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XCharge and EnBW Begin Expanded Testing of Fast-Charging Infrastructure
Businesswire· 2025-12-22 12:00
Core Insights - XCharge is collaborating with EnBW to test fast-charging technology in Germany, specifically at the EnBW HyperNet, which is Germany's largest high-power charging network [1][2][3] Group 1: Collaboration and Testing - EnBW has deployed one charger near Stuttgart since August 2025 and has initiated a field test with 11 charging stations across four locations [1] - The collaboration includes two XCharge units at EnBW City in Stuttgart and three other sites: Rutesheim, Karlsruhe (Durlach Center), and Karlsruhe central train station [1] - Initial results from lab and field trials of XCharge's technology have been promising, meeting EnBW's requirements for technology, service, data protection, and software [3] Group 2: Technical Features of XCharge Chargers - The C7 Ultra-Fast Charger from XCharge can deliver up to 400 kW at a maximum of 600 A, significantly reducing charging times [4] - It features dual CCS connectors, a user-friendly touchscreen interface, and a compact design for easier installation and maintenance [4] - The chargers are equipped with optional liquid- or air-cooled cables for flexible operation and have legal-for-billing certification to comply with public network regulations [4] Group 3: EnBW's Market Position - EnBW operates over 8,000 fast-charging points and has become a market leader in e-mobility, providing a full spectrum of services from electricity generation to charging infrastructure [2][6] - The EnBW HyperNet offers access to more than 900,000 charging points across Europe, with a mobile app for convenient payment and location services [7] - EnBW is expanding its charging network in response to demand and operates the largest fast-charging network in Austria through a joint venture [8] Group 4: XCharge Overview - XCharge, founded in 2015, specializes in integrated EV charging and energy solutions, with headquarters in Hamburg and Austin [9] - The company focuses on enhancing EV charging efficiency through proprietary technology and energy storage systems [9] - XCharge Europe GmbH is committed to the European market, with plans for a new test lab in Hamburg and a technical center in Madrid to support e-mobility advancements [10]
ChargePoint Stock Climbs After Mixed Q3 Earnings Report
Benzinga· 2025-12-04 21:31
Core Insights - ChargePoint Holdings, Inc. reported Q3 earnings that exceeded revenue expectations but fell short on adjusted earnings per share [1][2] Financial Performance - Quarterly adjusted losses were $2.23 per share, missing the analyst estimate of $1.31 [1] - Quarterly revenue was $105.67 million, surpassing the consensus estimate of $96.71 million [1] - Subscription revenue grew 15% year-over-year to $42 million [5] - Non-GAAP gross margin remained at a record high of 33% [5] Strategic Developments - The CEO highlighted a return to growth with revenue exceeding expectations [2] - The company successfully completed a debt exchange, reducing debt by $172 million, which is more than 50% [3][5] - Strategic partnerships, particularly with Eaton, are expected to accelerate growth in e-mobility [3] Future Outlook - For the fourth fiscal quarter ending January 31, 2026, ChargePoint anticipates revenue between $100 million and $110 million [3]