This Week In Electric Vehicles - Orion Energy Expands Voltrek Division to Southeastern United States

Orion Energy Systems, Inc. has announced the expansion of its Voltrek division to the Southeastern United States in response to ongoing demand for electric vehicle (EV) charging and electrical infrastructure. With a new office in Jacksonville, Florida, this marks the division's third regional presence, complementing existing facilities in Massachusetts and Wisconsin. The expansion is led by William B. Rigsby, who brings a strong track record in EV charging sales growth and market expansion. This move aligns with recent federal initiatives emphasizing state-level decisions on the allocation of $5 billion in public funds for EV charging infrastructure, reflecting Orion's strategy to adapt to evolving market dynamics and customer needs.

In other market news, Sungrow Power Supply (SZSE:300274) was a notable mover up 15.3% and ending trading at CN¥114.90, not far from its 52-week high. On Tuesday, the company opened its largest European training center near Munich to enhance technical expertise in renewable energy projects. At the same time, AVIC Chengdu Aircraft (SZSE:302132) lagged, down 14.3% to close at CN¥90.99.

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Best EV Stocks

• NIO (NYSE:NIO) ended the day at $6.58 up 3.1%. This week, NIO delivered 31,305 vehicles in August, while reporting increased sales and revenue but a net loss for Q2 2025.
• Tesla (NasdaqGS:TSLA) finished trading at $329.36 down 1.4%.
• BYD (SEHK:1211) ended the day at HK$108.00 down 2.5%.

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• Take a closer look at our EV Stocks list of 64 companies, such as General Motors, Chongqing Qianli Technology and Jianshe Industry Group (Yunnan), by clicking here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Orion Announces Voltrek Expansion to Third U.S. Region in Response to Continuing Demand; William B. Rigsby Heads Jacksonville Office" from Orion Energy Systems, Inc. on GlobeNewswire (published 02 September 2025)

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