Mon Nov 13 2023 / 1 min read
Nxu Shareholder Letter | Q3 2023
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Thu Oct 19 2023 / 2 min read
A Message from Nxu
Today, Nxu announced a $3 million public offering of common stock. The offering is expected to close on or about Oct. 23, 2023, subject to customary closing conditions. This capital raise positions Nxu to execute against the key milestones we’re working toward in the near future: continued revenue-generation through charging field trials and development of our first public charging site in Quartzs
Read moreThu Aug 10 2023 / 3 min read
A Letter to Shareholders from Mark Hanchett, Founder and CEO of Nxu
Dear Valued Shareholders, I want to take a moment to address some of the concerns that have understandably arisen due to evolving market conditions. Let me assure you that as Founder and CEO of Nxu, I am wholly committed to ensuring that our company not only weathers these challenges but continues to thrive and progress. Nxu remains steadfast. We are guided by an evolving str
Read moreWed Jul 26 2023 / 4 min read
The Need for Energy Storage Solutions is Urgent. Here's Why!
As EV sales continue to skyrocket across the nation, the threat of cities and towns experiencing local energy crises increases too. Our nation’s local electrical utilities in their current state cannot keep up.The main factor causing this issue is EV charging at home. As high-power home charging grows in popularity, many EV owners are installing Level 2 (240-volt) chargers, which charge six times
Read moreSun Jul 23 2023 / 3 min read
Tips for EV Owners Living in Multi-Unit Dwellings
As EV owners install home chargers at an exponential rate, the trend overlooks a growing demographic of people who live in multi-unit dwellings (aka MuDs) who may not have a place to put one. So, what does the future of EV charging look like for EV owners who live in MuDs?Nearly 44 million residences, or 31.4% of housing, in the U.S. today is multi-unit (also referred to as multifamily), which inc
Read moreThu Jul 20 2023 / 1 min read
Watch Our News Segment on Fox 10
Fox 10 visited Nxu’s manufacturing facility in Mesa to talk with our fearless leader Mark Hanchett about the need for a sustainable energy infrastructure and how Nxu is creating the big solutions the EV industry needs to keep moving forward.
Read moreThu Jul 20 2023 / 1 min read
Watch Our NACS Charging Capability Demonstration
And just like that, the NxuOne charger is NACS compatible! In this 90-second video, Victor Atlasman explains why Nxu is committed to integrating the NACS charging cable and connector into our proprietary megawatt-plus charging and energy infrastructure. Watch now!
Read moreFri Jun 23 2023 / 6 min read
The Future of Electronics in Automotive Design
As a driver approaches her luxury SUV, the Apple Car Key feature on her phone unlocks the door with handsfree ease. Sitting in the driver’s seat, she’s greeted by a "no phone present" notification on the dashboard and realizes the personalization of the cabin is her husband’s. Meanwhile, the owner of an EV compiles a list of his vehicle’s electronic glitches: a failed charging connector, fals
Read moreFri Jun 16 2023 / 4 min read
Five Helpful Tips for Better EV Charging
On Saturday, April 22, Nxu hosted an Earth Day open house and free charging event at its headquarters in Mesa, Arizona. Dozens of enthusiastic EV owners lined up to charge their vehicles at Nxu’s groundbreaking megawatt charging station, tour the facilities, and learn more about EV charging.Victor Atlasman, Nxu’s Director of Engineering and Wizard of Charging Stations, brought up a few interesting
Read moreWed Jun 14 2023 / 4 min read
Out with the Old, In with the Nxu: Megawatt+ is the Future of Charging
While I know it’s usually rude to say, “I told you so,” it’s exciting to see the EV charging world evolving as Nxu predicted it would. I’m referring to the adoption of the NACS (North American Charging Standard) by major OEMs like Ford and GM as their preferred solution for EV charging.This is Nxu’s take on what’s happening:RELIABILITY & QUALITYThe North American Charging Standard or NACS was
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