- amperio plans nationwide expansion of its fast-charging network
in Germany, starting in 2023 with 101 ChargePost systems from
ADS-TEC Energy.
- The compact, all-in-one system with up to 300 kW charging power
combines bidirectional battery storage and charging electronics
with up to two DC fast charging points and large displays for
advertising in a footprint smaller than two square meters.
- ChargePost is quiet, easy to install, and requires no grid
expansion.
ADS-TEC Energy (NASDAQ: ADSE), a leading manufacturer of
battery-based, ultra-fast electric vehicle (EV) charging solutions,
today announced it has signed a master agreement with Cologne-based
charging project management specialist amperio GmbH for the
expansion of fast-charging infrastructure in Germany. Slate Asset
Management (“Slate“), a global alternative investment platform
targeting real assets, will provide the financing for the
agreement. amperio will initially be installing 101 ADS-TEC Energy
ChargePost systems, starting in 2023.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221215005842/en/
Thomas Speidel, CEO, ADS-TEC Energy
(left) and Oliver P. Kaul, managing director, amperio (right),
announce strategic partnership. amperio will install 101 ADS-TEC
Energy ChargePost systems starting in 2023. To mark the start of
the collaboration, the two companies today installed and
commissioned the first ChargePost charging system in Limburg an der
Lahn. (Photo: Business Wire)
To mark the start of the collaboration, the two companies are
today installing and commissioning the first ADS-TEC Energy
ChargePost charging system in Limburg an der Lahn. The charging
station—installed in the public parking garage at the Limburg-Süd
ICE station—will enable ultra-fast charging of e-vehicles for the
"LahnStar” on-demand shuttle service, part of the city of Limburg
public transportation system.
amperio is one of the first providers to implement and test the
ChargePost system's functionality in everyday use including
battery-buffered, ultra-fast EV charging along with energy storage
as a decentralized energy platform, peak-load capping and
optimization of self-consumption. As part of the project, amperio
plans to install the ultra-fast charging stations across the
country at more than 100 already contractually secured public
locations, thus dramatically expanding the fast-charging network in
Germany.
amperio employs experienced experts who have previously
conducted site analyses, planned and implemented charging
infrastructure projects, and operated charging stations both
technically and commercially. The cooperation with ADS-TEC Energy
is an important step toward a new strategic focus on DC and HPC
charging stations. Oliver P. Kaul, managing director of amperio,
said, " To meet the rapidly growing energy demand for renewable
traction power, drivers of pure battery electric vehicles need more
DC and HPC charging points. These must be able to be installed
quickly despite limited grid capacity. Likewise, an integrated
payment terminal should be available and allow drivers to have the
best charging experience even when paying. We are therefore very
pleased to have found a German manufacturer in ADS-TEC Energy with
whom we can implement this vision. The manufacturer's proven
technology, the production location in Germany and the innovative
approach of the technology motivated us to cooperate with ADS-TEC.
We see great potential in the collaboration for the expansion of
the German fast charging network."
Christian Schmid, managing director and global head of
infrastructure at Slate, said, "We are thrilled to support the
rollout of this framework agreement between amperio and ADS-TEC
Energy. The installation of these chargers across Germany
demonstrates a continued effort by Slate and amperio to make
sustainability infrastructure more accessible and ubiquitous
throughout the country, including at many of our own properties."
Majority shareholder of amperio GmbH, Slate Asset Management, owns
charging stations and finances them for its own use as well as for
potential third parties like amperio. It also sources management
services from amperio. Slate's portfolio, which includes more than
225 grocery stores across Germany and an extensive network of
tenants focused on environmental sustainability, will create a
variety of opportunities to accelerate amperio's growth.
ChargePost combines bidirectional battery storage, fast
charging station and advertising platform
ADS-TEC Energy’s recently introduced ChargePost system combines
two DC fast charging points together with battery storage, power
electronics and air conditioning in an extremely powerful, compact
and low-noise system. It takes charging to a whole new level with
an all -in-one design that takes up less than two square meters
(21.5 square feet) of ground space. ChargePost features two
charging points for ultra-fast charging of e-vehicles – delivering
up to more than 100 kilometers (60 miles) in just a few minutes -
with DC power of up to 300 kW for one vehicle and 150 kW for two
charging points used simultaneously, 144 or 201 kWh battery
capacity, and optional additions of one or two 75-inch advertising
displays that cover the entire length of the outer surfaces.
With simple, quick assembly by forklift, ChargePost features
plug-and-play installation at ground level, connecting directly to
the existing, power-limited low-voltage grid. As an energy
platform, ChargePost not only stores energy, but can also feed it
back into the grid and thus be used for other applications like
grid services. With more than 10 years of experience in lithium-ion
technologies, ADS-TEC Energy develops and produces battery-storage
solutions and fast-charging systems including energy management
systems. And ADS-TEC Energy products are "Made in Germany":
ChargePost is manufactured in Dresden, while research and
development take place in Nürtingen.
ADS-TEC Energy CEO Thomas Speidel explained: "We are very
pleased to be able to demonstrate the strengths of our newly
developed ChargePost system together with amperio. The ultra-fast
charging system, in combination with energy storage, is also a
decentralized energy platform that can be used many times over. The
integration of up to two 75-inch monitors as attractive advertising
space offers additional revenue opportunities for charging station
operators.”
Due to its special performance and efficiency with minimal size,
ADS-TEC Energy 2022's charging technology was nominated for the
German Future Prize by the President of the Federal Republic of
Germany.
About amperio
amperio GmbH, Cologne is a leading specialist planning office
for charging infrastructure and operator of charging stations.
Since 2012, amperio has been supporting companies, cities and
municipalities in developing individual charging concepts,
installing charging stations and billing charging processes. In
doing so, amperio relies on a holistic service that includes site
analysis, profitability analysis, business model analysis,
technical consulting, back-end service (monitoring and billing),
the operation of charging points, and energy management and subsidy
consulting. In addition, amperio offers two charging infrastructure
concepts developed in-house with its Charge2Go and
Mitarbeiter-Strom products. The company has already implemented
over 2,000 charging points for customers such as Volvo, Groupe PSA,
Tesla, Fastned, the city of Düren, Bad Ems and Ludwigshafen.
amperio GmbH is part of Slate Asset Management, a global
alternative investment platform, which holds a majority stake in
amperio GmbH.
More information at amperio.eu
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. 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 on: www.adstec-energy.com
About Slate Asset Management
Slate Asset Management is a global alternative investment
platform targeting real assets. We focus on fundamentals with the
objective of creating long-term value for our investors and
partners. Slate’s platform has a range of real estate and
infrastructure investment strategies, including opportunistic,
value add, core plus, and debt investments. We are supported by
exceptional people and flexible capital, which enable us to
originate and execute on a wide range of compelling investment
opportunities.
Visit slateam.com to learn more.
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
expectations with respect to future performance and the anticipated
timing of certain commercial activities, such as the Company’s
ability to secure critical materials for production and anticipated
timing for recognition of revenue from new orders. 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 April 28, 2022, which is available on our website at
https://adstec-energy.com/corporate-governance/ 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/20221215005842/en/
Media: For ADS-TEC Energy –
Germany Dennis Müller SVP Product Marketing &
Communication press@ads-tec-energy.com
For ADS-TEC Energy – US Stephannie
Depa Breakaway Communications +1 530-864-0136
sdepa@breakawaycom.com
For amperio Marie-Sophie Westbrock
Head of Marketing westbrock@amperio.eu
For Slate Asset Management Karolina
Kmiecik Director of Communications karolina@slateam.com
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