Press release
ADS-TEC Energy Establishes First North American Site for Its Ultra-Fast Charging Technology in Auburn, Alabama
ADS-TEC Energy to invest $8 million dollars in sales, warehousing, service and assembly facility, creating approximately 180 jobs Alabama Governor Kay Ivey
About this update from Ads-tec Energy Plc
[{"type":"text","content":"\n\nADS-TEC Energy to invest $8 million dollars in sales, warehousing, service and assembly facility, creating approximately 180 jobs\n\n\nAlabama Governor Kay Ivey supports ADS-TEC Energy and facilitates grants\n\n\nADS-TEC Energy will produce battery-backed ultra-fast charging solutions for e-vehicles in the U.S. market\n\n\n NÜRTINGEN, Germany & AUBURN, Ala.--(BUSINESS WIRE)--\nADS-TEC Energy (NASDAQ: ADSE), a leader in battery-buffered, ultra-fast-charging solutions, today announced it is establishing its first dedicated facility in North America in Auburn, Ala., bringing together sales, warehousing, service and assembly in the new location. The company expects its new site in the United States to be fully functional by 2024, expanding ADS-TEC Energy’s manufacturing to include both Germany and the U.S. ADS-TEC Energy plans invest $8 million and create approximately 180 jobs in the coming years associated with the new site, which will facilitate the expansion of e-vehicle charging infrastructure in the U.S.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221220005517/en/ADS-TEC Energy, a leader in battery-buffered, ultra-fast-charging solutions, today announced it is establishing its first dedicated facility in North America in Auburn, Ala., bringing together sales, warehousing, service and assembly in the new location. (Photo: Business Wire)\n“We’re excited to welcome yet another high-tech German company to Alabama,” Governor Kay Ivey said. “The partnership between German engineering and Alabama manufacturing has brought many innovative products to the North American market. We’re excited to add ADS-TEC Energy’s battery-buffered fast charging stations to that list, serving the quickly growing electric vehicle market.”\n\n“The City of Auburn is grateful for the trust that Thomas Speidel and his team have in our community, and we will do everything we can to support ADS-TEC Energy in establishing a successful operation in Auburn,” Mayor Ron Anders said. “The assembling and servicing of innovative equipment for the emerging electric charging infrastructure market right here in Auburn will create well-paying and clean high-tech jobs for Auburn residents.”\n\nAuburn, Ala.– important business location in the U.S.\n\nAuburn, Ala. is an important business location in the ...