Nxu Pilots Subscription Service, Answering Growing Interest in Megawatt+ Charging
01 Noviembre 2023 - 4:30AM
Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic
technology company developing and manufacturing innovative EV
charging and energy storage solutions for the infrastructure we
need to power our electrified future, is piloting a subscription
service for customers of its Nxu One Megawatt+ Charging System. For
$69 a month, subscribers get unlimited charging at one of the most
powerful public charging stations in the Phoenix metro area.
“Nxu technology enables powerful, standard-agnostic charging,
giving EV users exactly the power they need, when they need it.
Since launching field trials of our Nxu One Megawatt+ Charging
System, customers have been impressed with the power, consistency,
and experience. Early user data pointed us to accelerating the
launch of our subscription pilot with our first subscriber
enrolling last week,” said Nxu Founder, Chairman and CEO Mark
Hanchett. “We’ve long envisioned a future where energy is harnessed
in a way that is abundant and accessible, and subscriptions not
only enhance that vision, but add ease and convenience to the
equation. Electric vehicles are the future and we’ll soon be in an
all-EV world. Nxu estimates the total addressable market (TAM)
opportunity of approximately $230 billion, annually, in the U.S.
Nxu is positioning itself as an emerging leader in the charging
industry as it scales its operations. We look forward to seeing
what the data tells us in this pilot phase and applying what we
learn to continuously improve upon the experience for our
subscribers.”
EV users interested in the Nxu One Megawatt+ Charging system can
charge any time at Nxu’s facility at 1828 N. Higley Road in Mesa,
Ariz. Users simply need to create a Nxu One Charging profile,
populate with payment information, and visit the charging station,
available 24 hours a day, 7 days a week. For a limited time,
charging is just 20 cents per kWh, and those interested in the
subscription pilot can contact Nxu to learn more.
About Nxu, Inc. Nxu, Inc.
is a domestic technology company leveraging its intellectual
property and innovations to support e-Mobility and energy
storage solutions. Driving the energy future, Nxu is
developing an ecosystem of industry-leading grid level energy
storage solutions, charging infrastructure and over-air cloud
management – encompassed by Nxu’s seamless subscription-based
models. For more information, visit www.nxuenergy.com.
Forward-Looking Statements 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’s expectations about its long term growth
strategy, future growth trajectory, revenue and operations; Nxu’s
technology and alignment with broader trends in the EV market;
opportunities presented by electrification; beliefs about the
general strength, weakness or health of Nxu’s business; and beliefs
about current or future trends in EV battery materials or other
markets and the impact of these trends on Nxu’s 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 “Risk
Factors.” Copies of these filings are available online from
the SEC or on the SEC Filings section of our Investor Relations
website at www.nxuenergy.com. 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. TAM
potential is estimated based on the number of vehicles on the road
in the United States as of 2021 (statista.com) and average
subscription price of $69/month.
CONTACT: Media
Contactinfo@nxuenergy.com
Investor
Contact Investors@nxuenergy.com
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