New Research Shows How Ultra-Fast, Battery-Buffered EV Charging Technology Can Meet Increasing Demands and Save Charge Network Operators Up to 30% in TCO

ADS-TEC Energy white paper addresses how battery-buffering can overcome power-limited grid locations and enable charging operators to cost-effectively deploy ultra-high speed chargers today

NÜRTINGEN, Germany – July 6, 2022 – ADS-TEC Energy (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, today published a new white paper detailing how network charge operators can save up to 30% in total cost of ownership (TCO) with its ultra-fast, battery-buffered charging technology platform.

Electric vehicles (EVs) are playing an increasingly important role in the transition to a net-zero emissions world and are expected to comprise at least two-thirds of global vehicle sales by 2040. But even as EVs are becoming more widely available and affordable, the demand for fast, convenient charging is nowhere near to being met. The current grid structure and power-limitations will put the brakes on the EV revolution but there are solutions that turn the current grid challenges into grid assets.

The new ADS-TEC Energy research, conducted in conjunction with engineering services firm SAI Group, looks at how patented, battery-buffered charging technology enables charging operators to cost-effectively scale the charging infrastructure that underpins an all electric-vehicle world.

The paper can be found here.

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”). ADS-TEC Energy is a global leader in battery-buffered, ultra-fast charging technology that draws on more than 10 years of experience with lithium-ion technologies, storage solutions and fast charging systems, including the corresponding 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

Press Contacts:

United States:

Barbara Hagin
Breakaway Communications
bhagin@breakawaycom.com
+1 408-832-7626

Europe:

Burkhard Leschke Brand Relations GmbH
Burkhard Leschke
b.leschke@blbr.de
+49 16093803331