{"id":770457,"date":"2023-07-18T06:34:50","date_gmt":"2023-07-18T10:34:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\/"},"modified":"2023-07-18T06:34:50","modified_gmt":"2023-07-18T10:34:50","slug":"nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\/","title":{"rendered":"Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions"},"content":{"rendered":"<div class=\"mw_release\">\n<p>MESA, Ariz., July  18, 2023  (GLOBE NEWSWIRE) &#8212; Nxu Inc., (NASDAQ: NXU) (\u201cNxu\u201d, \u201cthe Company\u201d), a U.S. technology company manufacturing innovative battery cells and battery packs for advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced its <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=TotKoPwiTpialbD0X9Ze6Am0PkT-Ey5rTm_kMCMU8x1mrvq2TvabC8T85Eg9yqgg6fqi-r2GcVtYAUd2laEJ7MPp0Yfwu3APMizyAXdwRJI=\" rel=\"nofollow noopener\" target=\"_blank\">successful demonstration<\/a> of North American Charging Standard (NACS) capability. Following Nxu\u2019s endorsement of the industry\u2019s move to NACS last month, the Company further demonstrated its commitment to developing standard-agnostic charging solutions by integrating the NACS charging cable and connector into its proprietary megawatt-plus charging and energy infrastructure solutions.<\/p>\n<p>Furthering its mission to accelerate mass market adoption of electric vehicles, Nxu is developing innovative megawatt-plus charging and energy infrastructure solutions. The Company\u2019s standard-agnostic charging solutions will optimize interoperability and offer the maximum amount of power accepted by each vehicle.<\/p>\n<p>\u201cThe current state of the North American charging infrastructure is inadequate to support the widespread adoption of electric vehicles and one of the most pressing issues is to meet the demand for reliable charging solutions,\u201d said Mark Hanchett, founder, chairman, and CEO of Nxu. \u201cAt Nxu, we are seizing this opportunity to further advance electrification across a diverse set of market segments by rapidly implementing the next-generation charging solutions necessary to accelerate the adoption of electric vehicles.\u201d<\/p>\n<p>\n        <strong>About Nxu, Inc.<\/strong>\u00a0<br \/>Nxu, Inc. is a vertically integrated technology company leveraging its intellectual property and\u00a0U.S.-manufactured battery innovations to support e-Mobility and energy storage solutions.\u00a0Driving the energy future, Nxu is developing an ecosystem of industry leading battery cell and\u00a0pack technologies, grid level energy storage solutions, charging infrastructure, platform and\u00a0medium-duty electric mobility solutions, and over-air cloud management \u2013 encompassed by\u00a0Nxu\u2019s seamless subscription-based models. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N6Yf9YkJnrswrpe-Zg18hcI5nvZpv-H2aFI1Ss1HpEaXSBLS6POj3HVpWeCifkx5aRwHmPOsy7X0pzBjd0t88la8aPowagnqZX9vItMAeqU=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.nxuenergy.com<\/u><\/a>.<\/p>\n<p>\n        <strong>Forward-Looking\u00a0Statements<\/strong>\u00a0<br \/>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\u2019s expectations about its long term growth strategy, future growth trajectory, revenue and operations; Nxu\u2019s technology and alignment with broader trends in the EV market; opportunities presented by electrification; beliefs about the general strength, weakness or health of Nxu\u2019s business; and beliefs about current or future trends in EV battery materials or other markets and the impact of these trends on Nxu\u2019s 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 \u201cRisk Factors.\u201d\u00a0Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N6Yf9YkJnrswrpe-Zg18hSxXtTKEKbuhFuVaoMYcWOyvOwzlLP2-eWzcgn6MYAK66bCYuC0gr5Gzyc_OWzJT5OfSCBoINfRuoqgbCKy8udE=\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.nxuenergy.com<\/u><\/a>. 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.\u00a0<\/p>\n<p>\n        <strong>CONTACT:<\/strong>\u00a0<br \/>Mary Trout\u00a0<br \/>Nxu, Inc.\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=l3YEztLuEzunG_-N3ZkibvvQsEVdCAmCVbH2cjzrZFbU7sD4Bu62t5C5xGuu_GTsv3JcN-fEjqPJhKyOdrQBkGWhJfufPKwMAMFpxrMeYAY=\" rel=\"nofollow noopener\" target=\"_blank\">info@nxuenergy.com<\/a><\/p>\n<p>Julie Kegley<br \/>Financial Profiles, Inc<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=URSRijNvTSJK3WSDynYLJwd6NmabdNGNyH_iZdO6sgM0nGlF1ACMbesvmdCKvkVevKMrgS4xa5wO9uqTssMYFjcQYltWk9Qkr5z5hnSnQgk=\" rel=\"nofollow noopener\" target=\"_blank\">Nxu@finprofiles.com<\/a><\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3NTk4OCM1Njk2MjU5IzIyNTA5NDM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTM3ZDU2NDYtYTZlZS00ZGU5LWEyNzAtZmIyOTQ4OWZjMGNkLTEyNjI0OTY=\/tiny\/Nxu-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MESA, Ariz., July 18, 2023 (GLOBE NEWSWIRE) &#8212; Nxu Inc., (NASDAQ: NXU) (\u201cNxu\u201d, \u201cthe Company\u201d), a U.S. technology company manufacturing innovative battery cells and battery packs for advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced its successful demonstration of North American Charging Standard (NACS) capability. Following Nxu\u2019s endorsement of the industry\u2019s move to NACS last month, the Company further demonstrated its commitment to developing standard-agnostic charging solutions by integrating the NACS charging cable and connector into its proprietary megawatt-plus charging and energy infrastructure solutions. Furthering its mission to accelerate mass market adoption of electric vehicles, Nxu is developing innovative megawatt-plus charging and energy infrastructure solutions. The Company\u2019s standard-agnostic charging solutions will optimize interoperability and offer the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-770457","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MESA, Ariz., July 18, 2023 (GLOBE NEWSWIRE) &#8212; Nxu Inc., (NASDAQ: NXU) (\u201cNxu\u201d, \u201cthe Company\u201d), a U.S. technology company manufacturing innovative battery cells and battery packs for advanced energy storage systems, megawatt charging stations, and mobility solutions, today announced its successful demonstration of North American Charging Standard (NACS) capability. Following Nxu\u2019s endorsement of the industry\u2019s move to NACS last month, the Company further demonstrated its commitment to developing standard-agnostic charging solutions by integrating the NACS charging cable and connector into its proprietary megawatt-plus charging and energy infrastructure solutions. Furthering its mission to accelerate mass market adoption of electric vehicles, Nxu is developing innovative megawatt-plus charging and energy infrastructure solutions. The Company\u2019s standard-agnostic charging solutions will optimize interoperability and offer the &hellip; Continue reading &quot;Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-18T10:34:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3NTk4OCM1Njk2MjU5IzIyNTA5NDM=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions\",\"datePublished\":\"2023-07-18T10:34:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\\\/\"},\"wordCount\":561,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg3NTk4OCM1Njk2MjU5IzIyNTA5NDM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nxu-demonstrates-nacs-charging-capability-highlighting-commitment-to-developing-standard-agnostic-charging-solutions\\\/\",\"name\":\"Nxu Demonstrates NACS Charging Capability, Highlighting Commitment to Developing Standard-Agnostic Charging Solutions - 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Following Nxu\u2019s endorsement of the industry\u2019s move to NACS last month, the Company further demonstrated its commitment to developing standard-agnostic charging solutions by integrating the NACS charging cable and connector into its proprietary megawatt-plus charging and energy infrastructure solutions. Furthering its mission to accelerate mass market adoption of electric vehicles, Nxu is developing innovative megawatt-plus charging and energy infrastructure solutions. 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