XCHG Ltd

XCHG Ltd offers comprehensive electric vehicle (EV) charging solutions. The company's primary products include DC fast chargers, specifically the C6 series and the C7 series. XCHG Ltd also provides advanced battery-integrated DC fast chargers, which include the Net Zero Series ("NZS") and GridLink, with GridLink designed specifically for the North American grid. These products are accompanied by services. The integrated solution combines proprietary charging technology, energy storage technology, and services to improve EV charging efficiency and leverage energy storage and management. In 2025, XCHG Ltd was a leading high power charger supplier in Europe by sales volume. As of the date of this annual report, the commercial deployment of the NZS solution has begun in Europe and Asia. Customers for NZS solutions include EV manufacturers, global energy players, and charge point operators. The commercial deployment of the GridLink solution has also begun in Europe and the United States. XCHG Ltd views EV charging as an energy management business. The company utilizes its established fast charging technology and in-house proprietary energy storage system ("ESS") technology to develop advanced battery-integrated EV charging solutions like NZS and GridLink. NZS and GridLink chargers integrate DC fast chargers with lithium-ion batteries and a proprietary energy management system. This system stores power when it is generally more available, such as during nighttime, and discharges power when demand is high, such as during daytime.