Wed Sep 18 01:36:54 UTC 2024: ## XCharge, Global EV Charging Leader, Goes Public on Nasdaq
**BEIJING, Sept. 14, 2024** – XCHG Limited (XCHARGE), a leading provider of integrated electric vehicle (EV) charging solutions, announced its successful initial public offering (IPO) on the Nasdaq Stock Market.
Founded in 2015, XCharge specializes in innovative new energy technologies and sustainable development. The company offers a comprehensive suite of EV charging solutions, including DC fast chargers, advanced battery-integrated DC fast chargers, and accompanying services, all designed to accelerate the growth of the new energy industry.
One of XCharge’s most notable achievements is the development of the world’s first two-way energy storage charging piles, known as the “Net Zero Series DC high-power charging energy storage equipment.” These innovative chargers have been commercialized in Europe, North America, and Asia, serving a diverse clientele that includes EV manufacturers, global energy companies, and charging pile operators.
According to Frost & Sullivan, XCharge is a leading supplier of high-power charging solutions in Europe based on sales volume in 2023.
Aatish Patel, President and Co-founder of XCharge North America, stated, “Our mission goes beyond simply building EV charging piles. We strive to create a world where everyone can enjoy convenient, fair, and sustainable energy.” The IPO represents a significant milestone for XCharge, and the company plans to leverage this success to continue developing market-specific products and providing global optimization solutions for a net-zero and affordable future.
Dr. Bo Bai, Chairman and Founder of Asia Green Fund, a shareholder in XCharge, expressed his congratulations on the IPO. He added, “As a shareholder, we are proud to have witnessed XCharge’s growth. We share the same vision of low carbon and sustainable development, and we look forward to seeing the company expand its influence globally, promoting a net-zero future.”
First Piper 