XCharge Posts $10.3 Million First-Half Revenue, Guides Full-Year 2026 to $32.9-$38.2 Million

The State Railway of Thailand is not involved. This is a collaboration between National Telecom Public Company Limited, or NT, and MEA Smart Energy Solutions Company Limited, or MEAei, to develop a Smart EV Ecosystem Management project. Suwanna Hansajarupan, Senior Executive Vice President for the Enterprise Business Division at NT, and Patra Suwandech, Director and Acting Managing Director of MEAei, signed the agreement, with Associate Professor Dr. Rangsan Wongsan, Chairman of MEAei, presiding over the ceremony at NT's headquarters on Chaeng Watthana Road. Under this collaboration, NT will put its existing non-telecom space nationwide to strategic use and will support communications networks and digital platforms such as cloud computing, data platforms, charging management systems, cybersecurity, and IoT platforms. The two organizations will develop the project under the name NEXA EV Station Hub, which comprises the concepts N for National Network, NT's nationwide network; E for Energy Ecosystem, MEAei's energy ecosystem; X for Experience and Connection, user connectivity and experience; and A for Access for All, access to services for everyone. The goal is not merely to increase the number of electric vehicle charging stations, but also to cover the development of digital infrastructure and data management systems in order to create an EV ecosystem that links various services in a fully integrated way.

Tesla said it will operate public Megacharging locations at three electric-truck depots being developed by Forum Mobility in California, adding a combined 30 megawatts of charging capacity using Tesla's Megawatt Charging System alongside CCS connectors. The announcement came as Tesla shares climbed about 1% Friday morning, lifted by a broader move into consumer-discretionary stocks that also boosted automakers. General Motors, Ford and Stellantis all gained on Thursday, while the consumer-discretionary ETF rose faster than the broader S&P 500, suggesting the advance was partly tied to sector-wide buying rather than a single Tesla catalyst. Broader market conditions were supportive as well, with oil prices falling about 2% and the 10-year Treasury yield declining, helping ease pressure on equities. Tesla's gain therefore reflects both the new charging-network development and the wider rebound across consumer and automotive stocks.

Xeal launched Laitent, which it calls the world's first edge inference compute network using idle EV charging capacity, tapping more than 200MW of permitted, installed electrical infrastructure across 1,600+ properties. Xeal, a member of NVIDIA Inception, plans to deploy over 100,000 NVIDIA GPUs alongside EV charging infrastructure, and has secured partnerships with Rafay Systems for AI infrastructure orchestration, Spectrum Business for dedicated enterprise-grade fiber, dozens of real estate and property managers, and a Tier 1 inference provider for up to 5MW of compute. The first Laitent Pod will be brought online with partner JVM Realty by the end of 2026. Each Laitent Pod is about the size of one parking space, contains up to 48 NVIDIA Hopper or Blackwell Ultra GPUs, requires no water hookup, and runs quiet at less than 65 decibels, offering sub-20ms latency in metro areas. Xeal said EV charging sites typically operate at less than 10% of permitted capacity, and it taps the remaining 90% for compute, with property owners able to add as much as $1m in property value for little-to-no upfront investment. Looking beyond the initial 200MW of installed charging capacity, Xeal plans to unlock over 1GW of existing headroom across real estate and EV charging deployments.