Nxu One Megawatt+ Charging System Delivers 1.6MWh and Demonstrates Impressive Utilization Rate During First Weekend of Field Trials
03 Oktober 2023 - 10:01PM
Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic
technology company developing and manufacturing innovative EV
charging and energy storage solutions for the infrastructure we
need to power our electrified future, delivered more than 1.6 MWh
to EV customers in the first weekend of public charging field
trials. On a mission to meet the demand for more powerful,
reliable, convenient charging experiences, Nxu has launched
introductory 20 cents per kWh charging pricing.
Users simply need to create a Nxu One Charging profile with
payment information and visit the charging station at 1828 N.
Higley Road in Mesa, Ariz., to experience the Nxu One Megawatt+
Charging System, available 24 hours a day, 7 days a week. From 6
a.m. to 8 p.m., customers can access the charging lounge, which
features restrooms, air conditioning, Wi-Fi and water and
coffee.
“Our powerful, standard-agnostic charging technology is designed
to meet the diverse needs of EV drivers. I’m happy to say that in
the first few days of public charging, the Nxu One exceeded
expectations,” said Nxu Founder, Chairman and CEO Mark Hanchett.
“We delivered more than 1.6MWh of power and saw a utilization rate
over 20 percent. We’re offering EV drivers a differentiated
experience while they wait and plan to iterate on ways to make it
even better in the future.”
The Nxu One Charging System is the only universal,
dual-technology solution available for public charging. It is
designed to support up to 4.5MW of bi-directional DC power and up
to 50kW of bi-directional AC power. Nxu One adapts to any
vehicle that supports CCS, charging as fast as the vehicle will
allow – whether that’s a Chevy Bolt or an EV semi. A seamless cloud
experience provides charging monitoring and payment solutions on
your mobile device.
Additionally, Nxu charging technology is designed to ensure that
the electrification of high-demand highway routes is reliable and
future-proofed with consistent energy storage and megawatt+
charging capabilities. The company is making progress on its plans
to secure a permanent charging location in Quartzsite, Ariz., a
critical location between Phoenix and Los Angeles, looking toward
possible construction in 2024.
About Nxu, Inc. Nxu, Inc.
is a domestic technology company leveraging its intellectual
property and innovations to support e-Mobility and energy
storage solutions. Driving the energy future, Nxu is
developing an ecosystem of industry-leading grid level energy
storage solutions, charging infrastructure and over-air cloud
management – encompassed by Nxu’s seamless subscription-based
models. For more information, visit www.nxuenergy.com.
Forward-Looking Statements This press
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including,
but not limited to, statements regarding our future areas of focus
and expectations for our business. These forward-looking statements
are based on our current assumptions, expectations and beliefs and
involve substantial risks and uncertainties that may cause results,
performance or achievements to materially differ from those
expressed or implied by these forward-looking statements. Such
forward-looking statements include statements regarding, among
other things, Nxu’s expectations about its long term growth
strategy, future growth trajectory, revenue and operations; Nxu’s
technology and alignment with broader trends in the EV market;
opportunities presented by electrification; beliefs about the
general strength, weakness or health of Nxu’s business; and beliefs
about current or future trends in EV battery materials or other
markets and the impact of these trends on Nxu’s business. A
detailed discussion of these factors and other risks that affect
our business is included in filings we make with the Securities and
Exchange Commission (SEC) from time to time, including our most
recent report on Form 10-K, particularly under the heading “Risk
Factors.” Copies of these filings are available online from
the SEC or on the SEC Filings section of our Investor Relations
website at www.nxuenergy.com. All forward-looking statements in
this press release are based on information currently available to
us, and we assume no obligation to update these forward-looking
statements in light of new information or future events.
CONTACT: Media ContactAmy
O’Harainfo@nxuenergy.com
Investor Contact Nxu,
Inc. Investors@nxuenergy.com
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