XCharge Europe and XCharge North America subsidiaries of high-power EV charging and battery-integrated solution provider XCHG Limited (NASDAQ: XCH), today announced a strategic collaboration with FAZT Charging to deploy an innovative charging infrastructure for electric vehicles at multiple locations across Mexico. The news comes on the heels of XCharge announcing the establishment of new dual global headquarters located in Hamburg, Germany, and Austin, Texas.

Driven by FAZT, a pioneering technology company in ultra-fast charging backed by FactorEnergia, a Spanish energy company operating in Mexico since 2017, this is one of the most extensive projects in the country. With more than 780 stores nationwide, Soriana offers an ideal platform to bring electric mobility closer to millions of people across high-traffic, everyday destinations.

The initiative will leverage the strategic location of more than 780 Soriana supermarkets in Mexico, beginning with the deployment of the first 30 stations scheduled to be operational by the first quarter of 2026, strengthening the national charging network in its initial phase. More than 80 additional stations will be added by the end of 2026, bringing the total to 440 operational charging points in the first stage. Long-term, the goal is to reach 1,000 operational charging points by 2030, positioning FAZT as the largest ultra-fast charging network in Mexico and potentially resulting in up to a 70% reduction in transportation CO2 emissions.

FAZT selected XCharge as its strategic partner due to the company’s proven expertise in high-power DC fast charging, its integrated hardware-software approach, and its solid global track record. XCharge’s flexibility, responsiveness, and willingness to adapt its solutions to the specific needs of the Mexican market have been key factors in strengthening this collaboration.

Source: businesswire.com