Announcement • Jan 30
XCHG Limited has filed a Follow-on Equity Offering in the amount of $12.8 million. XCHG Limited has filed a Follow-on Equity Offering in the amount of $12.8 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Transaction Features: At the Market Offering Announcement • Sep 02
XCharge Launches GridLink Across Europe, Powered by Proprietary Battery Technology for Enhanced Safety XCharge North America and XCharge Europe (“XCharge EU”), subsidiaries of high-power EV charging and battery-integrated solution provider XCHG Limited have introduced the latest charging system, GridLink, to the European market at the Intercharge Network Conference (ICNC) in Berlin, Germany. Following a successful launch and real-world deployments in North America, the system has now been fully adapted to meet EU standards, featuring a liquid-cooled thermal management system and advanced fire suppression technology. At the core of GridLink is XCharge’s proprietary 215 kWh lithium iron phosphate (LFP) battery, delivering up to 194 kW of DC charging power while requiring only 44 kW of AC input from the grid—making it ideal for locations with limited grid capacity or where infrastructure upgrades are not economically viable. The battery unit is scalable to 430 kWh and allows the charger to operate independently of the grid during blackouts. A 55-inch integrated screen provides an attractive interface for users and can be used to display dynamic advertisements. Beyond ultra-fast charging and energy storage, GridLink also supports seamless photovoltaic (PV) integration. These integrated features directly tackle industry pain points, such as limited grid capacity, rising solar energy adoption, and the demand for grid-independent operation—while also addressing safety concerns typically associated with high-power charging and energy storage systems. Raising the Bar on EV Charging Safety: GridLink sets a new safety benchmark, combining cutting-edge thermal management with advanced fire suppression systems. Its liquid cooling system provides 2.38 times more heat dissipation surface than standard designs, maintaining a stable 37 °C even under high load or in extreme environments. Each battery pack is equipped with four sensors for early hazard detection, an automated ventilation system that actively disperses flammable gases before they reach critical levels. Uniquely, GridLink integrates the world’s first built-in “fire suppression fluid tank” for pack-level fire suppression, minimizing damage and enabling quick, cost-effective battery pack replacement. Additionally, the system is engineered for easy maintenance, requiring just two technicians for routine servicing. The charger also supports modern communication standards including OCPP 1.6J and 2.0.1 and connects via GSM, LTE or LAN. New Revenue Potential for Solar Site Operators: GridLink channels solar energy directly into DC fast charging, offering a practical way to utilize on-site generation. This method is particularly relevant at locations where feeding electricity back into the grid provides limited financial return. By linking solar sites directly to charging infrastructure, GridLink enables these assets to generate tangible operational and economic benefits. 
