XCharge’s fast Level-3 chargers and quick installation solve Hertz’s EV charging challenges at airport rental locations.
HAMBURG, Germany, Jan. 21, 2025 — XCHG Limited (“XCharge”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, announced a partnership with Hertz (NASDAQ: HTZ) to upgrade Hertz’s EV charging infrastructure at US airport rental locations. XCharge has completed installations at three major East Coast airports and has additional projects planned along the eastern seaboard.
XCharge’s high-speed chargers and efficient installation process rapidly improved Hertz’s airport charging capabilities, helping Hertz meet its expansion goals for its EV rental fleet. Airport rental car locations present unique EV adoption challenges due to space limitations and grid constraints. XCharge’s solutions were designed to overcome these hurdles, providing fast, easy installation without extensive site modifications, maximizing efficiency and simplifying construction.
Hertz operations at major airports now charge EVs with XCharge’s cutting-edge C6 charging stations
XCharge’s Level-3 charging stations enable significantly faster charging than the Level-2 stations typically found at airports, eliminating rental car service delays and enhancing customer experience. At the initial Hertz project, XCharge’s simultaneous charging technology reduced average charging time by over tenfold.
Aatish Patel, XCharge President, stated, “Our collaboration with Hertz has yielded excellent results. We aim to be more than just a hardware provider; we strive to efficiently address our partners’ key challenges, including site design, operational efficiency, and EV charging education. Our turnkey solutions for Hertz swiftly and effectively resolved issues across their locations. We look forward to expanding our partnership and offering our high-quality charging services to more rental car customers nationwide.”
Addressing range anxiety, particularly for new EV drivers, XCharge will continue expanding into high-traffic locations to provide convenient, high-speed charging to a wider audience.
About XCharge
XCharge (NASDAQ: XCH), founded in 2015, is a global leader in integrated EV charging solutions. The company provides comprehensive solutions, including DC fast chargers, advanced battery-integrated DC fast chargers, and related services. Combining proprietary charging technology, energy storage systems, and services, XCharge improves EV charging efficiency and unlocks the potential of energy storage and management. Dedicated to innovative and efficient EV charging solutions, XCharge works towards creating a global green future essential for long-term growth.
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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