Germany-Based ADS-TEC Energy Establishes Auburn, Alabama, Operations
The new facility will bring together sales, warehousing, service and assembly, and will expand the company’s manufacturing to include both Germany and the U.S., according to company officials. The site is scheduled for operations by 2024.
“We are very pleased to announce significant progress in the U.S. Having been listed on NASDAQ for less than a year, we already have a successful market presence in the Americas, and now are establishing a new location for sales, warehousing, service and assembly of our fast-charging systems in Auburn, supported by a strong economic environment driven by innovation and growth,” said ADS-TEC Energy Founder and CEO Thomas Speidel. “We are very grateful for the intensive support of the local economic development agency and the State of Alabama, especially Governor Kay Ivey, and the open doors of the local decision-makers, who have given us constructive support. ADS-TEC is 'Engineered in Germany,' and we are proud to extend our quality products to the U.S.”
For more than 10 years, ADS-TEC Energy has used lithium-ion technology to create rapid electric charging stations. The company’s systems have unique battery buffers that allow for fast charging without the need to expand limited power grids.
“Alabama’s auto sector aims to play an important role in the industry’s EV revolution, so it’s great to see a company like ADS-TEC Energy planning to establish a manufacturing operation in Auburn for ultra-fast charging stations that will help accelerate EV adoption across America,” noted Greg Canfield, secretary of the Alabama Department of Commerce. “This is a win for Auburn and a win for Alabama.”
ADS-TEC Energy’s products, like ChargeBox and ChargePost, seek to overcome installation barriers and provide additional benefits for those operating rapid electric charging stations.
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