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At the ACT Expo 2025, Tritium unveiled its TRI-FLEX charging platform, a significant innovation in electric vehicle (EV) infrastructure. TRI-FLEX introduces a next-generation distributed architecture that allows charge point operators to scale efficiently from four to 64 charge points, addressing key infrastructure challenges as the EV market moves towards mainstream adoption. The platform's scalability and design flexibility provide operators with an adaptable solution to meet varying demand and avoid costly infrastructure upgrades. With EV sales increasing globally, TRI-FLEX aims to remove barriers to widespread adoption by integrating seamlessly with current systems and supporting future demands.
Elsewhere in the market, Delta Electronics (Thailand) was a notable mover up 11.4% and finishing the session at THB98.00. At the same time, Volvo Car AB (publ.) lagged, down 9.8% to end trading at SEK16.34, near its 52-week low. The company reported a decrease in first-quarter sales and net income compared to the previous year, five days ago.
Best EV Stocks
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Tesla closed at $292.03 up 2.2%. On Tuesday, a lawsuit was filed against Tesla alleging deceptive marketing of its Full Self-Driving technology.
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Ford Motor settled at $10.15 up 1.3%. On Monday, the board declared a second-quarter regular dividend of 15 cents per share.
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BYD ended the day at HK$370.20 down 0.3%.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.