XLR8 America Invests $20.7 Million to Expand EV Charging with DG Matrix

XLR8 America (XLR8) proudly announces a $20.7 million purchase order in a strategic alliance with DG Matrix to meet the growing demand of its expanding customer base. This investment highlights XLR8’s dedication to promoting DG Matrix’s advanced Level 3 EV charging solutions, designed to enhance load balancing for high-demand energy needs.

A Greener Future Begins

Starting in 2025, XLR8 and DG Matrix will work together to deploy DG Matrix’s innovative technology across the U.S. With a team of over 120 engineers, DG Matrix is set to unveil its groundbreaking product in Q1 2025, poised to revolutionize the micro-grid and charging sectors.

Frank O’Connor, CEO of XLR8 America, expressed enthusiasm about the partnership: “The $20.7 million purchase order and our alliance with DG Matrix signify more than a business transaction; they represent our shared commitment to transforming the microgrid and EV charging industry.”

XLR8’s skilled team will collaborate with clients to customize business models and financing options tailored to their specific needs. This initial $20.7 million order is expected to lead to a sales pipeline exceeding $1 billion, as identified by DG Matrix’s marketing team.

Haroon Inam, CEO of DG Matrix, emphasized the significance of the partnership: “This MOU reflects the strength of our collaboration and the impact we aim to make in the industry. Together, we’re set to shape the future of microgrids and EV charging.”

Driving the Future of EV Travel

XLR8 America and DG Matrix are committed to enhancing long-distance electric vehicle travel by offering solutions that are convenient, cost-effective, and environmentally friendly. Their partnership will address all aspects of EV infrastructure—from financing and planning to installation and ongoing support—contributing to a sustainable future.

For more details, please reach out to Frank O’Connor at XLR8 or Haroon Inam at DG Matrix.

XLR8 America provides innovative and reliable EV charging solutions tailored to diverse customer needs. The company supports organizations and property owners in adopting electric vehicle technology through comprehensive services, including design, installation, support, and financing for advanced EV charging equipment. XLR8 is dedicated to delivering top-notch EV charging solutions, ensuring drivers enjoy unparalleled speed and convenience while contributing to a sustainable world.

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