XCHG Limited (XCH)

XCHG Limited is an electric vehicle charging company with roots in Germany and manufacturing and engineering operations in China. It listed its American depositary shares on the Nasdaq in 2024. The company designs and makes fast-charging equipment for electric vehicles.

XCHG's signature products are DC fast chargers with built-in battery energy storage. Because the batteries buffer power, these chargers can deliver high-power charging at sites with limited grid connections, and they can also help with energy management and reduce the need for costly grid upgrades. The company also offers conventional AC and DC chargers, along with software and maintenance services.

Its customers include charge point operators, fleet operators, retailers and fuel station owners in Europe, the United States and other markets.