Enphase Energy announced that its IQ EV Charger 2 already supports the ISO 15118-20 communication standard required by the EU's Alternative Fuels Infrastructure Regulation (AFIR), effective January 1, 2027. This standard enables secure communication between electric vehicles and chargers, allowing features like automatic authentication and bidirectional charging. Since IQ EV Charger 2 has supported this standard from launch, distributors and installers can continue using it without changes to inventory or SKUs, and existing installations require no updates. Enphase plans to provide over-the-air firmware updates to enhance features and vehicle compatibility, ensuring the product remains future-proof and compliant with evolving regulations.
Enphase Energy trades at USD 32.53 on Pluang as of Oct 21, 2026 19:14 WIB, up 0.95% in the last day. The stock's market cap stands at $4.26 billion with a 52-week low of $26.12 and high of $72.33. Despite the positive news on the IQ EV Charger 2, Pluang order activity currently shows 100% sell interest, reflecting cautious investor sentiment.
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