Chanje Partners with BTCPower to Deploy New Fast Charging Solutions for Electric Truck Fleets
Chanje orders over 500 BTCPower dual-port fast charging systems to support large-scale charging infrastructure projects for commercial fleets.
Hong Kong, February 13, 2020 – FDG Electric Vehicles Limited (“FDG”, stock code: 729) announces that Chanje Energy, Inc (“Chanje”), a subsidiary of FDG in the US, and BTCPower, Inc. (“BTCPower”), a California-based electric vehicle charging system manufacturer and the largest supplier of DC fast chargers in North America, enter into a strategic partnership to cooperate in designing a charging system specific to the commercial last mile industry. This industry-first system integrates variable-rate DC fast charging with sequential dual-port overhead charging dispensers. BTCPower is a key partner in Chanje’s technology ecosystem designed to simplify fleets’ transition to electric mobility in order to promote commercial fleets to switch to electric vehicles.
“BTCPower understands commercial operators cannot electrify their truck fleets at scale using existing charging hardware intended for shopping mall parking lots,” said Suresh Jayanthi, Vice President of Energy Services at Chanje. “Their vision and flexibility have been invaluable to designing with us a unique system that meets the reliability, functionality, and cost requirements of commercial fleet daily operations.”
“BTCPower is committed to providing applicable charging products for this segment and other similar niche segments of the larger rapidly growing EV market. We were able to draw on our in-house design capability and use an existing design base to rapidly develop this very unique overhead charging system,” said Frank Meza, President BTCPower.
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About FDG Electric Vehicles Limited
FDG Electric Vehicles Limited (“FDG”, stock code: 729.HK) is a pure electric vehicle manufacturer, and FDG Kinetic Limited (“FKL”, stock code: 378) is an indirect non-wholly-owned subsidiary of FDG. FDG aims to become a globally recognised producer of more economical, greener and more energy efficient pure electric vehicles. The Group’s core businesses include ground-up research, design and development, manufacturing and sales of pure electric vehicles, and manufacturing and sales of lithium-ion batteries and cathode materials for lithium-ion batteries. For further information about FDG Electric Vehicles, please visit FDG’s website at fdgev.com.
About Chanje Energy Inc.
Chanje Energy, Inc. (“Chanje”) is a California-based, privately held innovation company delivering ground-up electric trucks and energy infrastructure solutions for the commercial last mile industry. Chanje is made up of a diverse group of automotive experts and clean energy entrepreneurs. Chanje introduced its first vehicle and energy services in 2017. The company will subsequently offer a full range of medium-duty EVs, including trucks, vans, and shuttle buses in a variety of lengths and capacities. For more information, please visit: chanje.com.
BTCPower, Inc. is a US company based in Santa Ana (CA) and a subsidiary of innogy eMobility Solutions GmbH in Germany. Both companies were quick to seize the initiative in developing charging hardware and software and now offer cutting-edge technology for some of the largest charging networks in North America and Europe. As of today, BTCPower and innogy eMobility Solutions have installed 42,000 charging ports at customer sites worldwide.
For Investor and Media Enquiries:
FDG Electric Vehicles Limited
Mr. Wallace Leung - Investor Relations Officer
Tel: (852) 3101 6106