Ads-Tec Energy PLC Stock Price, News & Analysis

ADS-TEC Energy (NASDAQ: ADSE) is investing $8 million in a new facility in Auburn, Alabama, aimed at producing battery-backed ultra-fast charging solutions for electric vehicles. This investment is expected to generate approximately 180 jobs and enhance the company's manufacturing capabilities in North America. The facility is projected to be operational by 2024, with backing from Alabama Governor Kay Ivey. The company aims to expand its presence in the U.S. EV charging market, leveraging its innovative charging technology.

ADS-TEC Energy (NASDAQ: ADSE) has signed a master agreement with amperio for a significant expansion of its fast-charging infrastructure in Germany, starting with the installation of 101 ChargePost systems in 2023. The ChargePost is an all-in-one charging solution with up to 300 kW power, combining battery storage with two DC fast charging points in a compact design. This initiative aims to enhance the availability of ultra-fast charging stations, crucial for meeting the growing demand for electric vehicle charging in Germany.

ADS-TEC Energy (NASDAQ: ADSE) has partnered with GP JOULE CONNECT to deploy 30 ChargePost and 10 ChargeBox ultra-fast charging systems in 2023. This collaboration aims to enhance e-vehicle charging infrastructure without requiring extensive power grid expansion. The battery storage-based systems will be installed in Germany and across Europe, facilitating the transformation of energy systems. GP JOULE CONNECT specializes in sustainable mobility solutions, further supporting the initiative to promote climate-friendly mobility through advanced charging technologies.

ADS-TEC Energy (NASDAQ: ADSE) has launched ChargePost, a compact, battery-based charging system for electric vehicles, providing ultra-fast charging without grid expansion. Each unit supports up to 300 kW DC power, delivering over 100 kilometers of range in minutes. ChargePost features a small footprint, with a configurable battery capacity of 143 or 201 kWh, and includes options for advertising displays. Designed for diverse locations, it offers a quick installation and supports the transition to electric mobility, especially in urban and rural settings.

ADS-TEC Energy (NASDAQ: ADSE) has launched new installation options for its ultra-fast, battery-buffered ChargeBox system, enhancing flexibility for EV charge-point operators. The ChargeBox Dispenser can now be installed indoors, while the ChargeBox Booster can be installed entirely at ground level, eliminating the need for extensive grid infrastructure upgrades. This system allows for ultra-fast charging capabilities of up to 320 kilowatts, promoting easier installation in various environments, such as parking garages and showrooms. The new options are currently available in Germany, with plans for expansion to other regions.