Nxu Inc

Energy Vault Holdings, Inc. develops sustainable energy storage solutions that are transforming the world's approach to utility-scale energy storage for grid resiliency. The firm's proprietary energy management system software and gravity-based energy storage technology are intended to help utilities, independent power producers, and large industrial energy users to significantly reduce levelized cost of energy while maintaining power reliability. The company is headquartered in Dover, DE.

Earnings data Q2 2023

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Nxu, Inc. is a technology company, which engages in the manufacture of battery cells and battery packs for use in energy storage systems and megawatt charging stations. It focuses on the battery cell and pack technologies, energy storage solutions, charging infrastructure, platform and medium-duty electric mobility solutions, and over-air cloud management encompassed by subscription-based models. The company was founded by Mark Hanchett on November 9, 2016 and is headquartered in Mesa, AZ.

Portfolio includes five issued patents and thirty-seven pending patent applications Portfolio includes five issued patents and thirty-seven pending patent applications

Nxu Issued Vehicle Technology Patent, Showcasing Strength of IP Portfolio

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 Evaluates Strategic Alternatives and Announces Cost Reduction Initiatives

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.

NxuOne™ Expands Subscription Charging Model

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.

Nxu, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

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.

NxuOne™ Charging Elevates Customer Experience with Nxu Mobile App

Innovative Breakthrough Positions Nxu, Inc. as an Industry Pioneer in High-Speed EV Charging Innovative Breakthrough Positions Nxu, Inc. as an Industry Pioneer in High-Speed EV Charging

NxuOne™ Makes History as the First Reported Third-Party Charging System to Harness Tesla Cybertruck's 800V Architecture

Nxu (NASDAQ: NXU ) stock is taking off on Friday as investors celebrate news of the electric vehicle (EV) charging company reaching a new milestone. The big news here is Nxu successfully charging its first Tesla (NASDAQ: TSLA ) Cybertruck.

Why Is Nxu (NXU) stock Stock Up 54% Today?

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.

Nxu Achieves Historical NACS Charging Milestone with Tesla Cybertruck

Nxu and Electric Outdoors create a mutual beneficial collaboration to power the future of EV weekend warriors Nxu and Electric Outdoors create a mutual beneficial collaboration to power the future of EV weekend warriors

Nxu Engages in Strategic Partnership with Electric Outdoors

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 (d)(4)(C) (“Annual Meeting Rule”), as an additional basis for delisting the Company's securities from Nasdaq.

Nxu Fully Regains Compliance with Nasdaq's Continued Listing Requirements

Nxu cures deficiencies in Nasdaq's Bid Price and Equity continued listing rules in advance of April 2024 deadline Nxu cures deficiencies in Nasdaq's Bid Price and Equity continued listing rules in advance of April 2024 deadline

Nxu Receives Bid Price and Equity Compliance Confirmation From Nasdaq

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.

Nxu to Provide EV Charging for Lynx Motors Customers

Nxu generates revenue for second consecutive quarter, debuts production charging unit, regains Nasdaq compliance and pursues critical highway charging locations within NEVI corridors Nxu generates revenue for second consecutive quarter, debuts production charging unit, regains Nasdaq compliance and pursues critical highway charging locations within NEVI corridors

Nxu Provides Business Update Following 2023 Fiscal Year End

California Energy Commission's NEVI Formula Program making up to $40,500,000 in grant funds available California Energy Commission's NEVI Formula Program making up to $40,500,000 in grant funds available

Nxu Submits for NEVI Grant Funding to Enhance its Major Highway Electrification Goals

Patents address Nxu's differentiated EV charging ecosystem technology Patents address Nxu's differentiated EV charging ecosystem technology

Nxu Secures EV Charging Patents, Showcasing Innovation and Leadership in EV Charging Technology

Kramer Junction, Calif. site location under contract within California's NEVI Corridor 7 Kramer Junction, Calif. site location under contract within California's NEVI Corridor 7

Nxu Announces Fourth NxuOne™ NEVI Corridor Location

First commercial NxuOne™ unit completed in Q4 2023, building momentum into 2024 First commercial NxuOne™ unit completed in Q4 2023, building momentum into 2024

Nxu Finishes 2023 by Kicking Off Production of NxuOne™ EV Charging Solutions

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.

Nxu Executes Strategic Partnership and Investment in Lynx Motors

Barstow, Calif. site location under contract within California's NEVI Corridor 7 Barstow, Calif. site location under contract within California's NEVI Corridor 7

Nxu Announces Third NxuOne™ EV Charging Solutions Location Within NEVI Corridor

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.

Nasdaq Grants Nxu's Request for Continued Listing

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.

Nxu Engages in Strategic Partnership and Investment in Lynx Motors

Two NxuOne™ site locations under contract within California's NEVI Corridor 7 Two NxuOne™ site locations under contract within California's NEVI Corridor 7

Nxu Announces Expansion of NxuOne™ EV Charging Solutions Network Along NEVI Corridor

MESA, Ariz., Dec. 05, 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 that it has accepted the resignation of Apoorv Dwivedi, its Chief Financial Officer, who will be pursuing other opportunities.

Nxu Announces CFO Transition

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MESA, Ariz., Nov. 13, 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, today announced financial results for the quarter ended September 30, 2023. Nxu's complete third quarter 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.

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