Tesla Expands Supercharger Network, Addressing Capacity Concerns

Tesla CEO Elon Musk announced the expansion of its Supercharger network, addressing concerns about limited capacity and overcrowding at charging stations. Musk confirmed a $500 million investment towards the expansion, aiming to increase the number of Superchargers across the globe. This comes after recent layoffs within Tesla’s charging team and rumors about the future of the Supercharger network.

FractalEV and AXSO Partner to Offer Cost-Effective EV Charging Solution for Multi-Family Buildings

FractalEV, a Canadian Level 2 EV charger manufacturer, and AXSO, a Hydro-Quebec subsidiary, have announced a partnership that offers a bundled EV charging solution for multi-unit residential buildings. The bundle combines FractalEV’s hardware with AXSO’s Eddie platform, significantly reducing ongoing SaaS fees and providing a cost-effective and scalable solution for building owners.

EV Charging Adoption in Multifamily Properties: 8% of Owners Are Onboard

A new study by Parks Associates reveals that 8% of multifamily property owners have already installed EV chargers in their largest property. The report also shows that nearly one-third of owners plan to implement, upgrade, or replace EV charging stations within the next year. This indicates a growing trend towards EV charging solutions in the multifamily housing sector, driven by increasing demand and the need to differentiate properties.

ChargePoint Misses Q2 Revenue Estimates, Announces Restructuring

ChargePoint Holdings Inc (CHPT) reported lower-than-expected revenue for the second quarter, missing analyst estimates. The EV charging company also announced a reorganization of its operations, including a 15% workforce reduction, aimed at improving efficiency and reducing costs. Despite the revenue miss, ChargePoint expects to reach positive adjusted EBITDA in fiscal year 2026.

Zerova Technologies Showcases Cutting-Edge EV Charging Solutions at ICNC 24 in Berlin

Zerova Technologies, a subsidiary of Phihong Technology, is expanding its international presence and showcasing innovative charging technologies and solutions at the Intercharge Network Conference 24 (ICNC 24) in Berlin. The company is leveraging the event to solidify its foothold in the European market, particularly as the demand for EV charging infrastructure in the region continues to surge.

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