Press release
JOLT and ADS-TEC Energy celebrate the success of their strategic partnership with the opening of an ultra-fast charging station at ESSO in Stuttgart
JOLT and ADS-TEC Energy expand strategic collaboration with the introduction of battery-buffered fast charging stations in city areas JOLT is planning 5,000

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[{"type":"text","content":"\n\nJOLT and ADS-TEC Energy expand strategic collaboration with the introduction of battery-buffered fast charging stations in city areas\n\n\nJOLT is planning 5,000 ultra-fast ADS-TEC Energy charging stations in Europe and the USA by 2027\n\n\nInstallation at gas stations in Germany has already begun: first JOLT station is successfully in operation in Hamburg at an ESSO station\n\n\nJOLT plans to install 120 ultra-fast charging points from ADS-TEC Energy at 60 ESSO locations in key German cities in the next 6 - 8 months\n\n\nInauguration of a further ultra-fast charging station at ESSO in Stuttgart on July 26, 2022\n\n\nUltra-fast charging of electric cars will soon be possible everywhere in inner cities: ADS-TEC Energy, a leader in battery-buffered ultra-fast charging technology and Munich-based JOLT Energy announcing the opening of a new site at an ESSO filling station in Stuttgart as part of its strategic partnership. The first installations at service stations in the Netherlands and Germany has already begun. Distribution in the USA is in preparation.\n\n NUERTINGEN, Germany & MUNICH--(BUSINESS WIRE)--\nJOLT Energy and ADS-TEC Energy (Nasdaq: ADSE), as part of their strategic partnership, announce that the introduction of ultra-fast charging stations in major European cities and the United States is gaining momentum. Latest example is the opening of an ultra-fast battery-buffered charging station, a so-called ChargeBox, on 26 July at an ESSO filling station in Stuttgart.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220726005689/en/Inauguration of a new ultra-fast charging station at ESSO in Stuttgart: Maurice Neligan, CEO of JOLT Energy Group (left) and Thomas Speidel, CEO, ADS-TEC Energy. (Photo: Business Wire)\nADS-TEC Energy develops and manufactures ultra-fast, battery-buffered charging stations that charge modern electric cars as well at power-limited grids in minutes instead of hours. The Munich-based charging network operator JOLT buys, and operates ADS-TEC Energy's battery and charging technology. In addition, both companies are cooperating on the development of advanced mobile, ultra-fast charging stations.\n\nJOLT has already started to deploy the battery-buffered ADS-TEC Energy ultra-fast charging stations: They will be installed at the EG Group's E...