Nxu Launches Revenue-Generating EV Charging Field Trials in Celebration of National Drive Electric Week
28 Settembre 2023 - 12:30PM
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, has launched its first public
EV charging field trials, in Mesa, Ariz. Located outside the
Company’s manufacturing facility at 1828 N. Higley Road in Mesa, EV
users can charge their vehicles, of any make or model that supports
CCS, 24 hours a day. Sept. 28-Oct. 1, all charges cost just $1.
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.
“Building on our successful megawatt+ charging demonstration in
April, as well as our early compatibility with NACS in July, the
focus on our EV charging product roadmap has concentrated our
vision to make electric mobility viable,” said Nxu Founder,
Chairman and CEO Mark Hanchett. “The reality is that subpar
charging experiences and widely diffused charging locations are
turning consumers off from EVs. We need to make the charging
experience as easy as gassing up a car, and until we put the time
and resources into making that happen, we stand in our own
way.”
Users simply need to create a Nxu One Charging profile with
payment information and visit the charging station in Mesa to have
the reliable, consistent and convenient experience Nxu’s
proprietary charging technology affords. Nxu staff will be onsite
from 6 a.m. to 8 p.m. during opening weekend to assist customers,
as well as to answer practical and technical questions about the
Nxu One Charging System.
Nxu recently announced its plans to secure a permanent charging
location in Quartzsite, Ariz., a critical location between Phoenix
and Los Angeles, working toward ensuring the electrification of
high-demand highway routes is reliable and future-proofed with
consistent energy storage and megawatt+ charging capabilities.
Range anxiety has historically been a common criticism of
electric vehicles, though now EV users are now more commonly citing
charger anxiety, or feeling uncertain about whether they’ll be able
to charge at the next charging station they encounter. Nxu is
aiming to curb this anxiety with consistent, reliable and
convenient charging destinations, utilizing the foundational
technology of its Nxu One Megawatt+ Charging System. From software
to hardware to charging locations, the Nxu ecosystem will eliminate
unreliable service contractors and streamline the customer
experience.
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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