XCHG Limited (NASDAQ: XCH) began mid-week trading on the downslope. The company, an integrated EV charging and energy solutions company, today announced the establishment of new dual global headquarters located in Hamburg, Germany, and Austin, Texas. This decision reflects a deliberate evolution in the Company’s global operating structure and supports its long-term strategy to position itself at the center of the rapidly expanding clean energy economy.
XCharge’s move to a dual-headquarters model, to quote this morning’s news release, “represents a significant milestone in the Company’s evolution: by anchoring itself within two of the world’s most advanced and influential clean-energy markets.
“XCharge is creating a stronger foundation for international growth, improved financial performance, and more resilient global operations.”
With more than 9,000 chargers installed worldwide—including the C6, C7, NZS, and GridLink product lines—XCharge has established a proven global footprint backed by a robust technology roadmap.
The company also holds an extensive intellectual property portfolio, with 26 design patents, 25 utility model patents, and 18 invention patents across Europe, the United States, and Asia.
This new structure positions XCharge to accelerate product development, strengthen its supply chain, and deepen its partnerships with local stakeholders and investors across Europe and the United States.
XCH shares lost eight cents, or 7.3%, to $1.01.
