XCharge and JOJO Partner to Deploy EV Charging Network in Illinois
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 03 2026
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Should l Buy XCH?
Source: Newsfilter
- Strategic Partnership Launched: XCharge North America and JOJO Superfast EV Charging announced a collaboration to establish a high-power EV charging network in Illinois, planning to deploy 800kW of ultra-fast charging capacity across nine locations, significantly enhancing local EV infrastructure.
- Charging Station Deployment: Each charging station will feature four C6 Smart DC Fast Chargers, providing a total of eight charging ports per location, with the first station operational in Crestwood and subsequent sites set to launch in 2026, addressing the growing demand for EV charging.
- Policy Support Driving Success: The project benefits from ComEd's
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Analyst Views on XCH
About XCH
XCHG Ltd is principally engaged in providing integrated electric vehicle (EV) charging solutions. The Company provides comprehensive EV charging solutions, including the DC fast chargers named the C6 series and the C7 series, the advanced battery-integrated DC fast chargers called Net Zero Series (NZS), as well as its accompanying services. Its integrated solutions combining proprietary charging technology, energy storage technology and accompanying services improves EV charging efficiency and energy storage and management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
XCharge North America's GridLink Wins 2026 Environment+Energy Leader Award
- Award-Winning Innovation: XCharge North America's GridLink was recognized as a Judges' Choice Winner in the Business + Infrastructure category at the 2026 Environment+Energy Leader Awards, highlighting its significance in high-power charging solutions, especially in areas where traditional chargers cannot be deployed.
- Significant Energy Savings: Each GridLink unit supports up to 300 kW of DC fast charging, reducing reliance on utility upgrades and potentially lowering required grid capacity by 50-80%, making charging solutions feasible in many locations.
- Positive Environmental Impact: In 2024, GridLink delivered over 1.1 GWh of energy across more than 50 sites in the U.S. and Canada, avoiding approximately 2.91 million pounds of CO₂ emissions, demonstrating sustained utilization in commercial and public charging environments.
- Reduced Operating Costs: By implementing off-peak energy management and demand charge reductions, GridLink lowers operating costs for site hosts by up to 30%, further enhancing its market competitiveness and sustainability potential.
See More
XCharge Files Annual Report for FY 2025
- Annual Report Filing: XCharge submitted its annual report on Form 20-F for the fiscal year ending December 31, 2025, to the SEC on April 27, 2026, reflecting the company's ongoing commitment to compliance and transparency, which is crucial for maintaining investor trust.
- Financial Information Access: The annual report is accessible on both the SEC's website and the company's investor relations site, providing audited consolidated financial statements aimed at giving shareholders and ADS holders a clear view of the company's financial health.
- Shareholder Services: XCharge offers a hard copy of the annual report free of charge to shareholders and ADS holders upon request, enhancing communication and trust between the company and its investors.
- Global Business Overview: As a global supplier of high-performance electric vehicle charging and energy storage solutions, XCharge operates from headquarters in Hamburg and Austin, focusing on driving innovation in the energy sector to help customers achieve long-term success.
See More
XCharge to Participate in Clean Energy Webinar
- Financial Performance Discussion: XCharge's CFO, Joel A. Gallo, will present the company's financial performance during the webinar on April 15, 2026, which is expected to attract investor interest and enhance market confidence.
- Operational Strategy Presentation: COO Aatish Patel will outline the deployment strategy for high-power EV charging infrastructure, aiming to showcase the company's competitive edge in the rapidly growing electric vehicle market.
- Webinar Timing: The webinar is scheduled for April 15, 2026, at 1:00 PM ET, providing a direct interaction opportunity with investors, which could strengthen the company's relationships with potential investors.
- Company Background Overview: Founded in 2015, XCharge focuses on EV charging and energy solutions, leveraging its proprietary technology and services to enhance charging efficiency and promote a global green future, aligning with long-term sustainable development goals.
See More
XCharge Opens First European Plant in Spain
- Global Supply Chain Diversification: XCharge has opened a nearly 3,000 m² assembly plant in Valencia, Spain, aimed at diversifying its global supply chain to accelerate the development of grid-independent charging technology, thereby enhancing operational flexibility and responsiveness in North America.
- High-Power Charging Technology: The new facility will serve as the primary assembly and testing center for XCharge's most advanced hardware, particularly the C7 charger, which delivers up to 400 kW of power, significantly reducing EV charging times to meet the urgent demand in the U.S. market for high-power charging solutions.
- Policy Support and Regional Reindustrialization: The opening ceremony was attended by various officials from the Spanish and local governments, highlighting XCharge's commitment to promoting regional reindustrialization and creating skilled jobs, further solidifying the company's strategic position in the European market.
- Sustainability Vision: Aatish Patel, President of XCharge North America, stated that the new plant represents not only an operational extension but also a manifestation of the company's vision to build a stronger value chain in the energy transition, marking a long-term commitment to the European market.
See More
XCharge and JOJO Partner to Deploy EV Charging Network in Illinois
- Strategic Partnership Launched: XCharge North America and JOJO Superfast EV Charging announced a collaboration to establish a high-power EV charging network in Illinois, planning to deploy 800kW of ultra-fast charging capacity across nine locations, significantly enhancing local EV infrastructure.
- Charging Station Deployment: Each charging station will feature four C6 Smart DC Fast Chargers, providing a total of eight charging ports per location, with the first station operational in Crestwood and subsequent sites set to launch in 2026, addressing the growing demand for EV charging.
- Policy Support Driving Success: The project benefits from ComEd's
See More
EnBW and XCharge Sign Long-Term Partnership Agreement
- Strategic Partnership Agreement: EnBW has signed a long-term framework agreement with charging infrastructure manufacturer XCharge, aimed at enhancing strategic diversification in e-mobility, while also confirming XCharge's successful market entry in Germany.
- High-Performance Charging Station Development: The partners will jointly develop hardware and software for charging stations capable of delivering up to 400 kW, based on over two years of comprehensive testing that has shown excellent performance in more than 20,000 charging processes, thereby enhancing customer charging experiences.
- Supply Chain Diversification: This agreement allows EnBW to broaden its supplier base to address global uncertainties and volatile supply chains, ensuring the long-term quality and resilience of its fast-charging network.
- Future Expansion Plans: EnBW aims to provide up to 20,000 fast-charging points throughout Germany by 2030, further solidifying its position as the largest fast-charging network in Germany while promoting the adoption of e-mobility through its collaboration with XCharge.
See More
XCharge North America's GridLink Wins 2026 Environment+Energy Leader Award
- Award-Winning Innovation: XCharge North America's GridLink was recognized as a Judges' Choice Winner in the Business + Infrastructure category at the 2026 Environment+Energy Leader Awards, highlighting its significance in high-power charging solutions, especially in areas where traditional chargers cannot be deployed.
- Significant Energy Savings: Each GridLink unit supports up to 300 kW of DC fast charging, reducing reliance on utility upgrades and potentially lowering required grid capacity by 50-80%, making charging solutions feasible in many locations.
- Positive Environmental Impact: In 2024, GridLink delivered over 1.1 GWh of energy across more than 50 sites in the U.S. and Canada, avoiding approximately 2.91 million pounds of CO₂ emissions, demonstrating sustained utilization in commercial and public charging environments.
- Reduced Operating Costs: By implementing off-peak energy management and demand charge reductions, GridLink lowers operating costs for site hosts by up to 30%, further enhancing its market competitiveness and sustainability potential.
See More
XCharge Files Annual Report for FY 2025
- Annual Report Filing: XCharge submitted its annual report on Form 20-F for the fiscal year ending December 31, 2025, to the SEC on April 27, 2026, reflecting the company's ongoing commitment to compliance and transparency, which is crucial for maintaining investor trust.
- Financial Information Access: The annual report is accessible on both the SEC's website and the company's investor relations site, providing audited consolidated financial statements aimed at giving shareholders and ADS holders a clear view of the company's financial health.
- Shareholder Services: XCharge offers a hard copy of the annual report free of charge to shareholders and ADS holders upon request, enhancing communication and trust between the company and its investors.
- Global Business Overview: As a global supplier of high-performance electric vehicle charging and energy storage solutions, XCharge operates from headquarters in Hamburg and Austin, focusing on driving innovation in the energy sector to help customers achieve long-term success.
See More
XCharge to Participate in Clean Energy Webinar
- Financial Performance Discussion: XCharge's CFO, Joel A. Gallo, will present the company's financial performance during the webinar on April 15, 2026, which is expected to attract investor interest and enhance market confidence.
- Operational Strategy Presentation: COO Aatish Patel will outline the deployment strategy for high-power EV charging infrastructure, aiming to showcase the company's competitive edge in the rapidly growing electric vehicle market.
- Webinar Timing: The webinar is scheduled for April 15, 2026, at 1:00 PM ET, providing a direct interaction opportunity with investors, which could strengthen the company's relationships with potential investors.
- Company Background Overview: Founded in 2015, XCharge focuses on EV charging and energy solutions, leveraging its proprietary technology and services to enhance charging efficiency and promote a global green future, aligning with long-term sustainable development goals.
See More
XCharge Opens First European Plant in Spain
- Global Supply Chain Diversification: XCharge has opened a nearly 3,000 m² assembly plant in Valencia, Spain, aimed at diversifying its global supply chain to accelerate the development of grid-independent charging technology, thereby enhancing operational flexibility and responsiveness in North America.
- High-Power Charging Technology: The new facility will serve as the primary assembly and testing center for XCharge's most advanced hardware, particularly the C7 charger, which delivers up to 400 kW of power, significantly reducing EV charging times to meet the urgent demand in the U.S. market for high-power charging solutions.
- Policy Support and Regional Reindustrialization: The opening ceremony was attended by various officials from the Spanish and local governments, highlighting XCharge's commitment to promoting regional reindustrialization and creating skilled jobs, further solidifying the company's strategic position in the European market.
- Sustainability Vision: Aatish Patel, President of XCharge North America, stated that the new plant represents not only an operational extension but also a manifestation of the company's vision to build a stronger value chain in the energy transition, marking a long-term commitment to the European market.
See More
XCharge and JOJO Partner to Deploy EV Charging Network in Illinois
- Strategic Partnership Launched: XCharge North America and JOJO Superfast EV Charging announced a collaboration to establish a high-power EV charging network in Illinois, planning to deploy 800kW of ultra-fast charging capacity across nine locations, significantly enhancing local EV infrastructure.
- Charging Station Deployment: Each charging station will feature four C6 Smart DC Fast Chargers, providing a total of eight charging ports per location, with the first station operational in Crestwood and subsequent sites set to launch in 2026, addressing the growing demand for EV charging.
- Policy Support Driving Success: The project benefits from ComEd's
See More
EnBW and XCharge Sign Long-Term Partnership Agreement
- Strategic Partnership Agreement: EnBW has signed a long-term framework agreement with charging infrastructure manufacturer XCharge, aimed at enhancing strategic diversification in e-mobility, while also confirming XCharge's successful market entry in Germany.
- High-Performance Charging Station Development: The partners will jointly develop hardware and software for charging stations capable of delivering up to 400 kW, based on over two years of comprehensive testing that has shown excellent performance in more than 20,000 charging processes, thereby enhancing customer charging experiences.
- Supply Chain Diversification: This agreement allows EnBW to broaden its supplier base to address global uncertainties and volatile supply chains, ensuring the long-term quality and resilience of its fast-charging network.
- Future Expansion Plans: EnBW aims to provide up to 20,000 fast-charging points throughout Germany by 2030, further solidifying its position as the largest fast-charging network in Germany while promoting the adoption of e-mobility through its collaboration with XCharge.
See More
