XCharge’s GridLink system gains UL certifications, ensuring high safety standards and efficiency for energy storage and grid integration.
Quiver AI Summary
XCHG Limited (XCharge), a leader in EV charging solutions, has announced that its GridLink system has achieved UL 1973 and UL 9540A certifications in the U.S., enhancing its reputation in the energy storage market. These certifications signify high safety, efficiency, and compliance with grid standards, following rigorous testing by Underwriters Laboratories. GridLink features advanced fire safety measures, a DC high-voltage air conditioning system that improves efficiency, and a comprehensive safety monitoring system. Its modular design allows for easy maintenance and long-term reliability. Aatish Patel, President of XCharge, emphasized that these certifications reflect the company's commitment to innovation and safety in energy solutions, positioning GridLink as a significant advancement for sustainable energy infrastructure.
Potential Positives
- XCharge's GridLink system has received prestigious UL certifications, underscoring its commitment to safety, efficiency, and grid compliance in the energy storage market.
- The innovative GridLink system features advanced fire safety measures and exceptional environmental protection, enhancing its reliability and market appeal.
- GridLink introduces a DC high-voltage air conditioning system that improves energy efficiency by 2%, aligning with the growing demand for sustainable energy solutions.
- The modular design of GridLink allows for easy maintenance and a longer lifecycle, further solidifying its competitive edge in the energy storage sector.
Potential Negatives
- The press release emphasizes certifications achieved, which may suggest previous operational deficiencies that needed to be addressed before gaining this recognition.
- The mention of advanced fire safety measures indicates potential past concerns regarding safety, which could raise questions about the reliability of earlier products.
- While highlighting innovative features, the press release may lead to skepticism about whether the actual market performance will meet the stated efficiency improvements and safety guarantees.
FAQ
What are the key features of the GridLink system?
The GridLink system features advanced fire safety measures, a high-voltage air conditioning system, and a modular design for reliability.
What certifications has XCharge's GridLink received?
GridLink has received UL 1973 and UL 9540A certifications, indicating high standards of safety and efficiency in energy storage.
What is the significance of UL certifications?
UL certifications signify rigorous safety and performance standards, ensuring that products meet quality benchmarks recognized globally.
How does the GridLink design enhance safety?
GridLink incorporates a four-dimensional safety monitoring system and dual electrical protection to detect risks and safeguard users.
What is XCharge's vision for the energy market?
XCharge aims to lead the transition to sustainable energy solutions through innovation and advanced technology in EV charging.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
HAMBURG, Germany, Dec. 27, 2024 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced that its innovative GridLink system has received prestigious certifications in the United States, including UL 1973 and UL 9540A. These certifications represent the benchmarks for safety, efficiency, and grid compliance, reinforcing GridLink’s position in the energy storage market.
Underwriters Laboratories (“UL”) certifications are globally recognized symbols of safety and quality, establishing rigorous standards across various industries. Achieving UL certification requires comprehensive testing and evaluation by independent experts to ensure adherence to the stringent safety and performance criteria.
Advanced Fire Safety Measures and Compliance
GridLink’s certification under UL 1973 and UL 9540A underscores its exceptional safety standards. The system incorporates advanced fire safety measures, including built-in fire suppression water tanks in each battery cabinet, to prevent thermal runaway and protect individual battery packs. Additionally, the system’s IP65-rated sealing and UL 9540A certification provide robust protection against environmental factors.
To meet U.S. grid interconnection standards, GridLink’s bidirectional converter complies with UL 1741, ensuring seamless integration with the nation’s energy infrastructure. These certifications collectively highlight the Company’s commitment to delivering safe and reliable solutions for the evolving energy landscape.
DC High-Voltage Air Conditioning: A Breakthrough in Efficiency
GridLink introduces a DC high-voltage air conditioning system that achieves 2% greater efficiency than conventional AC-based systems while adapting to various voltage ranges across the United States. This innovative approach not only reduces energy consumption but also enhances overall system performance, aligning with the growing demand for sustainable and efficient energy solutions.
Comprehensive Safety Monitoring and Dual Electrical Protection
GridLink’s four-dimensional safety monitoring system provides unparalleled oversight, detecting potential risks, including electricity, infrared light, heat, and gases such as hydrogen and carbon dioxide. The system’s dual electrical protection—combining active and passive measures—ensures rapid automatic disconnection of the main circuit under critical conditions, safeguarding both users and infrastructure.
Modular and Flexible Design for Long-Term Reliability
GridLink’s modular design allows for the seamless replacement of individual battery packs, reducing maintenance costs and extending the system’s lifecycle. With UL-certified battery cells, GridLink delivers enhanced safety and reliability, further solidifying its position as a cutting-edge energy storage solution.
"Achieving these certifications is a testament to GridLink's quality and innovation," commented Aatish Patel, President of XCharge. "The rigorous standards required by UL certifications validate our commitment to safety, efficiency, and grid compliance, setting a new benchmark for the industry. GridLink's proprietary technologies and modular design reflect our dedication to pioneering solutions that meet the dynamic needs of the energy market."
GridLink’s certification marks a significant milestone for XCharge’s expansion in the U.S. market. By ensuring superior safety, grid compliance, and operational efficiency, GridLink represents a leap forward in energy storage and grid integration, paving the way for a more sustainable and resilient energy future. As always, XCharge remains committed to leading and fostering growth through innovation and leveraging technology to enhance safety while building a global green future.
About Xcharge
XCharge, founded in 2015, is a global leader in integrated EV charging solutions. The Company offers comprehensive EV charging solutions which primarily include the DC fast chargers, the advanced battery-integrated DC fast chargers, as well as its accompanying services. Through the combination of XCharge’s proprietary charging technology, energy storage system technology, and accompanying services, the Company enhances EV charging efficiency and unlocks the value of energy storage and management. Committed to providing innovative and efficient EV charging solutions, XCharge is actively working towards establishing a global green future that is critical to long-term growth and development.
For more information, please visit:
https://investors.xcharge.com/
Safe harbor statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and the company does not undertake any duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
XCharge
IR Department
Email: ir@xcharge.com
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Jenny Cai
Tel: +86 (10) 6508-0677
Email: XCharge@tpg-ir.com
Media contact: Matthew Burrows, The Hoffman Agency
xcharge@hoffman.com
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