Tellus Power has introduced the Nexus Megawatt Charging System (MCS), a high-power distributed charging platform aimed at fleet and commercial applications, amid the expanding need for robust electrification infrastructure. Capable of delivering between 600 kW and 1.2 MW of power output, the system supports multiple charging standards, thereby facilitating energy management across large-scale sites. As electrification of transport scales, particularly with autonomous and heavy-duty vehicles, the Nexus MCS offers a solution for efficiently distributing energy across various endpoints. The system will be showcased at the Advanced Clean Transportation Expo in Las Vegas.

Elsewhere in the market, L&F (KOSE:A066970) was a standout up 8.9% and finishing the session at ₩212,500, not far from its 52-week high. At the same time, Rivian Automotive (NasdaqGS:RIVN) softened, down 8.4% to finish the session at $15.02.

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• Tesla (NasdaqGS:TSLA) closed at $390.82 up 2.4%.

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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.

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