MESA, Ariz., May 22, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, has secured a patent showcasing a novel methodology for capturing and displaying vehicle views. This new issuance rounds out Nxu’s robust patent portfolio, which includes intellectual property across battery, charging, and vehicle technology. “From...
MESA, Ariz., May 10, 2024 (GLOBE NEWSWIRE) -- Nxu Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company focused on energy storage and charging solutions for the infrastructure we need to power our electrified future, announced today an intention to evaluate strategic alternatives. Nxu’s Board of Directors’ Strategic Planning Committee will lead the evaluation, with outside assistance from advisors, and has identified targets for a business combination intended to...
MESA, Ariz., May 01, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu” or “the Company”), a domestic technology company developing and manufacturing innovative electric vehicle (EV) charging and energy storage solutions, has expanded its EV charging subscription service. The company's commitment to delivering cutting-edge EV charging and energy storage solutions is now further manifested through a subscription option for the NxuOne™ EV Charging System, offering convenience and...
MESA, Ariz., April 01, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, today announced financial results for the year ended Dec. 31, 2023. Nxu’s full year 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the Investor Relations page of the Company’s website. “Reflecting on 2023, it...
MESA, Ariz., March 25, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, has developed and released the NxuOne™ mobile app, an innovative mobile application designed to seamlessly integrate with NxuOne™ EV Charging Solutions. The NxuOne™ mobile app is engineered to complement the NxuOne™ EV Charging Systems ecosystem, offering users a...
MESA, Ariz., March 05, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the company”), a domestic technology company specializing in innovative EV charging and energy storage solutions, proudly announces a groundbreaking achievement. The company has successfully harnessed the full power of the Tesla Cybertruck's 800V Architecture, setting an industry precedent. Building on the recent milestone of the successful charging of a Tesla Cybertruck at the NxuOne™ Charging Station,...
MESA, Ariz., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, successfully charged a Tesla Cybertruck (“Cybertruck”) on Feb. 26, 2024; possibly the first-ever successful Cybertruck NACS (North American Charging Standard) charging session performed on a non-Tesla DC fast charging station. One of the first Cybertruck owners in Arizona joined...
MESA, Ariz., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu” or “the Company”), a leading domestic technology firm specializing in innovative EV charging and energy storage solutions for the infrastructure driving our electrified future, has signed a Letter of Intent (LOI) with Electric Outdoors (“EO”), a trailblazer in off-grid EV camping systems. This collaboration marks a significant stride toward revolutionizing the EV road trip experience by seamlessly combining...
MESA, Ariz., Feb. 14, 2024 (GLOBE NEWSWIRE) -- 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, announced that on Feb. 14, 2024, the Nasdaq Stock Market (“Nasdaq”) withdrew its Jan. 9, 2024 letter that cited the Company’s apparent lack of a 2023 annual shareholder meeting, as required by Nasdaq Listing Rule 5815...
MESA, Ariz., Feb. 14, 2024 (GLOBE NEWSWIRE) -- 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, announced that on Feb. 13, 2024, the Nasdaq Stock Market (“Nasdaq”) confirmed that the Company has sufficiently demonstrated compliance with the bid price requirement in Nasdaq Listing Rule 5550(a)(2) (“Bid Price...
MESA, Ariz., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has signed a memorandum of understanding (MOU) with Lynx Motors to negotiate and execute an agreement to create a partnership whereby Lynx will purchase three years of unlimited Nxu EV charging for its Lynx classic vehicle customers. Lynx is...
MESA, Ariz., Feb. 01, 2024 (GLOBE NEWSWIRE) -- 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, achieved several important milestones in Q4 2023, continuing the innovation that advances its vision of making electric mobility viable: Revenue and Product Production : The Company generated quarter-over-quarter revenue...
MESA, Ariz., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has submitted its application for grant funding under the California Energy Commission’s National Electric Vehicle Infrastructure (NEVI) Formula Program. Nxu is pursuing grant funding from the more than $40 million in funds being made...
MESA, Ariz., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has secured a patent showcasing a novel component found on Nxu’s differentiated NxuOne™ EV Charging Solutions. Patent US 11,813,949 B2 protects the design for a locking mechanism in the NxuOne™ charging handle. Nxu was issued a second...
MESA, Ariz., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, is under contract to purchase a parcel of land in Kramer Junction, Calif. Located in California’s NEVI corridor 7, Kramer Junction marks the fourth NxuOne™ EV Charging Systems location in four weeks, showcasing Nxu’s dedication to...
MESA, Ariz., Jan. 02, 2024 (GLOBE NEWSWIRE) -- 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, capped off 2023 with the start of NxuOne™ production, having produced its first commercially available NxuOne™ EV 750kW Charging Solutions unit in December. Compatible with CCS and NACS, the 750kW unit is scalable to...
MESA, Ariz., Dec. 27, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has executed definitive documents to finalize its strategic investment in Lynx Motors. This transaction both memorializes Nxu’s commitment to utilizing strategic partnerships to accelerate its mission to develop superior highway...
MESA, Ariz., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, is under contract to purchase a parcel of land in Barstow, Calif., a key location in California’s NEVI corridor 7. Barstow, situated where Interstate 15 and Interstate 40 intersect, is perfectly located in a major highway corridor, making...
MESA, Ariz., Dec. 18, 2023 (GLOBE NEWSWIRE) -- 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, announced Nasdaq has approved the Company’s request for continued listing, subject to Nxu demonstrating compliance with the listing rules on or before April 7, 2024. Nxu presented its compliance plan on Dec. 14, 2023,...
MESA, Ariz., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Nxu, Inc., (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company creating innovative EV charging and energy storage solutions for the infrastructure we need to power our electrified future, has signed a letter of intent (LOI) outlining a strategic investment in Lynx Motors. As a strategic partner, Nxu intends to assist Lynx in leveraging Nxu’s vehicle and charging technology to more quickly scale its development of...