WattEV opens seventh heavy-duty electric-truck charging depot in Fresno, California

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

WattEV has opened its seventh heavy-duty electric truck charging depot in California, located in Fresno on the Highway 99 corridor. The Fresno depot is the first of four planned sites in Northern California, with depots at the Ports of Oakland and Stockton expected to come online later this year. The facility features seven MCS megawatt chargers enabling charging times of 30 minutes or less, along with 15 single-cord 240kW CCS chargers. PG&E supported the project through its Flex Connect program, providing up to 3.6 megawatts during most hours of the year ahead of traditional timelines. The depot will serve as a key link between the ports of Oakland, Stockton, and inland freight hubs, and will support zero-emission freight hauling using 500-mile-range Tesla Semi trucks.

Impact on stocks 2

Electrification & Mobility▲ · 1 stocks
Tesla Inc
TSLA
▲ PositiveDemandrelevance

The depot supports Tesla Semi trucks, potentially boosting demand for Tesla's electric trucks.

Energy Transition & Power Demand▲ · 1 stocks
PG&E Corp
PCG
▲ PositiveDemandrelevance

PG&E's Flex Connect program provides power to the depot, increasing electricity demand.

Theme Impact 4

Off-coverage companies 1

WattEVPrivate▲ Positive
Technologyrelevance

WattEV opens its seventh heavy-duty electric truck charging depot, expanding its network.

Related news

▲

NT joins hands with MEAei to launch NEXA EV Station Hub project, building a nationwide EV network

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.
Electrification & Mobility ▲Smart City / Autonomous Infrastructure
Kaohoon·8hRead more →

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

XCharge reported first-half 2026 revenues of $10.3 million, down 17.5% from $12.5 million a year earlier, with gross margin falling to 38.8% from 51.3% and net loss widening to $11.1 million from $7.3 million. The Nasdaq-listed EV charging provider delivered 262 chargers in the period, a 44.5% year-over-year decline, but said order volume rose and guided full-year 2026 revenue to $32.9 million to $38.2 million, representing growth of approximately 31% to 52%. Operating loss was $11.2 million versus $7.4 million, and non-GAAP net loss was $10.4 million compared with $4.6 million. Cash and cash equivalents plus restricted cash stood at $11.4 million as of June 30, 2026, down from $13.9 million at the end of 2025. Among recent developments, XCharge launched its GridOne photovoltaic and energy storage system and a new generation of its C7 DC fast-charging station, entered a multi-year framework agreement with German fast-charging network operator EnBW, raised approximately $4.4 million in gross proceeds from a registered direct offering of 7.0 million ADSs, appointed Albina Iljasov as Co-Chief Executive Officer effective June 1, 2026, and regained compliance with Nasdaq's Minimum Bid Price Requirement on September 8, 2026.
EBK.XETRA ▲
Electrification & Mobility
GlobeNewswire·16hRead more →
▲2

Tesla to Operate Megacharging at Three Forum Mobility Truck Depots

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.
TSLA ▲
Electrification & Mobility ▲
GuruFocus·19hRead more →
© 2026 MarketDXNews