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ADS-TEC Energy plc (NASDAQ: ADSE) has appointed Alwin Epple, a prominent figure in the automotive industry, to its Board of Directors. With over 30 years of experience at Daimler AG and Mercedes Benz Group, Mr. Epple brings a wealth of expertise to the company. His international career trajectory showcases his ability to navigate complex markets and deliver tangible results. ADS-TEC Energy's appointment of Mr. Epple highlights the company's commitment to driving innovation and sustainable growth.
ADS-TEC Energy plc (NASDAQ: ADSE) ha nominato Alwin Epple, un nome di spicco nell'industria automobilistica, al proprio Consiglio di Amministrazione. Con oltre 30 anni di esperienza presso Daimler AG e il Gruppo Mercedes Benz, il Sig. Epple apporta una vasta competenza all'azienda. La sua carriera internazionale evidenzia la sua capacità di gestire mercati complessi e di ottenere risultati concreti. La nomina del Sig. Epple da parte di ADS-TEC Energy sottolinea l'impegno della società verso l'innovazione e la crescita sostenibile.
ADS-TEC Energy plc (NASDAQ: ADSE) ha designado a Alwin Epple, una figura prominente en la industria automotriz, para su Junta Directiva. Con más de 30 años de experiencia en Daimler AG y el Grupo Mercedes Benz, el Sr. Epple aporta una gran experiencia a la compañía. Su trayectoria internacional demuestra su capacidad para navegar por mercados complejos y lograr resultados tangibles. El nombramiento del Sr. Epple por ADS-TEC Energy destaca el compromiso de la empresa con la innovación y el crecimiento sostenible.
ADS-TEC Energy plc (NASDAQ: ADSE)는 자동차 산업의 저명한 인물인 Alwin Epple을 이사회 멤버로 임명했습니다. 다임러 AG와 메르세데스 벤츠 그룹에서 30년 이상의 경험을 가진 Epple 씨는 회사에 풍부한 전문 지식을 제공합니다. 그의 국제적인 경력 경로는 복잡한 시장을 탐색하고 구체적인 결과를 제공할 수 있는 그의 능력을 보여줍니다. ADS-TEC Energy의 Epple 씨 임명은 회사의 혁신과 지속 가능한 성장에 대한 헌신을 강조합니다.
ADS-TEC Energy plc (NASDAQ: ADSE) a nommé Alwin Epple, figure prominente de l'industrie automobile, à son conseil d'administration. Fort de plus de 30 ans d'expérience chez Daimler AG et Mercedes Benz Group, M. Epple apporte une expertise considérable à l'entreprise. Sa carrière internationale illustre sa capacité à naviguer dans des marchés complexes et à obtenir des résultats tangibles. La nomination de M. Epple par ADS-TEC Energy souligne l'engagement de l'entreprise envers l'innovation et la croissance durable.
ADS-TEC Energy plc (NASDAQ: ADSE) hat Alwin Epple, eine bedeutende Persönlichkeit in der Automobilindustrie, in seinen Vorstand berufen. Mit über 30 Jahren Erfahrung bei Daimler AG und der Mercedes Benz Gruppe bringt Herr Epple umfangreiches Fachwissen in das Unternehmen ein. Seine internationale Karrierelaufbahn zeigt seine Fähigkeit, komplexe Märkte zu navigieren und greifbare Ergebnisse zu liefern. Die Berufung von Herrn Epple unterstreicht das Engagement von ADS-TEC Energy für Innovation und nachhaltiges Wachstum.
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NÜRTINGEN, Germany--(BUSINESS WIRE)--
ADS-TEC Energy plc (“ADS-TEC Energy”, “Company”, “we”, “our” or “us”) (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, is pleased to announce the appointment of Alwin Epple to its Board of Directors. With an illustrious career in the automotive industry spanning over three decades, Mr. Epple brings a wealth of experience and expertise to the company’s leadership team.
New Board Member for ADS-TEC Energy, Alwin Epple (Photo: Business Wire)
Mr. Epple has held prominent positions at Daimler AG and Mercedes Benz Group for the past 20 years. Most recently, he served as Chief Audit Executive at Mercedes-Benz Group. Prior to this, he served as the Head of Project Management for Daimler AG in Stuttgart, where he spearheaded the restructuring of passenger car sales in 18 countries. Mr. Epple's extensive international experience also includes terms as President and CEO of Mercedes-Benz Italia, Executive Board Member of Daimler Financial Services AG, and Managing Director of Mercedes-Benz Financial Services UK LTD.
“We are delighted to welcome Alwin Epple to our Board of Directors. Mr. Epple‘s career trajectory showcases his ability to navigate complex international markets and deliver tangible results across diverse sectors within the automotive industry”, states Prof. Dr. Kurt Lauk, Chairman of ADS-TEC Energy’s Board of Directors. “His appointment to the board of ADS-TEC Energy underscores the company’s commitment to driving innovation and sustainable growth in today’s dynamic business landscape.”
Mr. Epple has served as Chairman of the Advisory Board for AMANN & Söhne GmbH & Co. KG, a worldwide operating manufacturer of industrial sewing threads and embroidery yarns, and as a member of the Board of Management of Hanns A. Pielenz-Stiftung, a non-profit foundation, since 2016.
Mr. Epple holds an economics degree from Eberhard-Karls University Tubingen and has completed executive management training programs at both The Wharton School of the University of Pennsylvania and Harvard University in Cambridge.
“To join the board of ADS-TEC Energy PLC is an honor and very exciting,” said Alwin Epple. “The opportunity to contribute to the transformation of automotive mobility through ultrafast charging and battery storage solutions is motivating.”
About ADS-TEC Energy
ADS-TEC Energy plc, a public limited company incorporated in Ireland and publicly listed on NASDAQ (“ADS-TEC Energy”), serves as a holding company for ads-tec Energy GmbH, our operating company incorporated in Germany (“ADSE GM”) and ads-tec Energy Inc., a US subsidiary of ads-tec Energy GmbH (“ADSE US” and together with ADS-TEC Energy and ADSE GM, “ADSE”). Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and fast charging systems including their energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. It was most recently nominated by the President of the Federal Republic of Germany for the German Future Prize and elevated to the "Circle of Excellence" in 2022. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for automotive, OEMs, utility companies and charge-operators.
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding our financial outlook for 2024, our expectations with respect to future performance and the anticipated timing of certain commercial activities. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: the geopolitical events including the Russian invasion of Ukraine; macroeconomic trends including changes in inflation or interest rates, or other events beyond our control on the overall economy; our business and those of our customers and suppliers, including due to supply chain disruptions and expense increases; our limited operating history as a public company; our dependence on widespread acceptance and adoption of EVs and increased installation of charging stations; our current dependence on sales to a limited number of customers for most of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; supply chain interruptions and expense increases; unexpected delays in new product introductions; our ability to expand our operations and market share in Europe and the U.S.; the effects of competition; changes to battery energy storage standards; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under “Item 3. Key Information – 3.D. Risk Factors” in our annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on May 11, 2023, which is available on our website at https://www.ads-tec-energy.com/en/company/invest and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
For ADS-TEC Energy – US
Stephannie Depa
Breakaway Communications
+1 530-864-0136
sdepa@breakawaycom.com
Source: ADS-TEC Energy GmbH
FAQ
Who has ADS-TEC Energy appointed as its newest Board Member?
ADS-TEC Energy has appointed Alwin Epple as its newest Board Member.
What is Alwin Epple's background in the automotive industry?
Alwin Epple has over three decades of experience in the automotive industry, including prominent positions at Daimler AG and Mercedes Benz Group. He has held roles such as Chief Audit Executive at Mercedes-Benz Group and President and CEO of Mercedes-Benz Italia.
What are Mr. Epple's qualifications?
Mr. Epple holds an economics degree from Eberhard-Karls University Tubingen and has completed executive management training programs at The Wharton School of the University of Pennsylvania and Harvard University in Cambridge.
What has Mr. Epple stated about joining the board of ADS-TEC Energy?
Mr. Epple has expressed that joining the board of ADS-TEC Energy is an honor and very exciting, and that the opportunity to contribute to the transformation of automotive mobility through ultrafast charging and battery storage solutions is motivating.
