ADS-TEC Energy Strategy Pays Off: E-Mobility Ramps-Up With Ultra-Fast Charging Solutions and Strong Strategic Partners amperio, GP JOULE CONNECT and JOLT Energy
July 06 2023 - 8:30AM
Business Wire
- ADS-TEC Energy ChargeBox and ChargePost ultra-fast,
battery-buffered EV charging solutions demonstrate exceptional
performance in real-life applications.
- Real-world use cases show high performance and reliability;
enable new, additional business opportunities for partners.
- Ultra-fast charging in inner cities and remote areas further
accelerate the uptake of e-mobility.
ADS-TEC Energy (NASDAQ: ADSE), a leading provider of
battery-based, ultra-fast charging systems in Europe and the U.S.,
today announced that strategic partners are successfully
implementing its ultra-fast charging systems in a wide range of use
cases, demonstrating the significant potential of battery-buffered,
ultra-fast charging for rapidly scaling electric vehicle (EV)
charging. ADS-TEC Energy's solutions do not require time-consuming,
cost-intensive network expansion, making it possible for
charge-point operators (CPOs) to bring the benefits of ultra-fast
charging to inner cities and rural areas where grid expansion
opportunities are limited but fast EV charging solutions are
needed.
Experience with the simple planning, rapid installation and
reliable operation of ADS-TEC Energy's ultra-fast charging systems
and their use in diverse business models by strategic partners such
as amperio, GP JOULE CONNECT and JOLT Energy over the past year and
a half paints an extremely positive picture. ChargeBox and, since
the end of last year, ChargePost, have shown sustained high
performance with up to 320 kW – matched to the charging performance
of vehicles with 400- and 800-volt charging technology.
Applications range from municipal applications at public parking
lots or in front of retail stores, gas stations, car dealerships
and car rental facilities. In the future, the partners anticipate
supporting ultra-fast charging for commercial vehicles, as
well.
The exceptional performance is reflected in concrete evaluations
of individual charging stations from customers. The partners
reported that both the charging performance per charge and the
energy throughput of well over 140 charging sessions per week (with
approximately 6 MWh energy throughput), exceeded their expectations
for ChargeBox, with no noticeable drop in charging power for each
individual charging operation. These results come from a
utilization study in the Stuttgart, Germany, region, where a
disproportionately large number of Porsche Taycans have been
charging at a ChargeBox installed at a public gas station with a
peak charging power of 270 kW. The exemplary proof of concept,
which can also be applied to other charging stations, is driving
additional customer inquiries.
ADS-TEC Energy's partners are overwhelmingly positive about the
progress made.
Thomas Speidel, CEO, ADS-TEC Energy, said, "The fact that our
products can show their full strength in real-life applications is
the best feedback for us. We are pleased to receive extremely
positive feedback from our successful CPO partners, such as
amperio, GP JOULE CONNECT and JOLT Energy, regarding their further
planning and business development."
Maurice Neligan, CEO, JOLT Energy, is particularly optimistic
about the future, and stated: "We are continuing to expand our
market leadership for ultra-fast charging in cities, and have now
already installed seven charging stations in Munich. We are opening
up new locations with the launch of the new MerlinOne Charger with
digital advertising displays, and for the first time we have
equipped an office complex in Munich with a JOLT ‘Charge Park.‘ The
interest from gas stations, supermarkets and real estate companies
has been tremendous; we see extremely dynamic market development.
Ultra-fast charging in cities will further accelerate the uptake of
e-mobility and will become the key to success for the powertrain
transition."
Manuel Reich, managing director, GP JOULE CONNECT, said, "The
solution is also attractive if the grid connection is not
sufficient for ultra-fast charging. With ADS-TEC Energy, we can
also offer this without complex grid expansion. The use of
storage-based, ultra-fast charging stations represents a highly
scalable business for very many of our business partners in various
application areas. They enable additional revenue streams through
self-generated bidirectional photo-voltaic energy feed-in, energy
trading and advertising revenue.”
Oliver Kaul, CEO, amperio, said: "We already plan to include
ADS-TEC Energy's storage-based, ultra-fast-charging stations in
many of our projects, including rental car providers, independent
car dealerships and other car dealership locations. Following
strong feedback from the market, we aim to at least double the
number of installed systems in the coming year. While E-mobility is
still in its infancy, the nationwide charging infrastructure will
be achieved through full acceptance of the new technology. We are
prepared and will create added value beyond just fast charging by
linking it to local generation or even digital advertising. All of
this is fast and cost-effective, delivers high performance, and is
possible without network expansion."
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.
More information: www.adstec-energy.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230706665382/en/
ADS-TEC Energy Europe: Dennis
Müller SVP Product Marketing & Communication
press@ads-tec-energy.com Media – United
States: Barbara Hagin Breakaway Communications
bhagin@breakawaycom.com +1 408 832 7626
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