- eliso GmbH, part of VINCI Concessions, designs, installs and
operates charging stations for electric vehicles.
- The company wants to equip and operate, among others, the
electrical retail chain EURONICS Deutschland eG with several
hundred storage-based fast-charging systems from ADS-TEC
Energy.
- The contract between eliso and ADS-TEC Energy includes the
ChargePost and ChargeBox platforms as well as long-term
services.
- The first charging points from ADS-TEC Energy will be set up by
eliso this year.
ADS-TEC Energy (NASDAQ: ADSE), a leading international
manufacturer of battery storage-based platform solutions, is
entering into a partnership with charging solutions provider eliso:
the company plans, installs and operates charging stations for
e-vehicles for companies, commercial and residential properties.
eliso is first planning to install the ChargeBox and ChargePost
ultra-fast charging systems in the public car parks of specialist
electrical stores in Germany this year. With this long-term
cooperation, eliso is focusing on modern charging technology:
ADS-TEC Energy's battery-buffered ultra-fast charging solutions
enable ultra-fast charging in minutes and with up to 320 kW even at
power-limited grid connections in city centers or rural areas.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230810030925/en/
ADS-TEC Energy and the charging solution
provider eliso have signed a strategic partnership for ultra-fast
EV charging systems. More than 1000 charging points are to be
installed by 2025. (Photo: Business Wire)
Public ultra-fast charging solutions
Together with location partners such as Paderborn/Lippstadt
Airport and EURONICS, eliso is building a large fast-charging
network. ADS-TEC Energy's charging solutions and integrated energy
storage systems make it possible to balance the supply and demand
of electricity from renewable sources in real time, because they
can temporarily store electricity from one's own photovoltaic
system to help stabilize the grid.
ADS-TEC Energy's latest model, ChargePost, is a battery-buffered
ultra-fast charging system that combines two battery-buffered
charging columns complete with charging electronics and battery
storage and two optional 75-inch monitors that can be used as
ultra-HD advertising surfaces. ChargePost combines the highest
charging performance with up to 300 kW DC power and the highest
storage capacity with the smallest possible footprint and is an
exceptional addition to eliso’s charging infrastructure portfolio
and in line with its strategic direction.
“The partnership with ADS-TEC Energy is an important step in our
plan to build a public fast charging network,” said Johannes
Brodführer, Managing Director of eliso GmbH. “Our goal is to make
it easy to integrate charging an e-car into everyday life. This
only works if the stations of public charging parks function
reliably and enable fast charging. The battery storage at the
charging stations from ADS-TEC Energy allow High Power Charging at
locations with low connection power."
In addition to the ChargePost, the battery storage-based
ultra-fast charging solution ChargeBox opens up further
possibilities when planning an individual charging infrastructure
and is particularly flexible when it comes to integration into
existing architectures. The battery unit and all charging
technology is located in a cube with the smallest footprint (1.6
square meters/17 square feet), while the charging points
(dispensers) can be flexibly positioned within a radius of 100
meters (328 feet) - even indoors. The slim columns have a
particularly high-quality design and are completely silent, even
during a charging process with maximum power. The ChargeBox charges
continuously from the available distribution grid and boosts the
charging power up to 320 kW at one charging point - or 2x 160 kW
for two parallel charging processes.
“We are pleased that in partnership with eliso we can continue
to significantly advance the expansion of the fast-charging
infrastructure in Germany, particularly in inner cities, and we see
great potential in this cooperation," said Thomas Speidel, CEO,
ADS-TEC Energy. "Our storage-based platform solutions are simple
and quick to install, without additional grid expansion. They offer
outstanding charging performance, allowing e-vehicles to charge up
to a range of more than 100 kilometers (62 miles) in just a few
minutes. Integrating the charging process into users' everyday
lives, for example when shopping, will increase the acceptance of
e-mobility."
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
About eliso
Founded back in 2016, eliso is a specialist for charging
infrastructure who plans, installs, and operates charging stations
for the electric car drivers of today and tomorrow. With holistic
and future-proof solutions, eliso accelerates the expansion of
charging infrastructure in areas where electric car drivers spend
time – for example at employee and customer parking lots, or along
the highway.
At public locations, eliso invests in fast-charging stations to
operate them over the long term and make them available to all
electric cars, regardless the manufacturer.
From the very beginning, eliso’s mission is to work on the
electromobile future every day and to create structures for
sustainable mobility. Since 2022, eliso has been part of VINCI
Concessions, one of Europe's leading mobility infrastructure
operators.
More information: www.eliso.io
Forward-looking Statements
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 2023, 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 impact of the COVID-19
pandemic, 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230810030925/en/
Media: For ADS-TEC Energy
Europe: Dennis Müller SVP Product Marketing &
Communication press@ads-tec-energy.com
For ADS-TEC Energy United States:
Stephannie Depa Breakaway Communications sdepa@breakawaycom.com +1
530-864-0136
For eliso Josefin Link Marketing
& Communication presse@eliso.io
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