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ADS-TEC ENERGY PLC Ordinary Shares - ADSE STOCK NEWS

Welcome to our dedicated page for ADS-TEC ENERGY PLC Ordinary Shares news (Ticker: ADSE), a resource for investors and traders seeking the latest updates and insights on ADS-TEC ENERGY PLC Ordinary Shares stock.

ADS-TEC Energy PLC (NASDAQ: ADSE) is a leading innovator in the field of battery-buffered, ultra-fast electric vehicle (EV) charging technology. The company specializes in the development, production, and marketing of advanced battery storage systems, charging infrastructure, and cloud-based services that enable users to efficiently manage and control their energy solutions. Based in Ireland and publicly listed on NASDAQ, ADS-TEC Energy operates internationally with significant footprints in Europe and the United States.

The company's flagship product, the ChargeBox, is a battery-buffered, ultra-fast EV charging solution that allows vehicles to be charged in a matter of minutes, even on power-limited grids. This cutting-edge technology is designed to address the growing demand for quick and reliable EV charging, particularly in large residential complexes, city centers, and commercial properties. The ChargeBox has been successfully deployed in various high-profile locations, including the Marina Palms Yacht Club and Residences in North Miami Beach, showcasing its ability to deliver fast charging without the need for extensive electrical upgrades.

ADS-TEC Energy's portfolio also includes the ChargePost, a multifunctional charging station that integrates battery storage and offers additional revenue opportunities through features such as advertising displays and bidirectional energy trading. This innovative product has received numerous accolades, including the German Innovation Award for its excellent design and functionality.

The company has established strategic partnerships with major automotive OEMs, utility companies, and charge point operators, enhancing its market presence and expanding its customer base. Notably, ADS-TEC Energy has entered into a service partnership with Porsche, providing remote services, diagnostics, and on-site support across Europe and North America. This collaboration underscores the reliability and high performance of ADS-TEC Energy's fast-charging systems.

Financially, ADS-TEC Energy is on a strong growth trajectory, with record revenues and profitability in recent quarters. The company reported a revenue of approximately EUR 107.4 million for FY 2023, marking a significant increase from the previous year. With ongoing projects, new product launches, and expanding partnerships, ADS-TEC Energy is well-positioned to lead the EV charging infrastructure market.

For more information, visit ADS-TEC Energy's official website.

News

ADS-TEC Energy Unveils the Future of Ultra-Fast EV Charging for Residential Complexes with Deployment at Marina Palms in Miami

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ADS-TEC Energy plc (NASDAQ: ADSE) unveils ChargeBox, a battery-buffered, ultra-fast EV charging solution at Marina Palms in Miami. The technology allows for quick EV charging without major upgrades, revolutionizing EV adoption in large residential complexes.
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ADS-TEC Energy Announces New Board Appointment

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ADS-TEC Energy plc (NASDAQ: ADSE) appoints Dr. Andreas Fabritius, a Partner at Freshfields Bruckhaus Deringer, to its Board of Directors. Dr. Fabritius brings extensive experience in public and private M&A, corporate law, and international business, enhancing the company's growth potential and shareholder value.
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ADS-TEC Energy to Showcase the Future of Ultra-Fast EV Charging for Residential Complexes in Miami with New Marina Palms Deployment

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ADS-TEC Energy plc (NASDAQ: ADSE) announces the unveiling of its ultra-fast electric vehicle charging solution, ChargeBox, at Marina Palms Yacht Club and Residences in Miami. The event aims to showcase cutting-edge technology for large residential properties, making EV charging more accessible and efficient.
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ADS-TEC Energy continues to advance in the Netherlands: joint venture as part of NXT Mobility / GP Groot wins tender for the northwest of the country

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NXT 50five, a joint venture between 50five and NXT Mobility, wins a tender to install and operate rapid charging stations in the Dutch provinces of Noord-Holland, Utrecht, and Flevoland. The project, part of the GP Groot initiative, aims to address network congestion in the MRA-E area by utilizing battery-buffered rapid charging solutions from ADS-TEC Energy. The installation of up to 200 rapid charging stations is underway, with the first nine stations in preparation. This initiative marks a significant step towards establishing a nationwide rapid charging network for electric vehicles in the Netherlands.
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ADS-TEC Energy Conquers the Nordic Countries – Caverion Group to Become a Strong and Strategic Long-term Partner

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ADS-TEC Energy partners with Caverion to expand fast-charging electric mobility infrastructure in Nordic countries, starting with Norway. The partnership aims to provide ultra-fast charging solutions without the need for grid expansion, catering to limited grid access and existing infrastructure. ADS-TEC products like ChargePost, ChargeBox, and C&I energy storage systems offer multi-stream revenue opportunities and efficient charging for electric vehicles.
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ADS-TEC Energy Provides Preliminary Financial Results for Fourth Quarter and Full-Year 2023

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ADS-TEC Energy plc, with the ticker symbol ADSE, has announced preliminary unaudited financial results for the 3 and 12 months ended December 31st, 2023. The company reported a revenue of approximately EUR 107.4m, representing 306% growth over FY 2022, and exceeding stated guidance of EUR 100m. However, the Adjusted EBITDA for FY 2023 was approximately EUR -16.6m, compared to EUR -29.2m in FY 2022. The company ended FY2023 with approximately EUR 29.1m in cash. The fourth quarter 2023 revenue was approximately EUR 50.3m, with fourth quarter Adjusted EBITDA of approximately EUR 4.9m, representing the Company’s first profitable quarter. ADS-TEC Energy reiterates its FY24 guidance of approximately EUR 200m in revenues and positive EBITDA. The company experienced robust growth from both new and existing blue-chip customers, particularly in Europe, and plans to continue to grow its customer base in Europe and the U.S. in 2024.
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ADS-TEC Energy Signs Definitive Agreement for Private Investment by Svelland Capital

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ADS-TEC Energy (NASDAQ: ADSE) announces a private investment by Svelland Capital, a distinguished energy sector investment company. The investment is expected to strengthen the company's financial position and drive growth in the EV-charging infrastructure industry.
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Successful Operation of a Large-scale Energy Storage System by ADS-TEC Energy in Switzerland

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ADS-TEC Energy (NASDAQ: ADSE) has successfully implemented a high-performance energy storage system at Rhiienergie AG in Switzerland, paying for itself in just two years. The 1.25-megawatt battery power plant has been used for grid stabilization and support, impressing Rhiienergie with its reliability. The company is now planning to expand its storage capacity on a significantly larger scale.
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ADS-TEC Energy installs Sweden’s most powerful large-scale modular battery storage solution with capacity over 20 MW for Polar Structure

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ADS-TEC Energy (NASDAQ: ADSE) installs Sweden’s largest large-scale battery storage solution in collaboration with Polar Structure AB and Stockholm Exergi, with a total capacity of over 20 MW. The installation features eight modular large-scale storage containers, external inverters, and grid-supporting services, providing a sustainable energy storage solution for the region.
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ADS-TEC Energy: Huge Triple-Digit Increase in Order Volume With Existing and New Partners – PowerGo Named as a New Strategic Partner for the Roll-Out of Fast-Charging Stations in Europe

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ADS-TEC Energy secures over EUR 100 million in new orders for fast-charging systems, with plans to fulfill them in 2023 and 2024. The orders come from existing partners and new customers, including a strategic partnership with PowerGo. PowerGo initially plans to install 20 ChargeBox systems in Spain and the Netherlands, with further orders expected in the future. ADS-TEC Energy's charging solutions benefit last-mile logistics with ultra-fast charging capabilities.
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FAQ

What is the current stock price of ADS-TEC ENERGY PLC Ordinary Shares (ADSE)?

The current stock price of ADS-TEC ENERGY PLC Ordinary Shares (ADSE) is $13.98 as of December 20, 2024.

What is the market cap of ADS-TEC ENERGY PLC Ordinary Shares (ADSE)?

The market cap of ADS-TEC ENERGY PLC Ordinary Shares (ADSE) is approximately 712.2M.

What services does ADS-TEC Energy offer?

ADS-TEC Energy offers battery-buffered, ultra-fast EV charging systems, battery storage solutions, and cloud-based services for energy management.

Where is ADS-TEC Energy headquartered?

ADS-TEC Energy is incorporated in Ireland and publicly listed on NASDAQ but operates internationally with significant activities in Europe and the US.

What is ChargeBox?

ChargeBox is ADS-TEC Energy's flagship product, offering ultra-fast EV charging in minutes on power-limited grids without extensive electrical upgrades.

Who are ADS-TEC Energy's key partners?

ADS-TEC Energy has partnerships with automotive OEMs, utility companies, charge point operators, and companies like Porsche for service agreements.

What recent achievements has ADS-TEC Energy made?

ADS-TEC Energy has seen significant revenue growth, strategic partnerships, and product deployments like the ChargeBox at Marina Palms Yacht Club and Residences.

What financial performance did ADS-TEC Energy report for FY 2023?

For FY 2023, ADS-TEC Energy reported a revenue of approximately EUR 107.4 million, marking a substantial increase from the previous year.

What is ChargePost?

ChargePost is a multifunctional charging station with integrated battery storage, offering ultra-fast charging, advertising displays, and energy trading capabilities.

How does ADS-TEC Energy support EV charging infrastructure?

ADS-TEC Energy provides advanced EV charging solutions that require minimal electrical upgrades, making it easier and cost-effective to deploy ultra-fast chargers.

What awards has ADS-TEC Energy received?

ADS-TEC Energy has won several awards, including the German Innovation Award for its ChargePost, recognizing its design, brand, and innovation.

How is ADS-TEC Energy addressing the growing demand for EV charging?

ADS-TEC Energy addresses the demand by offering ultra-fast charging solutions like ChargeBox and ChargePost, which can be deployed quickly and efficiently.

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ADS-TEC ENERGY PLC Ordinary Shares

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