Annual Awards Program Recognizes Innovation in Automotive and Transportation Technologies Around the Globe

XCharge North America (“XCharge NA”), the North American subsidiary of XCHG Limited (Nasdaq: XCH) (“XCharge”) and a provider of high-power EV charging and battery-integrated solutions designed to strengthen the North American electrical grid, today announced that GridLink has been selected as “Battery Charging Technology Solution of the Year” in the sixth annual AutoTech Breakthrough Awards program conducted by AutoTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global automotive and transportation technology markets.

XCharge NA’s GridLink is a battery-integrated DC fast charging solution that fundamentally rethinks EV charging on the continent. By acting as both a high-power charger and a distributed energy resource, GridLink helps utilities avoid overloads and outages by storing cleaner, cheaper power during off-peak hours and returning it to the grid when demand spikes. Its advanced design, including a powerful 10A active balancer and triple liquid-cooled plates, enhances battery performance and longevity, while a multi-sensor warning system and Level 2 fire protection ensure the highest safety standards in compliance with UL 9540A.

GridLink’s groundbreaking technology directly addresses a critical barrier to EV adoption: the high cost and grid instability of conventional fast chargers, particularly in rural and remote regions. With onboard battery storage and bidirectional energy flow, GridLink delivers ultra-fast charging up to 300kW, even where the grid is unstable. Already deployed in over 50 locations across North America—from municipal fleets to remote travel plazas—GridLink units delivered over 1.1 gigawatt-hours of energy in 2024, preventing nearly 3 million pounds of CO2 emissions and proving how integrated infrastructure can build a more resilient energy future. It is also among the first solar-plus-storage DC fast chargers in the nation, meaning it seamlessly integrates with solar arrays, supporting up to 60kW of solar input.

“In a time of growing energy demands and grid vulnerabilities, we are honored to be recognized for providing a solution that is not just about charging speed, but about increasing resilience, sustainability, and grid support,” said Aatish Patel, co-founder and president of XCharge NA.

The mission of the annual AutoTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of automotive and transportation technology categories, including Autonomous Driving, Artificial Intelligence, Electric Vehicles, Engine Tech, Automotive Cybersecurity, Telematics, Sensor Technology, Fleet Management, Traffic Tech, and many more. This year’s program attracted thousands of nominations from over 15 different countries throughout the world.

“Beyond its powerful charging capabilities, GridLink helps offset grid demand and enhance resilience and flexibility, bolstering its location’s existing energy infrastructure. EV infrastructure has, for too long, been reserved for high-tech, urban areas when it should be everywhere. However, the relatively unstable energy grid in many areas can’t keep up,” said Bryan Vaughn, managing director, AutoTech Breakthrough. “GridLink solves this problem with its massive onboard battery storage and bidirectional energy flow, enabling ultra-fast charging even in places where the grid is unstable. Built for resilience, speed, and sustainability, GridLink fundamentally rethinks what EV charging can be, and we’re thrilled to award XCharge with ‘Battery Charging Technology Solution of the Year!’”

For more information on GridLink by XCharge, visit: xcharge.us/product/gridlink

About XCharge NA

XCharge NA specializes in high-power EV charging and battery-integrated solutions tailored to the North American electrical grid. With solutions that store energy, improve grid resilience, and create new revenue streams, XCharge NA provides scalable open-access EV charging solutions designed to strengthen the country’s electrical grid and broader energy infrastructure.

About XCharge

XCharge (NASDAQ: XCH), founded in 2015, is a global leader in integrated EV charging solutions. XCharge offers comprehensive EV charging solutions, which primarily include the DC fast chargers and the advanced battery-integrated DC fast chargers as well as its accompanying services. Through a combination of proprietary charging technology, energy storage system technology and accompanying services, XCharge 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 toward establishing a global green future critical to XCharge’s long-term growth and development.

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. Further information regarding these and other risks, uncertainties or factors is included in XCharge’s filings with the United States Securities and Exchange Commission.

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.

About AutoTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AutoTech Breakthrough Awards program is devoted to honoring excellence in automotive technologies, services, companies and products. The AutoTech Breakthrough Awards program provides a forum for public recognition around the achievements of AutoTech companies and solutions in categories including Connected Car, Electric Vehicles, Engine Tech, Automotive CyberSecurity, Sensor Technology, Traffic Tech, Vehicle Telematics and more. For more information visit AutoTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in its recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

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