Issuer: ADS-TEC Energy GmbH
/ Key word(s): Miscellaneous
NÜRTINGEN, Germany – October 19, 2023 – In a statement by Chancellor Olaf Scholz, the German government unveiled its plan to make fast chargers at gas stations mandatory by law. This would apply to operators of “almost all gas stations,” Scholz announced at the opening of IAA Mobility 2023, adding that “range anxiety will finally be a thing of the past.” According to current plans by the government, the mandate will apply to around 80% of all gas stations in Germany, or around 11,000 facilities. The government’s ambitious goal is for 1 million public charging points to be installed throughout Germany by the end of 2030. According to a survey by the German Association of Energy and Water Industries (BDEW), as of July 1 of this year, the current number stands at only 10% of this target. ADS-TEC Energy delivers optimal solutions for planned fast-charging obligation at gas stations
ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, sees its trusted ChargeBox and ChargePost products as a route to providing a flexible, high-performance charging infrastructure at almost all gas stations – especially in locations where the grid cannot be upgraded to accommodate high-power charging capacities. This is due, on the one hand, to the amount of space required by grid expansion (especially for transformer stations) and, on the other hand, due to the noise emissions generated when charging at a medium-voltage connection, which are not permitted in downtown areas. Meanwhile, ADS-TEC Energy’s battery-buffered charging solutions are designed for “normal” grid connections, minimize space and noise, are quick and easy to install, and enable “ultra-fast” charging in minutes and at up to 320 kW. This makes high-power charging possible almost anywhere, even at locations with low connection power, such as downtown or rural areas. ChargeBox and ChargePost thus boost the acceptance of electromobility by making electric car charging as fast as conventional refueling and bringing fast charging to the most convenient locations for drivers. Especially well-suited to gas stations ADS-TEC Energy ChargePost also combines maximum charging performance at up to 300 kW DC or 2x 150 kW and maximum storage capacity with the smallest possible footprint of less than 2 m². ChargePost has two built-in battery-buffered charging points including power electronics and battery storage. It also features two 75-inch UHD monitors that can be used as advertising space, offering additional revenue streams for operators. Likewise, the bidirectional use of the ChargePost or the use of self-generated energy from PV systems enable new business models involving the sector coupling of mobility and electricity. Our proven solutions in practice Customers and partners of ADS-TEC Energy have already gathered extensive positive feedback on fast-charging points at gas stations. An example is JOLT Energy, a Charge Point Operator specializing in establishing a fast-charging network at highly frequented urban locations. "We have already installed numerous ChargeBox charging stations at gas stations in several major German cities. The interest from gas station operators and owners is substantial as we can provide them with a reliable and space-saving solution for the planned fast-charging requirement. We build, finance, and operate fast-charging stations, allowing gas stations to benefit from additional revenue and new customers without having to invest in charging infrastructure themselves. Now is the right time to establish location partnerships to comply with the upcoming regulatory requirements," says Maurice Neligan, CEO of the fast-charging network operator JOLT Energy. 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: Media contact: For ADS-TEC Energy Europe: Dennis Müller
Media – United States: Stephannie Depa
Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | ADS-TEC Energy GmbH |
Heinrich-Hertz-Str. 1 | |
72622 Nürtingen | |
Germany | |
Internet: | -tec.de |
EQS News ID: | 1753313 |
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