title"><span class="field-content"><a href="/news/slow-charge-point-rollout-risks-stalling-us-ev-sales-momentum" hreflang="en">Slow charge point rollout risks stalling US EV sales momentum</a></span></div></li> <li><div class="views-field views-field-title"><span class="field-content"><a href="/news/few-days-remain-register-london-ev-show-and-connect-industry-titans" hreflang="en">A few days remain to register for the London EV Show and connect with industry titans</a></span></div></li> <li><div class="views-field views-field-title"><span class="field-content"><a href="/news/turnongreen-works-goleta-water-district-expand-its-ev-charging-infrastructure-fleet-vehicles" hreflang="en"> TurnOnGreen works with the Goleta Water District to expand Its EV charging infrastructure for fleet vehicles</a></span></div></li> </ol> </div> </div> </div> </div> <div class="views-element-container rail-block-wrap mb-4 block" id="block-evci-views-block-highlighted-content-carousel-block-1-2"> <h2>Highlighted Content</h2> <div><div class="grid2 js-view-dom-id-4a362a140f943b5dbb6eca1f64f7f5a5bf77163c95022ceaba83d4d34fabe85d"> <div> <div id="flexslider-1" class="flexslider optionset-default"> <ul class="slides"> <li> <div class="views-field views-field-nothing"><span class="field-content"><div class="article-container"> <div class="img"> <a href="/feature/advances-ev-charging-technology-global-investments-are-shaping-ev-revolution" hreflang="en"><img loading="lazy" src="/sites/evci/files/styles/large_teaser_hero/public/2024-09/V2G-c-BiancoBlue-Dreamstime.com_.jpg?itok=GmfMeT5j" width="850" height="450" alt="Vehicle-to-Grid (V2G) technology continues to evolve, and there is likely to be a growing emphasis on smart charging stations capable of real-time data analysis and dynamic grid interaction. 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