Press release
ADS-TEC Energy Wins “Overall Charging Station Technology of the Year” Award From AutoTech Breakthrough
Annual Awards Program Recognizes Innovation in Automotive and Transportation Technologies Around the Globe NÜRTINGEN, Germany--(BUSINESS WIRE)-- ADS-TEC
About this update from Ads-tec Energy Plc
[{"type":"text","content":"\nAnnual Awards Program Recognizes Innovation in Automotive and Transportation Technologies Around the Globe\n\n NÜRTINGEN, Germany--(BUSINESS WIRE)--\nADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, today announced it has been recognized as “Overall Charging Station Technology of the Year” in the third annual AutoTech Breakthrough Awards program. The program is conducted by AutoTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global automotive and transportation technology markets today.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221013005052/en/ADS-TEC Energy Wins “Overall Charging Station Technology of the Year” Award From AutoTech Breakthrough (Graphic: Business Wire)\nADS-TEC Energy’s proprietary approach to battery-buffered electric vehicle (EV) charging allows ultra-fast (L3) charging on existing, power-limited electrical grids, enabling widespread, ultra-fast charging (up to 320 kW) on without additional infrastructure power upgrades.\n\nThe technology can draw from sources as low as 50kW, making it possible for fleet operators, municipalities, service stations, auto dealerships and others, to quickly install ultra-fast EV chargers to power their growing fleets of EVs and support their EV-driving customers. It also allows for the introduction of ultra-fast charging in locations where it was previously unavailable due to power-grid limitations, such as remote and rural areas.\n\nThe technology is available in the ADS-TEC Energy ChargeBox, which consists of the ChargeBox Booster, handling energy conversion and storage, and the ChargeBox Dispenser, which delivers the ultra-fast charge to EVs, providing a full charge in as little as 10 minutes. It was developed in conjunction with Porsche, which was first to deploy the system, installing ChargeBox in its dealerships throughout Europe and the U.S., and ChargeBox is now being deployed more widely.\n\n“We are thrilled to receive this award from AutoTech Breakthrough for technology we are incredibly proud of. For businesses seeking to offer EV charging, we believe this technology is truly a game-changer,” said Thomas Speidel, CEO, ADS-TEC Energy. “With ChargeBox, we’re making it eas...